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TL;DR Implementation statements of work often under-spec hours, blur role boundaries, and defer risk to change orders. A defensible SOW anchors to legal project management basics, lists assumptions and exclusions, sets acceptance criteria for each deliverable, and names an owner for every risk. Useful references include PMI guidance on statements of work, WorldCC research on…
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TL;DR A transparent, weighted scorecard reduces bias and creates meaningful discrimination between vendors. This article presents a defensible 100-point rubric, shows the scoring math, and outlines governance steps that align with guidance from the Federal Acquisition Regulation 15.304, NIGP’s best practice on RFPs, and CIPS supplier evaluation. A downloadable template is included: CSV and JSON.…
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TL;DR Legal teams are moving from pilots to production on generative AI, but adoption is uneven and gated by governance. Law firm indicators are strongest where executive sponsorship and guardrails are clear, while in-house departments emphasize use cases tied to measurable time savings. For a defensible view each quarter, triangulate sector surveys with product control…
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TL;DR Contract lifecycle management software delivers value when prerequisites are in place: stable templates, clear approval paths, clean master data, and a defined integration boundary. Many departments consider CLM before those foundations exist. That sequence invites cost without control. This piece outlines clear signals not to purchase yet and specific actions to take instead. References…
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TL;DR There is no public dataset that publishes contracts executed per legal FTE segmented by annual recurring revenue and industry. Credible references describe staffing ratios and workload trends, not contract-level throughput. The gap is solvable with internal data. Count executed agreements for a defined period, divide by in-scope legal FTEs, then segment by finance ARR…
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TL;DR Download the CSV checklist. You can also view it in the table shown here. # Control What to verify Evidence to request Why it matters Map to frameworks 1 SOC 2 Type II in-scope for Security at minimum Report period within last 12 months. TSCs covered: Security + any others needed. SOC 2 Type…
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TL;DR A minimal Salesforce to CLM integration can be delivered in one week if scope is narrow, a sandbox mirrors production, and sync patterns, approvals, and API limits are planned up front. Use Salesforce’s Integration Patterns & Practices to choose the sync model, align on sandbox types and templates, and watch the developer limits and…
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Perfect — here’s the rewritten, publication-ready version of Redline Duration by Contract Type with true inline sourcing. Every link is embedded in the organization name or report title, never tacked on at the end. Redline Duration by Contract Type TL;DR Background & context Contract cycle time is the most reported KPI in legal operations, but…
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Tl;dr We verified ten vendor release notes or “what’s new” pages published or updated in September 2025. Themes: incremental improvements to CLM workflows, richer search and review in knowledge and discovery tools, and more admin-visible audit and deployment details. Concord’s public changelog remains active, with versioned entries through July that many teams missed over the…
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If you only listened to vendor marketing, you would think every company is using AI to negotiate contracts and draft complex agreements without lawyers. The reality is very different. In practice, most organizations stick with simple AI features that deliver immediate value and avoid unnecessary risk. According to the ABA’s 2024 Legal Technology Survey, about…