1.4 Legal tech: contract automation, and contract lifecycle management

Legal tech and innovation. Innovation has arrived in the legal sector. Contracting processes have been automated or at least can be supported by IT solutions. The range of innovative (‘legal tech’) solutions captures the entire lifecycle of contracting, starting with contract automation and leading to contract lifecycle management (CMS or CLM).

In this section:

(a) Contract automation (automated contract creation).

(b) Legal tech and contract negotiations.

(c) Contract lifecycle management (CMS / CLM).