CLM, clm software, contract lifecycle software ...

IACCM Provides Third-Party Tool for Finding the Right Contract Management system

International Association for Contract & Commercial Management (IACCM)

Provides New Comparison Tool for Contract Lifecycle Management Systems

legal document management, mitigate risks, legal practice

What is Legal Document Management for Contracts?

Congratulations, you’ve finalized your contract! After weeks spent drafting, altering, and negotiating, the terms are agreed, the signatures executed, and the ink is dry (digitally speaking). But...

ContractRoom, contract lifecycle management software, contract management software

Welcome to the New ContractRoom.com!

Welcome to the future of agreement! The ContractRoom.com website has been rebuilt from the ground up, to be more useful for you. Beyond a fresher, more modern look, the site has been recreated and...

international swaps and derivatives transactions, ISDA agreements, Futures contracts

The value of Contract Lifecycle Management Systems for Futures and Derivative Contracts

A robust contract management system should be able to handle any type of contract. However, the value proposition of contract management software differs substantially for different types of...

standard contracts, future of contracts, contracts ...

Basic Terms You’ll Encounter during the Contracting Process

Contracts vary in their structure, complexity and goals, but they can safely be defined as legally binding agreements between two or more parties made voluntarily. They are frequently...

smart contracts, workplace productivity, drafting contracts ...

Smart Contract Operations - Contract Compliance

Nothing can strike fear into the hearts of attorneys or businesses like “breach of contract.” Which is one reason all parties work so hard on the front end to ensure that the contracts they sign...

smart contracts

Smart Contract Operations - Contract Management

It is not uncommon for businesses to focus all their efforts on an initial contract, and then feel that contracting work is done, only to realize there are many activities that carry forward, such...

commercial contracts, smart contracts, drafting contracts ...

Smart Contract Operations – Faster, More Accurate Way to Process Agreements

In a perfect world, business and legal activity would flow smoothly, employee productivity would be peak levels, and work/life balance would be mandatory. Curiously though, none of us seem to live...

commercial contracts, negotiation management, workplace productivity ...

Contract Lifecycle Management (CLM) Modules – Assembling Faster, Smarter

While every contract has unique characteristics specific to the commercial transaction, there are certain features that lend themselves to standardization. Indeed, most contracts have been...

contractual drafting, drafting documents, negotiation management ...

Contract Lifecycle Management (CLM) Modules: Drafting Faster, Safer

In every society throughout history, legal contracts have played an important role in day-to-day business activity. The concept of a voluntary and binding written or expressed agreement between...

clm software, software development, contract software ...

Configurable Software Applications - the Need

Companies rely heavily on software applications to help with everyday business and

legal activities to facilitate getting done accurately and timely. But many of these organizations are...

clm software, negotiation management, contract software ...

Configurable Software Applications - the Process

The need for configurable software applications in the large enterprises is becoming more and more of a necessity. Instead of customized solutions, which are essentially company specific, buyers ...

CLM, Agreement Building, AI ...

What’s the right software for my company?

With so many options in the market, buying new software to fulfill a specific need in your company can be dream—or a nightmare. So, where to start? What do I need to know? What should my team be...

Predictive Agreement, Happy Contracting, Redline Automation ...

How effective is collaboration in negotiations with contract lifecycle management software?

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...

blockchain technologies, digital transaction management, Contract Lifecycle Management ...

What’s the future of Contract Lifecycle Management and the Blockchain?

With emerging technologies like blockchain ledgers and decentralized markets taking hold, business managers can fully expect the business contracting environment to change dramatically in coming...

contract drafting, Contract Lifecycle Management, negotiation management

Various Commercial Contracts – which is right for my situation?

Contracts can be interpreted in vastly different ways. From verbal contracts, called express contracts, to implied and quasi contracts, project managers need to plan for all possibilities.

When...

contracting, legal drafting

Contract Writing Best Practices: Creating Visual Contracts for Legal Drafting

When you picture a contract in your mind’s eye, you probably imagine a two things: paper and words. Specifically, a lot of paper, and a lot of words. However, with the digitization of the...

