The Transformative Role of Lawyers in

the Contract Management Process Successful commerce starts with a successful contract

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.

Agenda

The traditional role of lawyers in business

What do your business clients need?

Transformative tips for lawyers in business

Technology transformation

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

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

Assess wider economic consequences of contracts

Become trusted business advisors

Technology Transformation

Leverage volume of annual spend

Global visibility to Supplier relationships

Reporting & Search

capabilities

Reduce Interaction with Legal

Reduce Contracting cycle time

Questions?