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How to Maximize the Efficiency of Your Legal Operations with Contract Management


Level: Advanced
Runtime: 58 minutes
Recorded Date: February 02, 2021
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Agenda

  • CLM (Contract Lifecycle Management) Basics
  • Pre-Work
  • Value of a CLM Platform
  • Operational Efficiencies
  • Choosing the Right Tools
  • Pitfalls to Avoid
  • Desired Outcomes
Runtime: 1 hour
Recorded: February 2, 2021
For NY - Difficulty Level: Experienced attorneys only (non-transitional)

Description

There has never been a more important time to operationalize efficiencies and conserve cash across the enterprise. Automating contracting processes offers massive organizational value in the form of substantial savings and revenue preservation that can make all the difference in these unprecedented times.

Join this panel for a one-hour session on the value you can unlock through automated contract lifecycle management.

This program was recorded as part of ALM's Legalweek 2021 Virtual Conference on February 2nd, 2021.

Provided By

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Panelists

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Vedika Mehera

Innovation Advisor
Orrick, Herrington & Sutcliffe LLP

Vedika has devoted her career to improving the delivery of legal services. She is trained and skilled in legal operations and technology and applies Six Sigma principles to each project. She uses her legal background to understand the business of law, and her technical and process skills to enhance client value. Working closely with clients and matter teams, Vedika's engagements range from consulting on quick-wins using low fidelity solutions, to in-depth and ongoing collaboration with multiple stakeholders and tools across the firm, to solve complex challenges.

Vedika also works closely with the firm's IT department to assist in researching and advising on technologies for firm-wide adoption that increase the productivity, quality, and efficiency of service delivery.

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Vicki Peyton

Contracts Manager
Arena Pharmaceuticals

Vicki Peyton is a Contracts Manager with Arena Pharmaceuticals, Inc., a small biotech company in San Diego, California, with over 30 years of paralegal experience. Vicki specializes in managing all aspects of various contracts from submission to completion, and is responsible for overseeing Arena’s Agiloft contract management system.

Vicki obtained her paralegal certificate from Indiana University-Purdue University in Indianapolis, Indiana, and is a Certified Paralegal having passed the National Association of Legal Assistants (“NALA”) exam. In her spare time Vicki enjoys volunteering on the USS Midway Museum as a Safety Team Lead.

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Danielle Haugland

Director, Global Alliance
Agiloft

Danielle Haugland is an experienced commercial litigator who has handled a variety of complex matters, particularly in the areas of antitrust and IP. She now leverages that experience to at Thomson Reuters Legal Managed Services to help attorneys improve their day-to-day practice and contribute true value to clients, specifically by using process and technology to conquer high-volume legal tasks. A refugee of the traditional big law practice, Danielle believes in the power of innovation, entrepreneurship, and technology to redefine the legal marketplace for the better.

Before joining Pangea3, Danielle practiced law at DLA Piper US L.L.P. and King & Spalding. She is active in the antitrust bar, currently serving as vice chair of the ABA Section of Antitrust Law Content Committee. Danielle also served on the Executive Committee of the California Bar Association’s Antitrust and Trade Regulation Section, during which she was managing editor of the Section’s treatise on California Antitrust and Unfair Competition Law, as well as a council member of the Antitrust and Business Litigation Section of the State Bar of Texas.

Danielle serves on the board of the Kif Brown Foundation, a charitable organization devoted to bettering the lives of cancer patients and their families by sharing knowledge and resources gained through Kif’s journey and continuing research.

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Deborah Solmor

General Counsel & Corporate Secretary
TCS Education System

Deborah G. Solmor is the General Counsel at TCS Education System, a nonprofit system of colleges advancing student success and community impact in higher education. TCS’s affiliates include the Chicago School of Professional Psychology, Saybrook University, Pacific Oaks College and Children’s School, the Santa Barbara & Ventura Colleges of Law, the Dallas Nursing Institute and Kansas Health Science Center. Deborah leads the legal and compliance functions within this innovative model that focuses on supporting institutions whose missions are to provide student enrichment and community impact.

Prior to joining TCS, she served as Vice President, Deputy General Counsel, Litigation and Chief Compliance Officer at Career Education Corporation, a publicly-traded provider of post-secondary education. At Career Education, she led a team of ten attorneys and compliance professionals. In addition to being a highly adaptable and collaborative business partner, Deborah is also a seasoned litigator.

Prior to moving in-house, she spent many years as Counsel at Skadden, Arps, Slate, Meagher & Flom LLP where her practice focused on complex commercial and consumer litigation. While at Skadden she represented clients across diverse industries in all aspects of litigation and alternative dispute resolution proceedings. Deborah is a CCEP certified compliance professional and is often invited to speak on topics including best practices in regulatory and internal investigations as well as issues related to compliance and marketing in higher education. She holds a Juris Doctor from the DePaul University College of Law and a Bachelor of Arts in Economics from Northwestern University.

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Oliver Round

Managing Counsel & Vice President
BNY Melon

Oliver Round is Managing Counsel & Director and Product Owner of Contract Lifecycle Management at BNY Mellon, where he advises the enterprise on leveraging legal technology, including artificial intelligence, machine learning, contract analytics, contract generation and contract life-cycle solutions.

Mr. Round is counsel to the firm's artificial intelligent legal agreement repository and contract analytics platform as well as to numerous enterprise regulatory programs. In addition, he focuses on strategically enhancing end-to-end business-as-usual process automation, firm-wide contract lifecycle management implementation and designing artificial intelligence proof-of-concepts.

Mr. Round is an alumnus of both Forham Law School and Lafayette College.


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