Legal contract management background
- Definition of contract management
- Benefits of contract management
- Areas of contract management
Stages of contract development
- Drafting a contract
- The negotiation process
- Executing the plan
- Amending and reviewing a contract
Governance, risk management and compliance
- Risk management
- Benefits of using GRC
Challenges and measuring success
- Challenges faced during the process
- How to measure success
FAQs and other resourcesRead more
Contracts make the world go round. They hold important business deals together, and tie employees into legal commitments with a company. With such importance placed on the need to get this intricate process just right, it’s not uncommon for businesses to branch out and ask for the help of legal professionals.
It’s crucial these intimate pieces of documentation are written without loopholes or error – which is why it has become the norm for companies to reach out to legal firms in order to draw them up. Having a trained professional run through a contract can prove invaluable. It could help you minimise risk, and maximise business efficiency.
This resource will outline all aspects of contract management, serving to provide clarity for any organisation looking to outsource their requirements.