How To Avert Disaster When Negotiating Consulting Agreements

Ensuring the success of a consulting job begins at a very specific point: negotiating the consulting agreement with the contracting party before any official work begins.

legal drafting, contract management, natural language processing

Contract Writing Best Practices: Utilizing Hyperlinking For Ease And Clarity

Contrary to what might first appear to be the case, long, dense contracts filled with legalese are not necessarily more thorough and do not necessarily do a better job at offering legal protection...

contracts, contract management, Workflow Automation ...

Contract Writing Best Practices: The Argument for Standardization

Contract standardization has a history that is almost as long as contracts themselves. Due to the complexity of contracts as well as to the legal aspects of contracts, businesses and individuals...

GC, contracts, legal drafting ...

Contract Writing Best Practices: Balancing Plain Language and Legalese

Contracts have a well-known reputation for being dense, technical, and even completely incomprehensible–and historically, people expect contracts to be baffling fine print that can only be...

DTM, procurement process, Procurement Contracting ...

6 Tips for Responding to RFPs (Requests for Proposals, part 2 of 2)

Request for Proposals (RFPs) are, more than anything else, opportunities: opportunities to partner with a new business, opportunities to show you capabilities, and, ultimately, opportunities to...

procurement process, clm software, documentation ...

5 Tips for Responding to RFIs (part 1 of 2)

A Request for Information (RFI) is utilized by agencies, businesses, and government bodies to better understand the current market conditions and to better grasp the specific capabilities of...

managed service

Contracting as a Managed Service

Most enterprises today suffer from a sub-optimal contracting process. It is not for lack of a lot of hard working, well intentioned legal and contracting professionals. Achieving contracting...

clinical trials, clinical trial organization, CRO ...

5 tips for choosing and working with CROs

We’ve written a few articles about tips for conducting clinical trials and in doing so working with CROs (clinical research organizations or contract research organizations). Here we consider 5...

GC, hiring, managing ...

2 tips for hiring and managing your in-house team as General Counsel

How to pick the right people for and foster and manage your in-house legal team

I recently considered:

* The skills required by today’s GCs -

CRO, clinical trial research organizations, contract research organizations

4 possible disadvantages of working with a CRO

In a previous article we considered some of the advantages of working with clinical trial research organizations or contract research organizations (CROs). There are also some possible...

general counsel, GCs, GC ...

How being a General Counsel has changed in recent history

I recently wrote an article that considered the skills that are needed for being an effective General Counsel. Now let’s consider some of the ways the role and practice of General Counsel has...

personalities, work styles

The different personalities in the contract management process

The different personalities in contract management

Contract Management, Contract Lifecycle Management, save time

5 ways to save time in the contract management process

5 basic tips for saving time in the contract management process

CRO, clinical trial research organizations, contract research organization ...

4 advantages of working with a clinical trial research organization

In a previous blog post, we provided four tips for carrying out exceptional clinical trials, one of which include the assistance of a clinical trial research organization (sometimes called...

general counsel, skills

Developing the Skills for being an outstanding General Counsel

Essential Skills for a General Counsel

productive workforce, employees

How to provide 6 parameters within which your employees can succeed

3 areas to focus on for promoting a productive workforce (part 3)

workplace productivity, managing

3 tips for encouraging fruitful relationships among employees

3 areas to focus on for ensuring the efficiency and productivity of your workplace (part 2)

start-up, silicon valley

Why I moved my start-up from Miami to Silicon Valley

On the move to Silicon Valley

contracting champions

The Need for Contracting Champions

Kingsley Martin wrote a thought provoking piece on the future of contracting platforms. While it is hard to predict when the dawn of self-organizing, self-reporting contracts will be the norm...

legal practice, technology, silcon valley

Lessons learned from my transfer to Silicon Valley

Transferring from law to a software startup - what I’ve learned about LegalTech

supply chain, mitigate risks

5 Strategies for Planning for Risk and Uncertainty in the Supply Chain

Planning for Risk and Uncertainty in the Supply Chain: 5 Strategies

international swaps and derivatives transactions, ISDA agreements

How technology can assist with simplifying your ISDA documentation

Here are two ways that new technologies can assist with simplifying processes involving International Swaps and Derivatives Association (ISDA) agreements.

supply chain management, globalization

4 Benefits & 6 Challenges with a Globalized Supply Chain

With the advent of the internet and other technologies, the improvement of transportation infrastructures, and significant developments in trade, the world has gotten much, much smaller in recent...

