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Creating and Managing Contract Playbooks: Development, Implementation, Maintenance, Leveraging Technology

A live 90-minute CLE video webinar with interactive Q&A

This program is included with the Strafford CLE Pass. Click for more information.
This program is included with the Strafford All-Access Pass. Click for more information.

Tuesday, January 28, 2025

1:00pm-2:30pm EST, 10:00am-11:30am PST

Early Registration Discount Deadline, Friday, January 3, 2025

or call 1-800-926-7926

This CLE course will provide in-house counsel with comprehensive insights into creating and managing contract playbooks. The panel will discuss the essential components of an effective contract playbook, strategies for implementation, and best practices for maintaining and updating these playbooks to ensure consistency and compliance across the organization.

Description

Contract playbooks are invaluable tools for legal departments, providing standardized guidelines and templates to streamline the contract drafting and negotiation process. These playbooks help ensure that all contracts adhere to the organization's policies and legal standards, reducing the risk of errors and inconsistencies.

Creating a contract playbook involves collaboration with various departments, including sales, procurement, and compliance, to develop standardized clauses and fallback positions. Once established, these playbooks must be regularly updated to reflect changes in laws, regulations, and company policies.

This webinar will explore the key elements of a successful contract playbook, including the development of standard clauses, the integration of technology for efficient management, and strategies for training staff on the use of the playbook. Our expert panel will also discuss common challenges and solutions in maintaining and updating contract playbooks.

Listen as our panel equips legal professionals with the knowledge and tools needed to create, implement, and maintain effective contract playbooks, ensuring consistency and compliance in contract management. Join us to learn from industry experts and enhance your contract management practices.

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Outline

  1. Overview: importance of contract playbooks
    1. Benefits and utility
    2. Key elements
    3. Role of legal department
  2. Developing a contract playbook
  3. Implementing the playbook
  4. Maintaining and updating the playbook
  5. Leveraging technology
  6. Common challenges and solutions

Benefits

The panel will review these and other key issues:

  • What are the essential components of an effective contract playbook, and how can they streamline the contract drafting and negotiation process?
  • How can legal departments collaborate with other stakeholders to develop standardized clauses and fallback positions?
  • What strategies can be employed to ensure successful implementation and user adoption of the contract playbook across the organization?
  • How can regular updates and maintenance of the playbook ensure compliance with evolving laws and company policies?
  • What technological tools and software can enhance the management and accessibility of contract playbooks?
  • How can legal professionals address common challenges and resistance to change when introducing a contract playbook?
  • What are best practices to mitigate risks and ensure consistency in contract management?

Faculty

Bassli, Lucy
Lucy Bassli

Attorney, Founder and Principal
InnoLaw Group

Ms. Bassli is an attorney, author of CLM Simplified and The Simple Guide to Legal Innovation, and...  |  Read More

Jummati, Mary
Mary M. Jummati

Managing Director
Morae Global

Ms. Jummati has more than 25 years of experience in strategic planning, leadership, project and program management,...  |  Read More

Attend on January 28

Early Discount (through 01/03/25)

Cannot Attend January 28?

Early Discount (through 01/03/25)

You may pre-order a recording to listen at your convenience. Recordings are available 48 hours after the webinar. Strafford will process CLE credit for one person on each recording. All formats include course handouts.

To find out which recorded format will provide the best CLE option, select your state:

CLE On-Demand Video