Data-Driven Contracting
Data-Driven Contracting involves utilizing data and analytics to inform and optimize the contract management process. It includes leveraging insights from past contracts to enhance drafting, negotiation, and decision-making.
Deal Acceleration
The process of expediting the various stages of a deal or contract negotiation to reduce the overall time it takes to reach an agreement. The goal is to streamline and accelerate the entire contract lifecycle, from the initial stages of negotiation to the finalization and execution of the contract.
Digital Contract
A digital contract, also known as an electronic contract or e-contract, refers to a contract created, signed, and stored in digital form rather than traditional paper-based formats. Digital contracts leverage electronic means for their creation, execution, and storage, often using electronic signature technologies and digital platforms. This approach aims to streamline and enhance the efficiency of the contract lifecycle management process.
Dispute Resolution
Specifies the process for resolving disputes between the parties, whether through arbitration, mediation, or other means.
DocMaster
The DocMaster plugin from Malbek, or a similar Word plugin in other CLM systems, typically offers features that streamline and optimize the contract creation, editing, and collaboration processes directly within Microsoft Word.
DocuSign
DocuSign is an electronic signature solution commonly integrated into CLM platforms. It allows parties to sign contracts digitally, streamlining the signature and approval processes in a secure and legally compliant manner.
Due Diligence
Due Dilligence is a thorough investigation and assessment of contracts, financials, and legal aspects during mergers, acquisitions, or other business transactions. It ensures that risks and liabilities are identified and mitigated.
Duration and Termination
Specifies the start and end dates of the contract. It also outlines conditions and procedures for terminating the contract, including any notice periods or penalties for early termination.