October 04, 2021 | Corporate Counsel
Series on Contracting Challenges: Let's Talk TechNo discussion on contract process improvements is complete without a focus on technology; it is an essential facet of CLM. But the problem with technology is that automating a bad process only makes the bad process faster, but it is still bad. The trick is to identify the best technology for the organization.
By Lucy Bassli
5 minute read
September 14, 2021 | Corporate Counsel
Series on Contracting Challenges: It Is All About the ProcessContracting is all about process for legal teams. Process is vital to improving contract lifecycle management because all contracts go through some form of a life cycle which itself, is a process.
By Lucy Bassli
6 minute read
August 30, 2021 | Corporate Counsel
Series on Contracting Challenges: Aligning the Right Human Resources to ContractingThe legal department is generally perceived as the "blocker" – slowing down contracting and thus, the business. They are seen as the people to avoid or else, the contract may fall into a black hole... So the question becomes: who in legal does the review?
By Lucy Bassli
9 minute read
August 16, 2021 | Corporate Counsel
Series on Contracting Challenges: Understanding Contract PlaybooksPlaybooks help simplify contracting because they are used in conjunction with contract templates. Playbooks can take many forms; differentiating between the necessary types and numbers of playbooks is possible without making the process too complex.
By Lucy Bassli
7 minute read
August 02, 2021 | Corporate Counsel
Series on Contracting Challenges: Tips on Building Contract TemplatesDesigning and using templates is the easiest place to start for legal teams that want to streamline their company's contracting work. They are easiest because they fit precisely within the skillset of the attorneys. Attorneys know the words that go into contracts; actually, they know lots of words (maybe too many). Therein lies much of the problem.
By Lucy Bassli
6 minute read
July 19, 2021 | Corporate Counsel
Series on Contracting Challenges: What Contracts Should (and Shouldn't) the Legal Department Spend Time on?In this series of articles for Corporate Counsel Advance, we examine the ways to make contracting simpler, smoother, and more predictable and efficient for the business. The first step in this effort is for the law department to define the company's basic policies and guidelines. What contracts should the legal team spend time on, and what contracts should it not spend time on?
By Lucy Bassli
5 minute read
June 21, 2021 | Corporate Counsel
New Series on Contract Lifecycle Management: Advice on How to Tackle Contracting ChallengesIn an upcoming series of articles for Corporate Counsel Advance, Lucy Bassli will share her insight on steps legal teams can take to reduce the challenges of increasing contracting volumes and limited capacity to scale. Below is an introductory Q&A on her background and an overview of the guidance the series will provide.
By Lucy Bassli
4 minute read
April 27, 2021 | Lean Adviser
10. Relationship Management Redefined Through DataThe future methods of relationship management will veer away from the personal and move towards more objective and empirical foundations. Data will become a staple in those relationships and will drive which relationships continue and which ones may end.
By Lucy Bassli
7 minute read
August 20, 2018 | Lean Adviser
7. Relationship Management Redefined Through DataThe future methods of relationship management will veer away from the personal and move towards more objective and empirical foundations. Data will become a staple in those relationships and will drive which relationships continue and which ones may end.
By Lucy Bassli
7 minute read
May 12, 2015 | Corporate Counsel
LPO and the Future of Contracting: 4 TipsIn-house lawyers and contract specialists are finding themselves overwhelmed with unrealistic demands on their time. Innovative use of legal process outsourcing can make the process more efficient and productive.
By Mark Ross and Lucy Bassli
8 minute read
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