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Driving Compliance and ESG Initiatives with Contract AI


Level: Advanced
Runtime: 64 minutes
Recorded Date: March 21, 2023
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Agenda

  • Learn how to use AI to drive contract compliance and create line of sight into your contract data and manage contract obligations, compliance, and reporting
  • Learn how to use AI to understand the current state of your reporting obligations (both your own and your vendor partners) and plan for future state that uses AI to create and manage contracts
Runtime: 1 hour, 4 minutes
Recorded: March 21, 2023

For NY - Difficulty level: For experienced attorneys only (nontransitional)
For NY - Difficulty Level: Experienced attorneys only (non-transitional)

Description

In this session, we’ll explore how AI can be used to accelerate your compliance requirements and discuss how AI-enabled CLM practices can tackle contract compliance challenges by creating more control and transparency in your contracts, ensuring contractual obligations are met, maximizing revenue, and reducing business risk and disruption in the process. ESG reporting is increasingly a required component of a company’s financial and performance reporting. According to the G&A Institute, more than 90% of the S&P 500 companies now publish ESG reports. ESG is no longer a nice to have, but a must have and will be a top priority for organizations in 2023 and beyond. Additionally, many regulated industries have reporting requirements that AI-enabled CLMs can make more automated, creating both efficiencies and increased accuracy.

In this session, you’ll hear from experts and peers with hands-on experience using contract AI to solve for compliance challenges. Learn how to use AI to drive contract compliance and create line of sight into your contract data and manage contract obligations, compliance, and reporting.

Learn how to use AI to understand the current state of your reporting obligations (both your own and your vendor partners) and plan for future state that uses AI to create and manage contracts.

This program was recorded as part of ALM's Legalweek Conference on March 21st, 2023.

Provided By

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Panelists

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Stuart Brock

SVP, Contract Analytics & Lifecycle Management
Cimplifi

With more than two decades of experience in financial services procurement, data privacy, and compliance, Stuart serves as senior vice president of the Cimplifi contract analytics and lifecycle management practice where he focuses on strategies, implementations, and delivery of contract analytics programs that drive key business outcomes that support client organizations digital transformations.

Prior to Cimplifi, Stuart led a software implementation team that focused on the financial services sector. He also practiced law at a top national law firm for ten years before moving to a multinational investment bank and financial services company where he served in numerous roles including senior vice president and general counsel and oversaw global procurement. Stuart earned his bachelor’s degree and Doctor of Medicine from Wake Forest University and his Juris Doctor degree with honors from North Carolina Central University School of Law.

Stuart is a frequent speaker and author on topics related to global procurement strategies and the application of artificial intelligence.

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Genevieve Dong

Vice President, Business Execution Sr. Manager and head of Product Solutions
Wells Fargo

Based in the San Francisco Bay Area, Genevieve is head of Product Solutions for Wells Fargo's Contract Lifecycle Management within the broader Chief Operation Office, Operations Utilities and Information Management sector. In this role, Genevieve's primary focus is leveraging Artificial Intelligence/Machine Learning and CLM legal technologies for enterprise operating segments and lines of business throughout Wells Fargo. As an industry leader, Genevieve continues to pioneer digital transformation in the contract analytics and CLM space. As a licensed attorney in California since 2006, Genevieve’s past experience includes civil litigation, insurance, intellectual property, contract drafting/negotiation, general counsel and corporate governance. She has her JD and Intellectual Law Specialization Certificate from Golden Gate University School of Law and Bachelor’s Degree in Sociology (Law and Society Emphasis) and Communication from University of California, Davis.

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Sabrina Clerge

Vice President, Associate General Counsel, Corporate
Breakthru Beverage Group

Sabrina Clerg? is a seasoned, value-driven attorney with over 25 years a big firm and in-house legal experience. She is currently Vice President, Associate General Counsel, Corporate at Breakthru Beverage Group, LLC, the third largest wholesale wine and spirits distributor in the country. Sabrina advises the company’s executive management and senior leaders in connection with all operations and commercial related matters ranging from the distribution of products to real estate and information technology. Most recently, Sabrina has become her company’s resident contract life management expert, as she is overseeing the development of a platform that will automate the processes and protocols her company uses to establish and maintain its contractual relationships with third parties.

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Marla Crawford

General Counsel
Cimplifi

Marla brings over 30 years’ expertise to her role as general counsel. She is a respected attorney, strategic advisor, and thought leader who speaks regularly on legal technology, electronic discovery, and information governance issues. Marla spent 22 years practicing law at the prestigious international firm, Jones Day, specializing in the discovery phase of litigation. She also served as associate general counsel for Goldman Sachs for 11 years where she led the firm’s global eDiscovery practice and focused on complex commercial and securities litigation and regulatory investigations.

Marla’s expertise also includes advising on issues relating to information governance as well as the deployment of new technologies. Marla earned a bachelor’s degree in public policy from Duke University, graduated magna cum laude from Boston University School of Law, where she earned her Juris Doctor, and is licensed to practice law in the state of New York.

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Christina Wojcik

Director, Innovation & Technology
Citi

Christina Wojcik, Esq.’s, career is focused on building solutions to solve critical legal and business challenges. By consulting on and implementing best practices, leveraging technology, outsourcing and creating innovative solutions to complex problems, she has assisted her clients in driving revenue, achieving cost savings and efficiency, and has helped them reduce risk across the enterprise. At Citi, Christina is responsible for driving innovation across organizational design, technology, process and client experience. Prior to joining Citi, Christina led the Solutions and Enablement team, globally, at Seal Software. As VP of Solutions and Enablement, she managed a team of technical PreSales Solution Consultants to demonstrate best-in-class solutions to meet the complex contractual needs of Fortune 1000 organizations. She also ensured that the field team had the training, tools and resources necessary to achieve the greatest success. As Practice Executive, Contract Management at IBM, Christina was responsible for Contract Management Strategy & Best Practices at IBM. She worked closely with Fortune 500 companies to replace high-risk, manually intensive contract management processes with proven, scalable technology that delivers complete risk oversight and obligation management to legal organizations, while streamlining the end-to-end process, thereby increasing revenue and reducing costs. Christina has also worked in the Legal Process Outsourcing (LPO) industry (Thomson Reuters, Pangea3) as a Director of Legal Solutions, where her primary responsibilities included consulting in-house legal counsel on the evaluation and implementation of contract lifecycle management, corporate governance and litigation solutions by outsourcing legal work to India.


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