contracts, contract management, HBO's Silicon Valley

Contracting in HBO’s Silicon Valley

The third season of HBO's Silicon Valley is now complete and Pied Piper has just released its product to market. Several hurdles have been overcome in the journey to this level of fruition...

brexit, commercial contracts, contract management

4 Companies set to benefit from Brexit

The referendum held on 23 June 2016 to decide whether or not the United Kingdom should stay in the European Union caused quite a ruckus when the results came back. The result, 52% for leave...

contract management software, contract lifecycle management software

Embracing the new software for transforming Contract Management

Lauren Harriman, J.D., CIPP/US, is a technology law blogger for TechTalkTranslated.com, the blog she launched during her final year at the University of San Francisco School of Law. She initially...

AI, Artificial Intelligence, machine learning

A Brief History of Artificial Intelligence

A short history of AI: AI and its growing impact business and law

famous negotiators, negotiations

5 Things You May Not Know About the "Bridge of Spies" Negotiator

Famous Negotiators: 5 Things You May Not Know About James B. Donovan (portrayed by Tom Hanks in “Bridge of Spies”)

Steven Spielberg has a large list of films under his sleeve: Schindler’s List,...

monitoring suppliers, supply chain management

6 Steps for the Better Monitoring of your Suppliers

In a previous blog we considered how to deal with a situation where a supplier provides a product that doesn’t meet required standards. Now we look at some ways you can monitor the performance of...

legal drafting, history of legal drafting

Free eBook: A Short History of Legal Drafting

Download your free eBook on A Short History of Legal Drafting here:

supply chain, supply chain management, sustainability

5 Steps Toward Achieving Sustainability in the Supply Chain

In the past, supply chain management has valued efficiency, accuracy, and economy over all else. However, in recent years, sustainability has gained an increasing amount of importance to a growing...

How to respond when you receive sub-standard products or services

It's easy to know what the best thing to do is when you receive something something sub-standard which you've ordered online as a consumer i.e. send it back and demand a full refund. It's not so...

contract management, CLM

Free eBook: What the Future Holds for Contract Management

Download ContractRoom's new free eBook - What the Future Holds for Contract Management:

olympics, contracts, bidding

The commercial contracts of the 2016 Olympics: Who are the winners?

Analyzing the commercial contracts of the 2016 Olympics: Who are the winners?

legal outsourcing providers, legal process outsourcing, LPOs ...

5 services Legal Outsourcing Providers (LPOs) can do for you

How the practice of corporate law is changing (Part 2)

blockchain technologies, smart contracts

3 industries blockchain and smart contracts are likely to disrupt

3 industries that blockchain technology and smart contracts are likely to disrupt

workplace policies, productive workforce, document management

3 areas to focus on for fostering a productive workforce (part 1)

big data, supply chain, supply chain management

15 ways big data is transforming supply chain management

15 Ways Big Data Analytics can help improve the Supply Chain and 3 potential barriers

Pokemon, B2B Contracting, partnerships

The new B2B contracts that are likely to arise from Pokemon Go

Unless you’re living under a rock you will have heard of Pokemon Go, the new game in the form of an app created Niantic Inc., an American software development, which is also responsible for its...

contracting, Waze

Waze for Contracting!

Lauren Harriman, J.D., CIPP/US, is a technology law blogger for TechTalkTranslated.com, the blog she launched during her final year at the University of San Francisco School of Law. She initially...

partnership agreements, mitigating risk

3 tips for evaluating and managing risks in partnership agreements

Failure to properly investigate and evaluate the integrity of businesses with which your company has entered into partnership agreements can lead to several negative consequences.

clm software, contract management, clm systems

What will contract lifecycle management look like in the future? Part 3

Match made in heaven? Contract Management Practice in relation to Contract Lifecycle Management Software (CLM Software)

legal technology, software development, kanban ...

Agile Law: How to Apply Kanban in a Legal Department

Dr. Sascha Theissen is an expert in providing lean and agile business improving solutions. He started his career as an attorney, working for six years in two highly respected law firms and serving...

masters services agreement, msa, msas ...

