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…

Remember the days of printing off documents in duplicate or triplicate, tagging the documents with little sticky notes, arranging a signing meeting, and then sitting around while all the parties signed their name in the right place?

In-house legal teams face daily pressures to manage risk, streamline operations, and deliver stellar results—all while navigating a fast-moving world. Yet, for too long, many legal departments have relied on disjointed, siloed tools that hinder rather than help. The future demands more, and it’s already here: unified platforms are transforming the way legal teams work…

This month, Xakia CEO Jodie Baker muses on the state of contract management — why so many contract management projects fail and what can be done to fix the challenges. 

Introducing our monthly blog from Xakia CEO Jodie Baker, with her stream-of-consciousness thoughts – and insights – on today’s in-house legal market.

Introspection for its own sake is rarely useful, and the same is true for a Legal Department reflecting on its year. Once you have a clear understanding of WHY you should run end-of-year reports you can turn to WHATto include in those reports. 
End-of-year Legal Department reports need not run the length of a short…

At the end of the year – calendar, financial or both – it is important to take stock of the work done by your Legal Department, to fully understand and evaluate performance and to identify opportunities for the future.
Why?