Be an active participant in contract management across the whole contract lifecycle.


Consider the job complete once the contract has been signed and safely tucked away in your contract repository.


Craig Conte of Deloitte Legal provides the best answer in a recent post.  “Studies from World Commerce and Contracting suggest that companies, on average, lose 9.2% of annual contract value through poor management across the whole contract lifecycle. Most of that is in the post-signature area.”

“Post-award support focuses on things like revenue leakage through bad invoicing or change order management which equates to paying for the same thing twice or not holding your partners accountable for what they promised to deliver.”

“This is a great place for legal to enter the fray and go from ‘trusted advisor’ to doer that helps guard and enhance the bottom-line by working with other functions to sort these problems.”

Interested in learning more? Join the convo on LinkedIn!

About the Author

More Articles

About the Author

Leave a Reply

Your email address will not be published. Required fields are marked *

For security, use of Google's reCAPTCHA service is required which is subject to the Google Privacy Policy and Terms of Use.

I agree to these terms.

Related Articles

Most Recent

Follow Contract Nerds

© 2022 Contract Nerds United, LLC. All rights reserved.
The opinions expressed throughout this website are not intended to provide legal advice or create an attorney-client relationship.

Subscribe to our weekly newsletter!
By subscribing to our newsletter, you agree to our Terms of Use and Privacy Policy. We promise not to spam you!
Contract Nerds Logo

Download PDF

[download id='9545']