Why It Matters
CLM is one of the largest legal tech categories and usually one of the first systems an in-house team buys. Implementations succeed when they start with one high-volume contract type and a clear intake process, and struggle when they try to model every contract at once.
CLM Systems & Workflows Companies
- IroncladIronclad is contract lifecycle management software for creating, negotiating and analyzing contracts with AI.
IcertisIcertis is enterprise contract management software that connects contract data with business systems.- LinkSquaresLinkSquares is AI contract management software that helps legal teams draft, review and manage…
SpotDraftSpotDraft is AI contract lifecycle management software for drafting, reviewing, signing and renewing contracts.
CrosbyCrosby operates an AI-assisted legal service in which software agents and lawyers review, redline,…
AgiloftAgiloft is contract lifecycle management software with AI for drafting, redlining, negotiating and analyzing…
Related Terms
- Contract repository
- A central, searchable store of an organization's signed contracts and their key data, such as parties, dates, values and renewal terms.
- Obligation management
- Tracking what each signed contract requires and when: payments, notices, reporting, renewals and deliverables.
- Contract intake
- The process by which the business asks legal for a contract or a review, ideally through one form that captures the details legal needs up front.
- E-signature
- An electronic way to sign a document, legally recognized for most commercial contracts in the US, UK, EU and many other jurisdictions.
General information, not legal advice. Part of the Legal Tech Glossary, 173 terms in plain English.