Contract Management for In-House & Outside Counsel

In the busy world of enterprise contracting, time is a precious resource. The methods and frameworks that in-house and outside counsel use to manage the contracting process can significantly impact efficiency, predictability, and profitability. Where goodframeworks and effective negotiation processes are in place, contract teams tend to be more efficient and produce better, more consistent outcomes. Where less effective frameworks and processes are in place, it can ultimately cost the enterprise money and cause unnecessary exposure to risk.

This program focuses on the frameworks, processes, and considerations that contribute to effective management of the contracting process for enterprises. It provides a soup-to-nuts overview of the contract management process, from the initial considerations that go into establishing frameworks for contract negotiation, review, approval, and signature, to the actual process of negotiating a contract through execution, to the management of contracts and the relationships they underpin post-execution. Panel members share their own experiences with managing and negotiating contracts-from both the in-house and outside counsel perspective-identify key considerations, and share tips for handling those frameworks and processes effectively.