the transformative role of lawyers in the contract ......the transformative role of lawyers in the...
TRANSCRIPT
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The Transformative Role of Lawyers in
the Contract Management Process Successful commerce starts with a successful contract
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Speaker Introduction
Tim Cummins
CEO, IACCM Tim works with organizations to support understanding of the role that procurement, contracting and relationship management play in business performance and public policy.
Jane Edwards
Privacy Counsel, IBM Provides support to the IBM Chief Privacy Officer and her team. In addition, she provides legal support to a wide variety of other corporate clients on privacy and non-privacy matters, including Marketing and Communications, the CIO’s office, Corporate Citizenship and Community Affairs and the Procurement organization.
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Agenda
The traditional role of lawyers in business
What do your business clients need?
Transformative tips for lawyers in business
Technology transformation
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The Traditional Role of Lawyers in Business
Specialists in law
Advise on legal issues
Drive corporate compliance to
regulation
Mitigate legal risk
Represent corporation in
litigation
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What do your internal business clients need?
What is the risk associated with accepting the term as drafted?
How do I clearly draft deliverables for my contracts?
How will this impact my bottom line?
Help me understand my contracts.
How does this help or hurt my business?
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Craft a holistic view of the business
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Assess wider economic consequences of contracts
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Become trusted business advisors
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Technology Transformation
Leverage volume of annual spend
Global visibility to Supplier relationships
Reporting & Search
capabilities
Reduce Interaction with Legal
Reduce Contracting cycle time
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Questions?