Consulting firms give companies an objective perspective from a different angle. They can point out the issues that small and large companies can’t see for themselves. You may be wondering, when is the right time to pursue a consulting firm, why would consultants benefit me...
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Contract management is like running a marathon. You have to conserve energy throughout the race and put forth one last burst of energy to cross the finish line. In contract management, the finish line is known as a contract closeout. The contract closeout process is...
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When a business manages contracts carefully throughout their duration, there are fewer opportunities for neglected requirements, misinterpreted communications, and other potential problems later down the road—especially when it comes to contract closeout. Your team can simplify the process of contract management with thorough contract drafting...
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Contract management is complicated, to say the least. Considering the number of steps and stakeholders involved, it’s no surprise that legal professionals often overstep due dates. In fact, the slow speed of companies’ legal departments adds 6.5 days on average to a company’s launch of...
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As every businessperson knows, well-crafted and managed contracts are critical for any organization. Contracts management problems can lead to lost revenue and dissatisfied business partners. In fact, a recent McKinsey study found that “suboptimal contract terms and conditions combined with a lack of effective contract...
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There is little doubt that virtual reality (VR) and augmented reality (AR) are beginning to make inroads into many industries and applications from gaming to surgery. As these technologies continue to advance over the next several years, consumers should expect to see them increasingly integrated...
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Live events have historically been a huge part of the music, sports, and performance art industries, with promoters and managers constantly looking for new ways to attract and engage live audiences paying high ticket prices to enjoy an event. However, key live event attendance, especially...
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Between hardware announcements, case studies, and PR buzz, it can be hard to understand exactly what is going in the worlds of virtual reality (VR) and augmented reality (AR) and which technology you should be paying the most attention to. Here’s a quick rundown of...
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As any business owner knows, organizations live and die by the contracts they sign, whether they be to purchase SaaS products or to define labor agreements. With all the contracts that pass through organizations in any given month, some mistakes are inevitable. However, many...
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It’s no secret that attention spans have been getting ever shorter as consumers have become constantly bombarded by content on all sides. In fact, in 2015 Microsoft published a study showing that average attention spans had dropped to just eight seconds. The simple fact is...
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