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How To Improve Contract Management Process - Best Practices
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Andrew
Sequoia Legal
Contract management means overseeing every aspect of a contract, from conception to execution and all the way to renewal. Best practices are used to ensure quality at every stage, which leads to better-managed contracts and the ability to predict and mitigate contract risk.
As you know, contracts form binding agreements and establish duties that parties must execute. As such, a business that does not know how to manage contracts successfully risks finding itself in breach of contract or winding up in a disadvantaged position.
Lopez, A. 2022, How To Improve Contract Management Process - Best Practices.
Tags: Commercial And Corporate Law,