Walchet Talks
At Walchet Talks, we chat with legal tech professionals across the globe to hear their insights and analysis on the latest trends in legal tech, their journey as legal technologists and their views on the future of legal tech. Essentially, tune in for all things legal tech.
Walchet Talks
Lucy Bassli | CLM Demystified
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Priyadarshini Shetty
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Episode 9
In this episode we chat with Lucy Bassli, Founder and Principal at the Innolaw Group about Contract Lifecycle Management (CLM) systems. We discuss some of the fundamental concepts of a CLM system, what it includes, where to start, how to select a vendor and tips on improving adoption of the system. The points we discuss in this episode along with the corresponding time stamps are set out below:
- Introduction (0:08)
- What does a CLM system include? (1:45)
- Tips for Starting a CLM System (5:55)
- Focus Areas and Integrations in a CLM system (9:12)
- Selecting a vendor (14:33)
- Migration of Existing Contracts (20:14)
- Adoption strategies for Multiple Stakeholders (24:22)