3 tips for making your master services agreements (MSAs) effective

3 tips for contract drafting - ensuring you have effective master services agreements (MSAs)

future terms, future concepts, contract software ...

Future concepts in CLM systems software

Future terms/concepts in Contract Lifecycle Management (CLM) systems software and contract management software

tips, clinical trials, contractual drafting ...

4 tips for carrying out exceptional clinical trials

oil and gas, contract management, contract management software

3 tips for surviving uncertain times in the oil and gas industry

The oil and gas industry is going through a period of massive change. Many factors have transformed it in recent times and continue to transform it. These include:

data analytics, contract management software, politics ...

The Effects of Data Analytics on Politics, Media and Business

Collecting and analysing data has recently become commonplace in several spaces. Three of those areas are politics, media and business. This article considers how large scale data analysis is...

supply chain, supply chain management, Procurement Contracting ...

6 Ways the Supply Chain has Transformed in the Last 20 Years (part 2)

Last week we wrote about 3 of the ways the supply chain has changed in the last 20 years. This week we continue this article series with a further 3 ways and consider what supply chain management...

Procurement Contracting, supply chain, supply chain management ...

6 Ways the Supply Chain has Transformed in the Last 20 Years (part 1)

The basic tenants of supply chain management have remained static throughout time and will not change in the foreseeable future: it will always involve the flow of goods, services, and information...

businessmen-with-a-contract-in-flat-design_23-2147552159.jpg

contract drafting

Embrace Standards, Don’t Use Form Contracts

Seriously don't. No matter how efficient it may be it is not a good practice. But before the commenting begins, allow me to explain.

contract management software, drafting contracts, document assembly ...

The new method for document assembly - a modular approach

How to create a modular framework for your contracts and agreements

digital transaction management, DTM

What is Digital Transaction Management and how can it help your business?

What is digital transaction management (DTM), where’s it going and where does online contract management fit in this space?

Contract Lifecycle Management, future terms, future concepts

What will contract lifecycle management look like in the future? (Part 2)

Future concepts and terms in CLM systems software

I recently considered the features Contract Lifecycle Management (CLM) systems are likely to have in the next 5 - 10 years. In this article I...

contract management, machine learning, natural language processing

How will machine learning and NLP disrupt contract management?

Contract Management, contract management system

Is your contract management software “expiring” or “expired”?

New wave of Contract Lifecycle Management (CLM) software making the experience faster, easier and smarter!

negotiation, corporate law, legaltech ...

3 ways the practice of corporate law is changing

There’s no denying it, the entire business landscape is being changed by various factors, and corporate law is not immune from this transformation. In the past decade or so, the rise of high...

technology, supply chain, supply chain management

New technologies for supply chain management

Some of the newer technologies available for reducing risk and increasing profits in Supply Chain Management (SCM)

Contract Lifecycle Management, contract management, contract management software

What will contract lifecycle management look like in the future? (Part 1)

Features that CLM systems are likely to have in the near future

contract management, contract management software, mining

Avoiding the contract management cave-in in mining

What is the best way to manage the contract management process in the mining industry?

contract management software, logistics management

How to logistically manage your contracts (Part 2)

How to manage your contracts logistically for logistics providers

contract management, collaboration, version control ...

How to solve the problem of version control

How to ensure you have proper version control when drafting business documents and contracts

contract management, supply chain, globalization

3 ways to avoid risks in supply chain contracting

contract management, contract management practice, masters services agreement ...

How to logistically manage your contracts (Part 1)

Contract Management for Logistics Providers

Cloud Computing, Cloud Security, Panama Papers

What can be learned from the Panama Papers about the Cloud?

The Panama Papers and the security benefits of the Cloud?

contract management, avoiding risks in construction, close-out phase

Reducing risks in construction projects - part 3

Eliminate risks in architectural, engineering and construction projects

legal technology, the future of law practice, law practice ...

What parts of a legal practice can be automated?

Fully realize the benefits of technology in your legal practice

contract management software, contracts, media ...

Save time while contracting in the media and entertainment industry

Ideas on how to navigate the legal landscape in the Media and Entertainment Industry

contract management software, construction, avoiding risks in construction

Reducing risks in construction projects - part 2

Eliminate risks in architectural, engineering and construction contracts

Risk Management, contract management software, construction ...

