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Contract Room

How to stop redlining in its tracks | Contract Room

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How the new wave of contract management software is reducing time spent negotiating

Source: How to stop redlining in its tracks

How to reduce the 4 main risks in the contract management process | Contract Room

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How contract lifecycle management software can help reduce risks in negotiation!

Four principal risks faced when engaging in large-scale negotiations are:

  1. Losing time by spending too much of it on negotiations instead of on more lucrative business pursuits;
  2. Not reaching an agreement or not reaching a satisfactory agreement in a time and resource efficient way;
  3. The other party not delivering what they have promised; and
  4. Being sued for non-performance of your side’s part of the bargain

Source: How to reduce the 4 main risks in the contract management process | Contract Room

Standardization of contractual language – the pros and cons | Contract Room

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The pros and cons of the standardization of contractual language

Source: Standardization of contractual language – the pros and cons | Contract Room

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