Walchet Talks

Lucy Bassli | CLM Demystified

Oct 21, 2022

31:16

Highlights

AI Chapters

Episode notes

Change Management

01:50

Seal and Reliability in the CLF Technology Space

01:33

Customized Contract Management Systems?

02:00

Introduction

2min

CLM, CLM Is Not a System.

2min

Seal and Reliability in the CLF Technology Space

2min

The CLM Process - It Takes Two to Tango

2min

Legal Review Policy - The First Step

2min

CLM Systems Do Not Do Everything Well

4min

Change Management

2min

Choosing a CLM Vendor

4min

Customized Contract Management Systems?

2min

10.

How to Manage the Painful Process of CLM Migration

3min

11.

How Do You Manage Adoption?

5min

12.

Is Uber a Good SaaS Application?

3min

In this episode we chat with Lucy Bassli, Founder and Principal at the Innolaw Group about Contract Lifecycle Management (CLM) systems. We discuss some of the fundamental concepts of a CLM system, what it includes, where to start, how to select a vendor and tips on improving adoption of the system. The points we discuss in this episode along with the corresponding time stamps are set out below:

Introduction (0:08)
What does a CLM system include? (1:45)
Tips for Starting a CLM System (5:55)
Focus Areas and Integrations in a CLM system (9:12)
Selecting a vendor (14:33)
Migration of Existing Contracts (20:14)
Adoption strategies for Multiple Stakeholders (24:22)

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