In-House Tip: Train Business Teams

Introduction

Do your business stakeholders understand the basics of your contracting process?

Here’s why training business teams is critical:

◼️Fewer Legal Bottlenecks: Business teams handle preliminary work, reducing legal’s workload.

◼️Better Drafts: Initial contract drafts are more accurate and aligned with legal standards.

◼️Faster Approvals: Teams understand what’s required, reducing back-and-forth.

◼️Risk Awareness: Business units identify and escalate legal risks early.

◼️Improved Collaboration: Legal and business teams work together seamlessly.

◼️Policy Compliance: Business teams adhere to company policies during contracting.

◼️Time Savings: Less time spent correcting errors or explaining processes.

◼️Empowered Stakeholders: Business teams feel confident navigating routine contracts.

◼️Scalable Operations: Training supports a growing organization without overwhelming legal.

◼️Enhanced Value: Legal adds value as a strategic advisor, not just a contract reviewer.

◼️Reduced Costs: if the Business can do more itself safely then then the attendant legal costs decline.

If you want a streamlined contracting process–invest in training your business teams.

Remember: The best in-house legal teams don’t just support the business–they empower it.