This two-part series examines the evolution of contract lifecycle management (CLM), which has accelerated tremendously in recent years. Yet despite the continued innovation driving steep market growth, there is no true one-size-fits-all CLM solution. Many organizations purchase expensive platforms rich with features they will never use, rather than a solution based on their actual business needs. But the right system can help legal teams better position themselves as a partner within their organization, facilitating a streamlined approach to handling contracts with improved business outcomes.