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08. Optimizing CLM Development and Implementation through Participating in CLOC with Spencer Ellsworth

08. Optimizing CLM Development and Implementation through Participating in CLOC with Spencer Ellsworth

FromThe CLM Rx


08. Optimizing CLM Development and Implementation through Participating in CLOC with Spencer Ellsworth

FromThe CLM Rx

ratings:
Length:
55 minutes
Released:
Jun 9, 2023
Format:
Podcast episode

Description

Spencer Ellsworth joins Kami Paulsen on this jam packed episode.  “Do use it as an opportunity to kind of network with the vendors and get a chance to talk to them and get onto their radar as somebody who is looking for that legal technology. But I think that to the point about networking, like network with other people, go to the sessions that are actually being held on CLM. And hear those out because even though those are oftentimes being hosted by a specific vendor and the panelists that they've brought on board. There's something beneficial, like they've, especially in recent years like CLOC has intentionally tried to not be an opportunity for vendors to sales pitch during great sessions." ~Spencer Ellsworth You’ll learn more about: The role of business analysts in CLM implementations, highlighting the importance of collecting requirements and documenting processes. The hype around AI in CLM and the real benefits of AI in CLM could be seen in predictive negotiations and redlining. The implementation of CLM AI is expected to simplify the integration process and make automation more accessible and cost-effective by removing barriers and reducing the need for coding and custom connections. The collaboration between the customer and the partner. The partner can offer recommendations based on their experience, but the customer's input and validation are crucial in defining the requirements and ensuring the CLM system meets their specific needs. Attending legal conferences like CLOC can provide valuable insights and knowledge for both ongoing CLM implementations and organizations with existing CLM systems. For more great lessons from the field, and all the CLM content, connect with us here:  Website: https://www.theclmrx.com The CLM Rx Book: https://a.co/d/8XA2xYC IG: @the_clmrx The CLM Rx LinkedIn: https://www.linkedin.com/company/the-clm-rx/ Kami Paulsen LinkedIn: https://www.linkedin.com/in/kamipaulsen/ YouTube: https://www.youtube.com/@theclmrx   If you implement Contract Lifecycle Management Software ("CLM"), have purchased CLM, are considering purchasing CLM, or expanding your existing CLM footprint, this channel is for you! Kami speaks to CLM practitioners, CLM Vendors, and visionaries on the most pressing topics in the space. She shares practical advice based on her 15 years implementing various CLM software tools for organizations of all sizes, in every vertical. 
Released:
Jun 9, 2023
Format:
Podcast episode

Titles in the series (10)

If you implement CLM, have purchased CLM, are considering purchasing CLM, or expanding your existing CLM footprint, this podcast is for you! Kami speaks to CLM practitioners, CLM Vendors, and visionaries on the most pressing topics in the space.