Contract Management: Everything You Need to Know to Master the Process

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30 Jan,2024

According to the National Contract Management Association, Virginia, “Contract Management is the process of managing contracts, deliverables, deadlines, contract terms and conditions while ensuring customer satisfaction. Public and private organizations know that purchasing does not end when the contract is awarded.” The contract management process, therefore, goes beyond the awarding [...]

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Common Law Firm Management Mistakes and Ways to Avoid Them

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19 Jan,2024
law firm management mistakes

A paper published on Managing Risk: The Importance of Management in the Law Office in Wisbar.org, laid down categorically, “…It is the function of management to release more time for important matters and to enable the lawyer to conserve his brain energy and concentrate his highest legal attainments upon the [...]

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All about Types of Contracts and Contract Management

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15 Dec,2023
Types of Contracts

“A contract is an agreement between parties, creating mutual obligations that are enforceable by law. The basic elements required for the agreement to be a legally enforceable contract are mutual assent, expressed by a valid offer and acceptance; adequate consideration; capacity; and legality. In some states, elements of consideration can [...]

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Digital Transformation – The Way Forward for Law Firms

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27 Nov,2023
Digital Transformation in Law Firms

Digital transformation in law firms is the dictate of our times. These tools have pervaded every aspect of business in today’s world, and hence, no business has the option to say no to digital transformation anymore. This includes law firms. No law firm can function efficiently and successfully without the [...]

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Hiring a Virtual Paralegal: Weighing the Pros and Cons

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24 Nov,2023
Virtual Paralegal

The legal industry is witnessing a significant shift in how legal support services are delivered. For instance, there is a growing trend towards hiring virtual paralegals. Remote legal professionals offer cost-effective, flexible, and specialized alternatives to traditional in-house paralegals. According to the U.S. Bureau of Labor Statistics, employment of paralegals [...]

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