contract management Archives - InvestCEE

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With this LegalTech blog, we aim to inspire engagement with legal technology tools in a creative and transformative manner. Most of our posts are inspired by project work with our LegalTech Marketplace partners and contain references to their solutions. We share strategic insights to help increase the value of legal services and optimize business processes.

2024-02-29

Roadmap for Legal Operations – In-House Training Course

The Roadmap for Legal Operations is a training course hosted by InvestCEE LegalTech Consultancy and provides in-house lawyers strategic guidance to implementing tech-assisted legal processes. This course is dedicated to corporate legal teams (of all sizes) and highlights best practices particularly in relation to document automation, data management and AI-enabled tools. Register to join the 2-hour online training!
2023-05-20

High-Volume Contracting & Digital Contract Management – Training Course

High-Volume Contracting & Digital Contract Management is a training course hosted by InvestCEE LegalTech Consultancy in collaboration with our LegalTech Marketplace partner Dealsign. In this joint course offering, we provide corporate in-house lawyers practical guidance to optimizing large scale digital contracting projects.
2022-06-17

Digital Contracting: Improving the Pre-Signing Phase (Strategy Paper, Part I)

Complex workstreams like contract management often require a set of viable strategies to improve internal efficiencies in an organization. Working closely with our clients in this professional context, we found that fine-tuning first the pre-signature and then the post-signature phase of contracting helps better manage the overall process. In June 2022, InvestCEE LegalTech Consultancy released Part I of our new strategy paper series dedicated to improving the pre-signing phase of contracting - the full PDF copy can be accessed in this article.
2022-02-04

Fireside Chat with ClauseBase: Opportunities & Pitfalls of Document Automation

Are you confident in your team’s document generation workflows? For many law firms and corporations, the complexity and diversity of legal documents continues to challenge legal and compliance capabilities and processes. Our fireside chat covered best practices to manage opportunities […]
2021-12-16

AI in Legal Services: Handbook

InvestCEE LegalTech Consultancy in collaboration with Hungarian digital law firm SimpLEGAL issued a practical guide on legal AI to showcase how smart legal technology opens up new opportunities for digitizing legal services. Law firms and in-house legal departments often still lack clarity as to the use cases and basic terminology used in the legal AI domain.
2021-10-08

LegalTech Case Study: Digital Contracting

In a recent legaltech implementation project, InvestCEE LegalTech Consultancy and our LegalTech Marketplace vendor Dealsign brought end-to-end digital contract management to a leading player in the CEE region's online food ordering industry. In a multi-disciplinary teamwork that included our client's operational, legal, HR and IT departments, the project focused on shifting from paper-based traditional contracting (with ink-on-paper signatures) to 100% virtual contract management.
2021-06-15

eSign Day Hungary: Digital Signature Conference 2022

Since year 2000, June 30 marks the anniversary of the ESIGN Day in the United States. As eSignature is increasingly part of everyday business life on a global scale, the ESIGN Day is becoming a cause for celebration in various jurisdictions across continents. At InvestCEE we view electronic signatures as a true cornerstone of digital transformation and are delighted to take part in the second eSign Day Conference to be hosted in Hungary in 2022. 
2021-03-16

Experience Interview: Insights on LegalTech Consulting for Law Firms

At the end of 2020, EXE.legal, a Lithuania-based specialized law boutique, and InvestCEE LegalTech Consultancy, a legal innovation advisor, have announced their cooperation agreement on consultancy services aimed at law firms and in-house legal departments with a focus on deploying legal technology solutions. Since then, the collaboration has kicked off with full speed, Dr. Paulius Astromskis, Managing Partner at EXE.legal, and Dr. Orsolya Szabó, CEO of InvestCEE LegalTech Consultancy, shared their take-aways from the past few months.
2021-01-14

From eSigning to Smart Contract Management: 5-Step Plan

Unless carefully planned, all the value added at the contract negotiation and electronic signing stage disappears as soon as the executed contract gets randomly filed. Smart contract management in the post-signature stage is necessary to harness the benefits of contracts in an organization. We’ve condensed our best practice tips in this 5 step plan based on InvestCEE LegalTech Consultancy’s experience with digital contracting processes.
2020-04-14

Data-driven Contract Management: Virtual Live Demo

We are continuing the webinar and online event series to share our legaltech toolkit & know-how with legal and business teams across Central Eastern Europe (CEE). This time, we invite you to discover how our partner platform Aivan.AI champions contract data management by optimizing access to key information in the contract life-cycle. The virtual session takes place on Tuesday, May 5, 11am CET and features a live demo of the Aivan.AI platform.
2020-04-05

How to Activate a Signed Contract (Passive) Database?

We are launching a blogpost series to showcase the contract management and contract data review capabilities of our legal innovation ecosystem. As part of the series, we will demonstrate how our partner platform Aivan.AI responds to certain common issues business teams face in the post-signing phase of contracting. In step 1, we will address one of the most obvious flaws in contract management: once signing occurred, contracts often become passive documents. In this post, we share some valuable insights as to how Aivan.AI helps activate contract databases.
2020-01-17

Getting Started with Contract Lifecycle Management? Pick the Lowest Hanging Fruits!

Managing the contract lifecycle and making the most of contract data is one of the all-time top priorities of corporate legal teams. Improving contract management efficiency is easier with new technologies, yet there's typically a gap between the importance of these challenges and success in solving them. Given there are many contract lifecycle management (CLM) solutions available on the market, it is rather confusing to understand which capabilities really drive the most value. Here's a summary from our partners from Aivan.ai explaining how they differentiate their tool on the legaltech market. 
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