Get Your House in Order Now to Succeed with AI in CLM
It's time for your corporate legal department to get started on AI in CLM, but that can be easier said than done. Here's what AI really means to CLM and how taking a crawl/walk/run approach to building good data models is key to their success.
August 02, 2021 at 07:00 AM
5 minute read
You might have thought the title of this article was directed at our children and the status of their bedrooms, but the topic of AI in contract lifecycle management (CLM) is often just as messy. Everyone wants to leverage AI and believe they are incorporating it into their CLM systems, but are they really? For example, is getting a notification of a contract renewal date inside of a CLM record truly AI? Or is that type of helpful ping just the tip of the AI/CLM iceberg?
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllTrending Stories
- 1Data Breach Lawsuit Against Byte Federal Among 1,500 Targeting Companies in 2024
- 2Counterfeiters Ride Surge in Tabletop Games’ Popularity, Challenging IP Owners to Keep Up
- 3Health Care Data Breach Class Actions Saw December Surge in NY Courts
- 4Florida Supreme Court Disbars 3, Suspends 11, Reprimands 1 in Final Disciplinary Order of 2024
- 5Chief Justice Roberts Ends Year With Defense Against 'Illegitimate' Attacks on Judiciary
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250