When it comes to contracting, Legal and Procurement should be close partners, as they have many of the same goals and encounter many of the same obstacles. Yet, they are often misaligned, leading to…
Inefficient processes are costly, and companies can no longer afford to depend on manual and resource-hogging processes that lead to bottlenecks and missed revenue opportunities. Even more so in today’s unpredictable economic landscape where…
When implementing a CLM, one of the most common challenges faced by contract professionals is the lack of flexibility. Most CLMs are rigid in implementation, requiring you to go through complex configurations in order…
Deal or no deal? Historically, both Procurement and Legal teams have taken their share of the blame as being bottlenecks for getting deals done. But times are changing – and those days of bottlenecking…
What do whiskey and legal operations have in common? The similarities might not be immediately obvious, but they both require a delicate balance of different elements to create a smooth and satisfying experience. That…
Traditionally, CLM was built for legal departments, but that's not entirely true anymore. As an increasing amount of the business becomes integrated, legal and especially legal ops teams need a CLM that plays nice with…
Do you know enough about contract lifecycle management (CLM) software to select the right tool for your company? As General Counsel, you are the head lawyer that knows a business’s legal process, understands…
Legal Operations may be one of the fastest growing and most important departments in enterprises worldwide. But where has that growth come from, and why? Agiloft CEO Eric Laughlin sat down with Marc Doucette…
What trends are defining how automation is altering the face of contract management worldwide? CLM Futurist and Agiloft’s Chief Product Officer Andy Wishart outlined these trends recently at CLOC, the world's foremost legal event during…
Earlier this month, legal teams from across the country gathered in sunny Las Vegas for Corporate Legal Operations Consortium (CLOC)’s flagship event, Global Institute 2022. Delegates were hungry to learn the newest trends in…
How a phased approach and targeting friction points leads to real improvements. If you are looking for a declaration about how the modern procurement team must embrace AI, blockchain, and digital transformation, you will…
How to talk to your executive team about CLM maturity (hint: more revenue, less risk) What happens when top corporate lawyers realize the hidden business value of advanced contract lifecycle management (CLM)? We must…
Our first major event back in person since October 2019 was something to remember! We had some excellent and insightful conversations discussing what has changed (or hasn’t changed) in the legal industry over the…
Everyone agrees that managing contracts and the contracting process is critical today, but not everyone agrees on the best way to start—or when. With 2022 around the corner, now might be the time to…
During this week’s installment of the Agiloft Webinar Series, we sat down with Heather Drouin, Staff Attorney at BISSELL Homecare, Inc., and Paul Branch, Chief Networking Officer at World Commerce and Contracting (WorldCC). Heather…
Gartner recently released two Hype Cycle reports for legal and procurement technology and mentioned Agiloft contract lifecycle management (CLM) software in both with a HIGH benefit rating. Gartner placed CLM software on the “Slope…
This week we welcomed attorney and legal tech evangelist Colin Levy for a webinar with Agiloft Global Alliance Director Danielle Haugland. The two talked all things legal tech with the goal of removing some…
From contract volume to cycle time and contract value, there is a lot to track in your contracts. Fortunately, a robust contract lifecycle management solution can help you accomplish this. But which metrics will…
Last week the Agiloft Webinar Series hosted a brief webinar that explained how to build the business case for CLM software. If you are contract manager, paralegal, or other professional that struggles to manage…
In a recent Artificial Lawyer article, Agiloft founder and CTO Colin Earl spoke about how the platform’s contracts AI streamlines contract and document review and what this means for legal teams and contract managers:…
This week the Agiloft Webinar Series hosted a legal panel titled Freedom, Opportunity, and the Future of Law with Jennifer Leonard, Executive Director of the Future of the Profession Initiative at Penn Law and…
In this week’s installment of the Agiloft Webinar Series, corporate law consultant Ellen Nendorf, JD, discussed the key artificial intelligence capabilities for legal teams. As legal professionals, these AI capabilities are the most impactful…
Managing risk is a priority for every Legal Department, and there is nothing like a global pandemic to expose where it is—whether you knew about it or not. In a time of crisis, you…
Global industry analyst firm, Gartner, recently released its 2020 Critical Capabilities for Contract Life Cycle Management*. This third-party report measures the strengths and capabilities of a dozen leading vendors that deliver contract management solutions.…
Last month, Gartner, Inc. announced the results of its first-ever Magic Quadrant for Contract Life Cycle Management* solutions. In an analysis of the top 12 vendors and their performance, Agiloft was named a CLM…
With conference season in full swing, Agiloft staff have been putting in many miles to hear the modern business challenges of organizations across all industries. Our latest travels took Agiloft staff down to Mexico…
At the end of January, Agiloft made the trip out to the most important annual event in legal technology, Legaltech 2019 in New York City. The staff who attended were there to meet the…
The unfortunate reality of many professionals working in compliance and contract management today is that they are overworked and underappreciated. Whether you’re a paralegal struggling to keep up with regulatory compliance or a contract…
Most modern companies are too busy engineering next-gen solutions or brokering synergistic mergers to give much thought to that routine piece of paper that they forward on to potential partners: the ever-constant non-disclosure agreement…
RFPs take time to produce, to complete, and to review. Make sure they are worth the investment by following these five critical guidelines: Don’t use RFPs as market research. RFPs should not be the…
A lesson in automating contract management; Agiloft streamlines Suffolk University’s legal processes
LegalThousands of contracts cross the desks of legal administrators at schools worldwide, including Suffolk University. For this Boston-based institution, those paper documents were managed manually, complete with literal hand-offs and copious phone calls. Realizing…