Contract Works Blog
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ContractWorks is the easiest, most secure contract management software Helping legal teams and contract managers take control of their corporate agreements. Follow ContractWork's blog to learn trending contract management strategies, organization tips & more.
Contract Works Blog
2M ago
What Is Contract Performance?
What is contract performance, and why is its successful management important to both your bottom line and future success? A critical part of corporate governance, contract performance is the process of tracking how well an organization adheres to the obligations outlined in each of its business contracts ..read more
Contract Works Blog
2M ago
96% CSAT influenced by expanded product offerings, ongoing innovation, and ample customer education opportunities ..read more
Contract Works Blog
8M ago
Digital transformation within legal departments requires a strategic approach, or organizations risk overspending or overcomplicating their workflow.
To structure and iterate innovation processes, we suggest using the People-Process-Technology (PPT) framework when implementing new legal software. This approach ensures that companies spend their team resources wisely, get things done efficiently, and use the right tools for the job ..read more
Contract Works Blog
8M ago
The legal profession is transforming. In-house legal departments deal with the overwhelming volume of data — documents, spreadsheets, and visuals. Organizations store this documentation across locations: public and private networks, shared drives, and even in email threads. Managing all this information is a formidable task.  ..read more
Contract Works Blog
9M ago
According to a 2020 Thomson Reuters report, 64% of Legal leaders identified "insufficient use of technology" as a risk factor for profitability, ranging from medium to high. Furthermore, 91% of these leaders have high expectations that technology is critical for company revenue by allowing them to optimize legal processes and cut expenses ..read more
Contract Works Blog
9M ago
In today's rapidly evolving legal landscape, technology has become an indispensable tool for law firms and in-house legal departments seeking to improve efficiency, capitalize on their work's value and material impact, and enhance client service.  ..read more
Contract Works Blog
10M ago
Starting a new position can be overwhelming, especially when you’re tasked with managing a department. Leading a legal department is particularly challenging, as it involves various roles and obligations, including financial, strategic, and risk management operations ..read more
Contract Works Blog
10M ago
In the current landscape, where 80% of business models are at risk, the imperative need for transformation and adaptation to meet modern world requirements becomes apparent.  ..read more
Contract Works Blog
10M ago
Due to the current market conditions, finance teams have been extraordinarily tight-fisted with releasing funds for any new project. Their mandate in 2023 has been to cut spend wherever possible.  ..read more
Contract Works Blog
11M ago
CLOC is one of the premier annual legal conferences. Legal industry leaders, as well as general counsels, heads of legal departments, and other legal ops professionals, gather each year to discuss recent developments in Legal ..read more