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Planning Your Contract Management System

Paralegal Bootcamp

When paralegals are looking at alternative paralegal careers outside the popular litigation paralegal field, contract management does not usually come to mind. However, there seems to be an increase in paralegal job opportunities in the field of contract management. But what exactly is contract management? Retrieved 2008-07-10].

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Contract Metadata Extraction – the whys and hows answered!

Cenza

Before we learn the need for contract metadata and how an expert in the extraction process ensures the effectiveness, let’s take a glance at the basics. Metadata, in general, describes the digital content of varied types to facilitate its management, use, and, most importantly, discovery. Here is how it helps.

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Building your CLM system with Contract Metadata

Cenza

And this is very true for contracts and other enterprise legal documents as well. However, the genesis of Contract Management Systems (CMS) has centralized the entire process, starting from storing, organizing, accessing, and reviewing, no matter the location. Contract Metadata – the invisible protagonist.

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An in-depth guide on successful contract migration and CLM implementation

Cenza

Contract lifecycle management (CLM) has not been a straightforward exercise and here’s why it requires expert legal understanding and understanding of information that contains legal language. Finally, legal teams are seeing the value in having an effective contract management process. Creating a central repository of legacy contracts.

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How to easily and securely migrate your clients’ contracts to your contract management system or CLM

Cenza

The pandemic only accelerated our reliance on digital technologies, increasing the adoption rates for contract lifecycle management (CLM) solutions in global companies. Despite the rate of CLM adoption, organizations lack clear insight into how employees, partners, and customers access and manage contracts today.

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AI Contract Drafting Startup Henchman Unveils Microsoft Copilot Integration, Calling It First of Its Kind

LawSites

“Leveraging advanced algorithms and metadata, this synergy facilitates more accurate answers and boosts drafting efficiency, all while tapping into a legal team’s wealth of collective knowledge,” the company says.

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The new hottest segment in legal tech: Contract Lifecycle Management

Cenza

Contract lifecycle management (CLM) has become a hot topic in the legal space; a must-have solution for CXOs looking to get a handle on their legal agreements. Given the shift in legal automation, the adoption and implementation of contract management solutions are gaining significant ground.