Reducing risks in construction projects - part 1

Eliminate risks in architectural, engineering and construction contracts

software selection

Free eBook: Essential Principles of Software Selection

Download ContractRoom's new free eBook - Essential Principles of Software Selection here:

contract management, corporate counsel, education industry ...

A short history of legal drafting (Part 3)

Innovative approaches to standardizing contracts

Contract Management, machine learning, pharma ...

The perfect pill for contract management in Pharma

Contracting in large-scale Pharma - regulation, compliance and contract management in the pharmaceutical context

standardization of contractual language, standardization of contract language, legal drafting ...

A short history of legal drafting (Part 2)

Modern legal language and the future of legal drafting

A push towards Plain English language and a push back?

Read Parts 1 and 3 of this aricle series here:

Part 1 - ...

contract management system, contract management software, technology ...

Is your tech company's contract management system up to scratch?

Ensure good growth and governance in your negotiations and contracting with the right contract management software!

legal drafting, history of legal drafting, Plain English Movement

A short history of legal drafting (Part 1)

A Short History of Legal Drafting: How modern legal language evolved to what it is today

You can read Part 2 of this series here: ...

contract management system, contract management process for manufacturing, contract management software

Manufacture a flawless contract management process

Leverage contractual data to continually improve your manufacturing processes

Contract Lifecycle Management, contract management system, contract management software ...

How to avoid legal discovery nightmares

negotiation, contract management system, contract management software ...

Some of the surprising ways technology will affect future negotiations

There has been a lot of discussion about how new technologies such as online negotiation and contract management software are changing the process of getting deals done - either from a legal,...

Contract Standardization, predictive agreeement, standardizing contractual language ...

Standardization of contractual language - the pros and cons

The arguments for and against standardizing contractual language

It seems everyone in the contracting world has an opinion about how a contract should be drafted. We recently published an...

contract lifecycle management software, reducing risk in negotiation, contract management software ...

How to reduce the 4 main risks in the contract management process

How contract lifecycle management software can help reduce risks in negotiation!

is email secure?, email is not secure, email is not practical ...

Why email is not secure or practical

Email is insecure and impractical

negotiation, Contract Management, machine learning ...

How to leverage reverse psychology in negotiations

Leveraging reverse psychology in negotiations with the aid of contract management software

negotiation, Contract Management, healthcare industry ...

Effective contract management in the healthcare industry

If you work in the healthcare industry in a legal capacity your concerns on a day to day basis most properly include the following:

Predictive Agreement, Contract Management, machine learning ...

How big is your negotiation data? and is your machine learning?

What big data is there in contract management and how may it be leveraged?

Predictive Agreement, Contract Management, machine learning

What do music, ants and contract management all have in common?

Music, ants and contracts seem worlds apart. However. recently I listened to an NPR ted talk where Professor Deborah Gordon (http://web.stanford.edu/~dmgordon/), a Stanford University professor,...

software selection, corporate IT strategy

Is your corporate IT strategy expired?

Defining a corporate IT strategy can be one of the most difficult feats undertaken by corporate managers today. The IT landscape is continually changing with new software and capabilities...

Contract Management, selecting software, cloud based contract management ...

True or False: “No one ever gets fired for buying IBM”?

'No one ever gets fired for buying IBM’ is a well-known phrase. This brilliant branding tactic suggested that choosing the larger, more established option, was the right decision for a...

Predictive Agreement, negotiation, purchasing process ...

How your purchasing process is costing you more than you think

The rise of predictive agreement^TM

legal technology, the future of law practice, law practice

Legal Technology Today [Fun Infographic]

Our friends at LegalTrek (https://legaltrek.com) have created a fun infographic commenting on current attitudes towards legal technology today and the future of law practice. What are your...

Contract Management, event management

Avoiding event planning disasters

How to manage contracts that are important for a large scale event or function

negotiation, Contract Management, statements of work ...

The case for automating Statements of Work

negotiation, deal desk software, contract lifecycle management software ...

Is your sales deal desk software the right solution?

