How to Develop Contract Lifecycle Management: Strategies and Techniques for Improved Workflow
Contracts are the lifeblood of any organization. But with overwhelming manual workloads, disorganized storage practices, and the lack of monitoring capabilities, legal departments and contract administrators constantly experience a wealth of problems in managing their contracts.
Without a centralized contract management system, organizations run the risk of revenue leakage, missed milestones, and compliance issues. Hence, companies must develop a contract lifecycle management (CLM) strategy to help them automate workflows, streamline processes, overcome contract bottlenecks, and reduce legal and compliance risks.
Join contract experts Colin Levy and Matt Patel (Malbek) as they delve into an in-depth analysis of the latest contract lifecycle management trends and developments. The speakers will also discuss strategic approaches and tools to help legal teams modernize their CLM processes.
Field of Study: Business Law
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Founded in November 2006, The Knowledge Group has established itself as a premier eLearning hub for Continuing Legal Education (CLE), Continuing Professional Education (CPE), and technology-focused webcasts. We equip lawyers, accountants, and industry professionals with expert-driven insights, timely regulatory updates, and practical strategies to help them stay ahead in an ever-evolving landscape.
Director of Legal and Evangelist with Malbek
Colin Levy is the Director of Legal and Evangelist at Malbek and a seasoned corporate lawyer, legal tech speaker, and writer. Throughout his career, he has seen technology as a key driver in improving how legal services are performed. Because his career has spanned industries, he has witnessed myriad issues, from a systemic lack of interest in technology to the high cost of legal services barring entry to consumers. Now, his mission is to bridge the gap between the tech and legal worlds, advocating for the ways technology can be a useful tool in the lawyer’s toolbelt rather than a fear-inducing obstacle to effective legal work. Colin is also a sought-after writer and speaker. His blog was named one of the Top 30 Legal Blogs in 2020. He is a graduate of Trinity College in Hartford, Connecticut and Boston College Law School and currently lives in Weston, Massachusetts.
COO and Co-Founder with Malbek
Matt Patel has almost 2 decades of CLM and legal tech industry experience, he lives and breathes contract management processes and technology. Throughout his career he has focused on solving complex business use cases, high level of customer satisfaction and leading product teams. As COO and co-founder at Malbek, Matt is focused on overall operational excellence delivering high value with a modern CLM solution to growing organizations. Matt enjoys a variety of hobbies outside of work. In the winter he enjoys skiing with family and friends, and in the summer, he enjoys water gardening in his backyard. When you meet Matt, ask him about his Koi Pond.
