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Contracting Function

In-House Legal Tip: Only Implement a CLMS when Ready!

In-House Performance Tip

1 min • 03 Jul 23

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Document and optimize your contract lifecycle management procedures first and then find a CLMS system that can support it.  

Nothing is more perilous to your in-house transformation efforts than trying to “buy efficiency” with a new contract lifecycle management system (“CLMS”).

A CLMS merely force multiply what should work well offline – but which could benefit from increased scalability, execution speed, and data insights.

The vast majority of CLM implementations tend to miss the mark because the in-house customer seeks to buy in a solution instead of precisely defining the CLMS scenarios required for their ecosystem and then sourcing a CLMS solution that can meet those requirements.

This week we will have much more to say on this issue, including how it pertains to the Matter Lifecycle Management requirements of in-house legal teams.  

READY TO TRANSFORM YOUR LEGAL TEAM?

Please check out the GLS solutions and know-how resources listed on the right side of this page – they might assist your legal team with the issues explored in this Blog. 

Of course, if you would like discuss your transformation needs – please book a 30 minute FREE CONSULT WITH GLS 

In the interim, here are 7 resources and tools that may assist you as you transform the performance capabilities of your legal team:

1. GLS's Ultimate Guide to Legal Operations: download this HERE, and read it thoroughly and regularly. It is a wonderful transformation companion

2. GLS Transformation Boot Camp: for our free and hugely successful, 10 week long, email-based boot camp on how to effectively transform your legal team you can SIGN UP HERE

3. GLS Knowledge Centre: click HERE to access lots of informative and instructive white papers, blogs and training resources etc. - all focused on helping to improve your legal team's performance

4. GLS Legal Operations Community: join the GLS Legal Operations Community and collaborate with other in-house leaders as they seek to tackle many of the same performance issues that you face, click here to JOIN NOW

5. Visit GLS Connect: visit the GLS CONNECT PAGE and select the information you would like to receive from the GLS Legal Operations Community

6. GLS Legal Team Transformation Plans: mitigate the risks of transformation failure by taking a GLS TRANSFORMATION SUPPORT PLAN 

7. Register: GLS Legal Operations Centre: REGISTER HERE to access the GLS Legal Operations Centre for free and to receive more than US$20,000 worth of legal team performance resources

© The GLS Group - Law Rewritten

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