Deal desks for sales teams are found throughout many industries and can range in size and complexity. Some examples include those for enterprise technology sales and more complicated...

commercial real estate software, contract management system, contract management software

The essential building blocks of smooth commercial real estate

the treaty of ghent, famous negotiations, negotiation strategies

Famous Negotiations in History: The Treaty of Ghent Christmas Eve 1814

What important lessons about negotiation and negotiation strategies can we learn from the signing of the Treaty of Ghent on Christmas Eve in 1814 (one of the famous negotiations in history)?

contract manager software, human resources management, contract managers ...

How to manage your human resources contracts

contract drafting

The 3 Rules of Contract Drafting

In our increasingly technological world contracts are becoming more prevalent and more complicated. Because it often isn’t practical or necessary to hire lawyers, many of these contracts are being...

contract management, operating agreement

10 things to discuss when negotiating an operating agreement

Starting a new company or other corporate venture is exciting!

Cloud Computing, cloud software, software selection ...

6 tips for software selection: a consultative approach

Where does one start when trying to select the right corporate software to achieve a goal or fulfill a need within a business? There are currently so many different corporate software options...

Cloud Computing, cybersecurity, Cloud Security ...

Security and Safety for Cloud Software: Is the Cloud Secure?

We have all seen the headlines, each week it seems like another major business’s reputation is at stake due to a data breach of some kind, costing thousands of customers their personal...

negotiation, switch tracking

What is Switch Tracking and how does it affect negotiations?

Switch Tracking is a pattern in conversations where one person’s reaction to feedback from the other changes the topic of conversation. Two people having a conversation start to talk about two...

negotiation, Contract Management, Thanksgiving

Negotiation at the dinner table

Contract Management, redlining, stopping redlining

Hacking contract management: What are you “hacking” today?

When I hear the word hacking, I imagine someone chopping or hoeing into something roughly. Or, I think about a software nerd breaking through internet firewalls to steal data or implant a virus...

negotiation, negotiating strategies, contract management

Optimizing 5 negotiation strategies for better agreement

interviewing contract managers, Contract Management, recruiting contract managers

How to recruit the best contract managers

Contract Management, hiring contract managers, roles and duties of contract managers

3 essential soft skills for exceptional contract managers

digital signature, e-Signature, Contract Management ...

How will electronic signature continue to evolve?

Wired, Tired and Expired methods of signing in the digital world

managing contract managers, Contract Management

9 factors for measuring your contract managers' productivity

Happy Contracting, negotiation, Halloween ...

Halloween - 9 Rapport Building and Fear Inducing Negotiation Tactics

Predictive Agreement, Happy Contracting, Redline Automation ...

How to stop redlining in its tracks

How the new wave of contract management software is reducing time spent negotiating

Is it possible to use data analytics and clause standards to make the contract negotiation process more...

Happy Contracting, negotiation, negotiating strategies

Famous Negotiators: Herb Cohen’s negotiating career

Happy Contracting, negotiation, Contract Management

8 Essential Data Points to Collect from Employee Contract Managers

Planning for smooth transition of arriving and departing employees

Happy Contracting, multi-party drafting, negotiation ...

What is the most efficient way to do multi-party drafting

Automating Collaboration: Expired, Tired and Wired Methods for Multi-party Drafting

Expired

Happy Contracting, Cloud Computing, About ContractRoom

3 fun facts about the Cloud [Video]

B2B Contracting, Contract Lifecycle Management, Contract Management ...

11 things you can control in your contract management process

Current contract management processes are lacking proper rules and controls. Why is that a bad thing? Well, serious consequences typically arise from lack of oversight during the negotiation phase...

Redline Automation, Conditional Editing, Authoring Tools

Can you track Track Changes? [wired, tired, expired?]

Wired

A track changes tool with the following features:

Tracks changes without requiring you to remember to turn track changes on;
Provides a format for viewing changes that is easily...

Happy Contracting, Compliance Automation, Risk Management ...

Technology Makes the “e” in e-Discovery Stand for Easy

It may be a slight exaggeration to claim e-Discovery could ever really be easy. The tremendous amount of information created and stored electronically makes complying with rules of discovery in...

Predictive Agreement, Happy Contracting, Workflow Automation ...

Can Automation Help with Compliance?

Compliance is expensive and time consuming—keep abreast of regulations can be a full-time job in and of itself, let alone ensuring your company is in compliance. Can automated systems keep your...

