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Contract Evaluation

by on June 16, 2011

When it comes to contract evaluation, Rees Morrison over at LawDepartmentManagement.com (http://bit.ly/iFeOe0) has a great new post up listing top techniques for better handling the crushing contract burden faced by clients and companies today. Here are some of the gems on innovative contract evaluation:

  1. Use offshore staff
  2. Get contracts through a portal
  3. Use a contract assembly database
  4. Hire contract specialists
  5. Reduce the number of forms you use
  6. Priority levels for contracts
  7. Use contract management software
  8. Use electronic signatures
  9. Limit negotiation rights
  10. Focus on key provisions that need legal review if altered
  11. Group contracts into a working framework
  12. Automate contracts linked to email
  13. Have a contracting and negotiating guide
  14. Require a contract request form and sales, finance, IT or procurement involvement

You Should Try WhichDraft.com Here.

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