On this episode of Contract Heroes, we had the opportunity to sit down with Sally Guyer, Global CEO of World Commerce & Contract and Paul Branch, CTO. WorldCC provides a home and a common body of knowledge for those working in the rapidly advancing world of contract management. WorldCC showcases an extremely diverse community, with over 70,000 members spanning from 180 different countries.
In this episode we spoke with Sally and Paul about:
Why simplifying contract language is becoming more popular
What issues you can run into when using complex contracting language
Understand where your organizations contracting processes are lagging
How to find a CLM solution that best fits your teams needs
As Vice President of Contract Management, Rod handles contracts from various types of clients, especially in the pharmaceutical field. Recently, MedImpact has been focused on helping clients procure vaccines and carry out the testing of these vaccines in pharmacy settings.
What’s covered in this episode:
How contract lifecycle management can be critical when dealing with all the elements included in the healthcare industry’s intricate contracting process
Why does AI mean when it comes to the CLM space and how can it speed up different facets of the contracting process
How software, particularly CLM tools can help manage your remote workforce
Connect with Rod on LinkedIn:
Craig is currently a partner at Deloitte Legal based in the UK and has done work all around the globe, helping companies find the best ways to improve their contract processes. He is a lawyer by training and practiced law in New York City for ten years before becoming the head lawyer for Capgemini, where […]
Jason got his start in legal technology in the mid to late 1990s and practically by accident. While practicing bankruptcy law, he became aware of the potential for automation buried within many rule-driven legal processes. After joining a startup, he involved himself more and more with the automation of legal processes, specifically contract management. With nearly two decades of experience dealing with contracts of all shapes and sizes Jason is the perfect person to learn from when it comes to managing your contracts.
What’s covered in this episode:
Problems companies face when beginning to automate their contracting processes
How to understand what metrics and issues to focus on when searching for technologies to help
How to create synergy between legal and sales to drive faster contract completion
Connect with Jason on LinkedIn:
As most legal experts will tell you, building out your companies contracting process is an ongoing project. You can’t necessarily expect to hit the ground running right off the bat. We recently sat down with Max Eubank, deputy general counsel at Workiva, to discuss how his processes have evolved in the 11 years Max has […]
Eric has years of experience in the legal-tech space. His current company Agiloft, offers an adaptable enterprise software that specializes in commerce and contract lifecycle management (CLM). What’s covered in this episode: How the legal ops boom has effective organizations How proper contracting processes help different departments align their goals The first steps to take […]
We recently sat down with Senne Mennes, co-founder at ClauseBase, and discussed the challenges many students face after graduating from law school. For decades the only real path coming out of college was to work for a firm. However recently other roles have started to become much more popular.
Senne also had some great suggestions for pieces of software/websites law students and young lawyers can leverage early in their careers to work smarter, not harder.
Senne’s journey to the tech space is a great story and one we recommend others check out. Whether you’ve been in the legal space for years or are fresh out of school it’s never too early or late to think about a career path that differs from the norm.
ClauseBase provides revolutionary and reliable contract drafting software and tools to law firms, lawyers, and legal departments around the world. The software allows lawyers and law departments to build their own unique intelligent clause library and manage their clauses and templates centrally while outsourcing contract creation to professional and commercial teams.
We recently sat down with Navdeep Gulati, Senior Contract Administrator at ATCO Electric, and discussed his experience with managing contracts and why having the proper processes in place is so important to all organizations regardless of shape or size.
During our discussion we also chatted about best practices during the negotiation process, change orders, invoicing, and why using precise language in your contracts is so important.
We sat down with Amy Sennett, Associate General Counsel at OpenText, and discussed how being an in-house generalist differs from being outside counsel and the biggest challenges she faced after leaving firm life.
We also discussed when a company needs to hire external counsel and whether having a CLM tool helps various teams in an organization come together and be more collaborative. Amy also shared her thoughts on the types of data companies should extract and track after implementing a CLM tool and how electronic signatures are essential in a post-pandemic world.
If you’re looking to start tracking KPI’s either within a CLM tool or manually this is a great episode to listen into.
We recently sat down with Tim Parilla, Chief Legal Officer at LinkSquares, and discussed his experience with some of their clients. During out chat we talked about what his customers’ main pain points are and typical issues they are looking to solve when searching for a contract management solution.
Tim also shared how organizations that don’t have defined contract management processes can become more efficient. He also emphasized the significance of reporting and turnaround time. Tim shared his insights on other KPIs that need to be considered to evaluate the viability of a CLM platform and how you can assess the ROI of a platform. This is another great listen for those searching for a CLM tool.