Predictive Agreement, Happy Contracting, Cloud Computing ...

Structuring Unstructured Data in Contract Management

Manage and Capture Your Unstructured Data!

In 2012, IDC conducted research on the digital universe in 2020. Based on the outcomes of that research, IDC estimates the world’s information is...

Predictive Agreement, Happy Contracting, Cloud Computing ...

Automation: the Future for In-House Legal Departments

There is a trend we’ve seen building over the last few years, and we think it’s one whose time has come. It’s the rise of operations within in-house legal departments. It’s an understanding that...

Predictive Agreement, Happy Contracting, Compliance Automation ...

Contract Management Needn’t be a Concern

If you have some concerns about your business’ contracting practices, you are not alone. Huron Consulting Group, conducted a survey with legal technology professionals, and more than half (57%) of...

Procurement Contrating, Predictive Agreement, Happy Contracting ...

What does virtual collaboration look like in contract negotiations?

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...

Procurement Contrating, Predictive Agreement, Happy Contracting ...

Contracting in Three Easy Steps

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...

Happy Contracting, Cloud Computing, Conditional Editing ...

Can Contracting be Controlled?

As a business leader, you know you can’t control every aspect of your business. That’s why you hire good people. However, there are some things you should be able to control, and your contracts...

Procurement Contrating, Predictive Agreement, Happy Contracting ...

Can Contract Compliance be Fun?

Compliance simply isn’t fun for most people. Time consuming, tedious, confusing? YES… Fun? NO.

Procurement Contrating, Predictive Agreement, Happy Contracting ...

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

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...

Procurement Contrating, Predictive Agreement, Happy Contracting ...

Redlining is Painful

Collaborative 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...

Procurement Contrating, Predictive Agreement, Happy Contracting ...

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

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

Procurement Contrating, Predictive Agreement, Happy Contracting ...

Everyone wants in on happy contracting...

Had to share an email received this past weekend as an example of how the message of "happy contracting" is beginning to spread... We've had a huge uptick in our inbound traffic from potential...

B2B Collaboration

Resolve to make contracting painless in 2015

Late-January is still plenty early to make a New Year's Resolution. How about resolving to end the monkey business with contracts? That’s right, if you’re like us, then you probably want to stop all...

ContractRoom Selected as Demonstrator for DEMO Fall 2014

ContractRoom launches new corporate website... major upgrade to look and feel.

We’re pleased to announce the release of our revamped corporate website, which has a totally new look and feel.

ContractRoom named Stratus Awards Finalist by the Big Intelligence Group

From their PR release, "53 Cloud Companies that Matter in 2014"... and "the Business Intelligence Group’s Stratus Award winners represent all that is right in the Cloud"

5 Things General Counsel Should Learn For 2014

Written by Matt Faustman on Jan. 8 2014 and published under General Counsel Corner on UpCounsel

Agreement Building, Cloud Computing, B2B Collaboration ...

ContractRoom Shortlisted as Most Promising Start-Up of the year

ContractRoom has been shortlisted in the 2013-2014 Cloud Awards Program in the category, Most Promising Start-Up.

B2B Collaboration, About ContractRoom

ContractRoom in the News! Smart Technology drives B2B collaboration

ContractRoom is excited to share that COO, Peter Thomson's, article, "Technology can boost smarter collaboration if you understand the process" is featured in IACCM's Contracting Excellence...

Cloud Computing, B2B Contracting, Contract Management ...

Cloud-computing, Collaboration and Competitive Advantage

Recently, the CIO of a large media company said he could only use software that was hosted on his company’s servers (this is called a “client server” system). When asked why, he said he had to...

Contracting Automation, B2B Collaboration

Twitter Founder Shares How To Get Rich Online

In Wired magazine's most recent issue (October 2013), Ev Williams, the founder of enormously huge internet successes Twitter and Blogger, reveals the secret formula for getting rich online.

Contract Management, Contracting Automation

Contracting Process transformed from a Paper chase to being Data-Based

Holy Grail versus Paper Trail:

Over the past 12 months, we have spoken to a lot of businesspeople, from the C-level suite, to the sales front line, to the legal team. Everyone feels the pain of...

Resources

To make your contracting process better