Contract Management Usages and Practices: 2020 Research Report

Why corporate counsels need to digitally change

In a world of increasing uncertainty and fragility, legal needs to constantly improve its adaptability as much as its capabilities. That means that general counsels (GCs) and legal teams need to equip themselves with cutting-edge technologies.

ContractPodAi recently conducted a study to examine the usages and practices of legal departments, when it comes to their day-to-day contract management. Our research involved interviews with corporate lawyers who manage contracts across North America.

Ultimately, it reveals the crucial need within legal departments to simplify their existing contract management processes. In fact, about a half of corporate lawyers believe artificial intelligence (AI)-powered solutions would help automate their contracting systems and practices.

Download our research report to learn more about:

  • The biggest contracting challenges facing corporate legal departments today
  • The legal industry’s current lack of automation and AI technology
  • The benefits of AI-based contract management software
  • The key features of contract lifecycle management systems

Get your legal team on the path to a legal digital transformation. Download your copy of our research report today!

3501, Jack Northrop Ave, Hawthorne, CA 90250.
Copyright © 2020 MarTechSeries

MarTechSeries Privacy Policy