Many CLM Providers Claim to Be End-To-End. Only Few Actually Are
The 2023 InnoLaw CLM Market Study from the InnoLaw Group includes an index of a hundred CLM vendors for in-house counsel—and only ten of the providers featured were true end-to-end systems.
December 11, 2023 at 03:34 PM
4 minute read
In a matter of years, the contract space has become crowded, with providers old, new and consolidated all offering services covering one or more phases of the contract lifecycle.
But while many have branded their companies as end-to-end systems, meaning covering the entire contracting lifecycle, a recent study found that only a small number of providers on the market actually cover every phase.
The 2023 InnoLaw CLM Market Study from the InnoLaw Group (ILG), which was released on Dec. 6, includes an index of a hundred CLM vendors for in-house counsel. It found that only ten of the ones featured were true end-to-end systems.
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