The legal department is generally perceived as the “blocker” – slowing down contracting and thus, the business. They are seen as the people to avoid or else, the contract may fall into a black hole…

The main reason for this frustrating situation is simple: SPEED. Companies want to move quickly, and legal review takes too much time. Technological advancements are helping and adding significant efficiencies, especially for simple contract review, but to do a thorough job on complex agreements, it just takes time, and in many cases, a lot of time. Insert high contract volume into the mix, and the problem gets even worse.