3-9-08 New Location for Legaltech.com blog. I've moved my blog from
IACCM Americas Conference
Last year I attended the IACCM
Americas conference in New Orleans. I thought it was one of the best
conferences I'd ever attended. Excellent speakers, thought-provoking
discussions, and opportunities to network with people outside my normal
sphere of corporate counsel made it an event I'd recommend to anyone
involved in contracting.
This year I have the opportunity to participate as a discussion leader in
the Academic Symposium.
We'll be exploring whether current approaches to academic training (both
legal and procurement) result in more confrontational and less productive
Although the IACCM is not primarily an
association for attorneys, Tim Cummins and the IACCM have recently been
taking a leadership role in discussions about the legal profession.
IACCM Americas April 7-9 -
Highly recommended event.
Sun GC's Updated Reebok Rules
Will Social Networking Work for In-House Lawyers?
Enterprise Contract Management
My latest crusade is to convince in-house departments of
the value of enterprise contract management systems ("ECM," aka contract
lifecycle management). ECM systems handle the entire lifecycle of a
company's contracts and can be integrated into other systems such as ERP
suites. For any corporation that deals with any volume of contracts, an ECM
system will probably pay for itself within the first year. Corporate
procurement departments have led the way in this area, and I think more
corporate legal departments should jump on the ECM bandwagon.
ECM handles the typical legal side of contracts (e.g.,
contract creation and negotiation), but goes well beyond that to touch any
other department in the company that deals with contracts. I don't know of
any other legal technology investment that's likely to provide the same kind
of payback. For more information, go to