A contract management process can be used to manage a broad range of contracts. It can be used with or without a contract management system that automates and manages all or part of the contracting ...

Successfully obtaining business through the contract bidding process can be a lucrative means of securing long-term work and profit for your firm. Some contracts can guarantee steady cash flows for ...

“I was a foot soldier in Biglaw when I thought to myself, why don’t I look more closely at how contract language works or doesn’t work, rather than just cranking out deals.” That’s how Ken Adams ...

Contract life cycle management (CLM) is the automation and streamlining of the contract process through digitization. As the name suggests, it starts in the preauthoring stage and continues all the ...

Small companies accounted for 23 percent of business conducted with the Defense Department in fiscal year 2022, but the relationship between the department and small firms is fragile, according to a ...

For many people, the term "government contractor" evokes an image of a slow-moving behemoth securing lucrative contracts while delivering costly, sometimes subpar products or services. While this ...

Who is responsible for decision-making in the contract process is unclear, with confusion often between law departments and other corporate functions, according to a new report. In-house lawyers and ...

Many think of the contract management group as playing an administrative role within any organization. However, a structured and efficient contract management process can serve as the backbone to ...