Contract Automation & Standardization
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What you'll learn
The Importance of Balanced Contracts
Balanced contracts are vital for maintaining operational efficiency and ensuring that business activities are closely aligned with strategic goals. Learn what makes a good balanced contract and why this is the keystone to automation.
Why Contract Automation Projects Fail
There are common pitfalls when implementing a contract automation project, which are easily avoided when you know what to look out for and how to plan ahead.
How to Successfully Implement Contract Automation
Avoid the common pitfalls and ensure you have these key success indicators baked into your contract automation project. From getting stakeholder buy-in to using appropriate technology, these strategies are key to a successful implementation.
Contract Automation & Standardization Guide
About the Authors
Preston Clark is CEO and co-founder of SimpleDocs, a software platform designed to automate routine business contracts – saving time for in-house lawyers and accelerating deals for sales teams. Preston is also the co-founder of Law Insider, the world’s largest contract and clause database. With over 15-years of experience at the intersection of software and legal operations, Preston brings a unique perspective to legaltech.
Before becoming an entrepreneur, Preston served in leadership roles with several VC backed start-ups, and he also served as Assistant General Counsel for the University of Miami.
Electra Japonas is the Founder and CEO of TLB, a Legal Optimisation company that works with in-house legal teams to streamline the way they work with best-in-class legal operations and technology support. Electra is also the co-founder of oneNDA, an open source initiative to standardise the NDA template, globally. With a deep passion for legal innovation, Electra's vision is to empower organisations of all sizes with smarter, more effective approaches to the way their legal teams work.
Before establishing TLB, Electra honed her skills and knowledge over a decade in prominent organisations, including the European Space Agency, Disney, BAT, and EY, where she played pivotal roles in commercial legal and data protection.