Why Chaos in Contract Management is Costing You Big Time
Picture this: you’re sitting in a board meeting when someone asks, “What’s the renewal date on our biggest vendor contract?” Cue the awkward silence. Yep, it’s happened to the best of us.
Without a clear system, managing contracts turns into a time sink (and a stress generator). Studies show that teams without centralized tools spend up to 30% more time searching for documents. And let’s not even get started on the potential compliance risks when deadlines slip through the cracks.
Why Legal Teams Need to Crawl Before They Walk or Run in Contract Management
Let’s face it: managing contracts can feel like trying to organize a closet that’s exploded across your living room. Contracts get lost, deadlines are missed, obligations are forgotten—you know the chaos. But good news: there’s a better way. The “Crawl > Walk > Run” roadmap takes all that legal chaos, reigns it in, and sets you on a path from basic order and organization, to full-on super-team efficiency.
Sound too good to be true? Stick with us. In this blog, we’re focusing on the first phase—the “Crawl” phase—where your legal team can lay its foundation and take the first step toward better contract management. No intimidating overhaul required. Just smart, practical advice to turn your contract clutter into clear, searchable excellence.
