3min chapter

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Ep 207: Checkbox CEO Evan Wong on Why Workflow Automation Beats CLM for Many Legal Departments

LawNext

CHAPTER

The Three Big Components of a Contract Lifecycle

A lot of the core value of a clm is in the last two pieces in repository and the ai sort of reading of the of the contracts for the more modern clms. That's actually where the heavyweight comes in and where most of the cost sits because typically clm charges by per user as well right or per document. The third big component is really contract analytics so that's sort of post-storage you know obligations management contract data extraction things like that.

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