Contract Lifecycle Management: Process and Workflow, Negotiation and Approval, Ongoing Maintenance, Compliance
Recording of a 90-minute CLE video webinar with Q&A
This CLE course will provide counsel with an overview of the process of contract lifecycle management through its various states. The panel will address the need to create a common language, core templates, unified terms, and repeatable, consistent conditions of buyers and suppliers. The program will address the advantages and concerns of contract management systems, regardless of the particular software that counsel has adopted.
Outline
- Contract preparation
- Identify your needs, establish goals, set expectations, and define risk
- Draft the contract
- Get approval before finalizing the contract
- Contract negotiation
- Sign the contract
- Keep up with amendments and revisions
- Manage after the signature
- Audits, renewals, and obligations
Benefits
The panel will review these and other important topics:
- How can a contract lifecycle management system simplify the contract process?
- Can a contract lifecycle management system assist in managing and avoiding risk and compliance issues?
- What are best practices to streamline contract negotiations with online redlining?
- How does a contract lifecycle management system reduce time and costs for counsel?
Faculty

Caroline W. Hudson
Partner
Loeb & Loeb
Ms. Hudson focuses her practice on marketing, promotions, and privacy matters, and advises clients on the latest... | Read More
Ms. Hudson focuses her practice on marketing, promotions, and privacy matters, and advises clients on the latest developments in intellectual property law, digital advertising, social media platforms, and mobile devices. She also leverages her knowledge of key legal considerations relevant to the food, beverage, and dietary supplements industries to provide guidance on labeling, claim substantiation questions, and other regulatory issues.
Close
Mary M. Jummati
Managing Director
Morae Global
Ms. Jummati's role extends to the development and implementation of innovative solutions and services,... | Read More
Ms. Jummati's role extends to the development and implementation of innovative solutions and services, addressing the unique business challenges faced by clients in the legal industry. She possesses a keen understanding of the specific needs of clients, collaborating with cross-functional teams to design and deliver tailored solutions. Working closely with clients, Ms. Jummati identifies opportunities for process improvement, cost optimization, and efficiency gains within their legal operations. Dedicated to staying at the forefront of industry advancements, she remains abreast of trends, emerging technologies, and regulatory changes, ensuring the firm delivers cutting-edge legal solutions. Ms. Jummati provides expert advice and insights to clients on complex legal matters and industry-specific challenges, solidifying her reputation as a trusted legal advisor.
Close
Tyler Marion
Managing Director and Head of Managed Services
Duff & Phelps
Mr. Marion brings more than 13 years of combined practice and legal operational experience. His primary areas of... | Read More
Mr. Marion brings more than 13 years of combined practice and legal operational experience. His primary areas of expertise are contract management, mergers and acquisitions, and legal operational consulting. Mr. Marion has spent the last 9 years developing outsourcing models and managed services for corporate clients.
Close