Thank you for sharing!

Your article was successfully shared with the contacts you provided.
signing contract

Much attention is paid to post-contract obligation and relationship management, with articles and presentations focused largely on technology tools designed to assure that your company is getting the full benefits of what has been agreed. But what about the pre-contracting process and tools that help pave the way for better contracting and relationship management? Set your company up for success with these pre-contracting best practices:

Implement a simple, user-friendly request and intake process. Ideally, this will be an online tool or application available from any device where requesters go to seek contract support. They simply provide the key information, upload any relevant documents and hit submit. The request is routed to a triage team and a record with the request information is created. An intake process including required data fields ensures that the relevant information is collected upfront, avoiding the back and forth between legal and business requestors that can slow cycle times.

Want to continue reading?
Become a Free ALM Digital Reader.

Benefits of a Digital Membership:

  • Free access to 3 articles* every 30 days
  • Access to the entire ALM network of websites
  • Unlimited access to the ALM suite of newsletters
  • Build custom alerts on any search topic of your choosing
  • Search by a wide range of topics

*May exclude premium content
Already have an account?

Law Firms Mentioned


Negotiating and Drafting Contract BoilerplateBook

This best-selling book educates lawyers business professionals on the underlying rationale importance of boilerplate language, addressing key legal and business issues...

Get More Information

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.