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What does virtual collaboration look like in contract negotiations?

By ContractRoom on Apr 27, 2015 8:37:58 AM

 

collaborating_virtually.jpeg

Most general counsel and procurement officers would probably agree that collaboration in contract negotiations is a challenge even when all parties are in the same room. So what happens in our virtual world where the new normal is that people are spread across multiple locations and time zones? What does virtual collaboration look like?

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Contracting in Three Easy Steps

By ContractRoom on Apr 17, 2015 12:20:53 PM

At ContractRoom, our mission is to make contracting easy and efficient. I recently came across an article by Cindy Cox in Inside Counsel about making the contracting process more efficient. The article, Contracting efficiency for your legal department in 3 easy steps, is a good read. And Cox’s advice dovetails perfectly with what ContractRoom offers.

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Can Contract Compliance be Fun?

By ContractRoom on Mar 18, 2015 3:42:00 AM

happy-worker_23-2147518729.jpgCompliance simply isn’t fun for most people. Time consuming, tedious, confusing? YES… Fun? NO.

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Painless, Happy Contracting? YES, with digital, collaborative approach.

By ContractRoom on Feb 27, 2015 3:57:17 AM

Have you ever uttered the words painless – or better yet, happy – and contracting in the same sentence? Probably not, and you wouldn’t be alone. Even the savviest business and legal minds know that getting to a signed contract is a tedious, friction-oriented process. Additionally, the legal landscape is constantly evolving, meaning that business owners, corporate execs and their legal counsel (GCs) need stay current with the regulatory environment as well as staying on top of current industry trends and emerging technologies. Sound painful?Doesn’t have to be.

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Redlining is Painful

By ContractRoom on Feb 12, 2015 8:15:36 AM

businessman in painCollaborative editing tools for agreements/contracts (also, referred to as “redlining”) have been used for decades by contract negotiators (both attorneys and business people). The question is, are the current tools really suitable? Redlining has all the appearances of a wonderful collaboration tool, letting people see exactly what changes the other party is proposing and accepting or rejecting them. Therefore, on the surface, the answer may be, “Yes”. However, looks can be deceiving… and after reading on, you’ll probably quickly change your answer to, “No Way”.

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It’s Time to Create a Contracting Resolution/Revolution!

By ContractRoom on Jan 30, 2015 5:24:31 AM

It’s Time to Create a Contracting Resolution/Revolution… with the right way to collaborate, contract & comply.

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