Myth: CLM Belongs to Legal

Contractss are technically legal documents. So, Contract transformation should be owned and driven by legal department. Why should the other departments be a part of it? I yeah. Allah, I wanna hear your thoughts on this. Well, so contracts define relationships, and those relationships belong to the business in its entirety. Whether we're buying, whether we're selling, whether we're hiring, and every other type of contractual obligation in between Even though it is a legal document, it impacts more than just the legal team. In fact, I'm having a lot of conversations with four store clients recently, especially around the impacts to security and risk teams. So the the teams that negotiate the contract, whether that's procurement and legal, are very often not the teams that then have to service that contract later on during its period. We're seeing that those roles that are involved in the contract management process. Whether they are direct contributors or maybe they're just beneficiaries of that data and that intelligence and that information. Has become much more broad because organizationally we're starting to break down those functional silos and understand how the impact of our legal obligations and our financial commitments will also impact every area of the business. So,