Contract Management
LWM Avocats assists SMEs in setting up a contract management IT system tailored to their needs.
In response to increasing legal risks and the growing complexity of commercial relationships, the firm offers a pragmatic approach focused on auditing contractual practices, defining essential processes and deploying a simple and secure digital tool.
This service is primarily aimed at senior management, CFOs, legal departments and purchasing departments in SMEs seeking to secure their contracts and optimize contract management.
Our approach aims to improve data processing for a better overview of legal issues and to make the legal department a key strategic player in a company’s development. Data structuring gives management real-time visibility of contractual commitments, improving the company’s financial performance and risk management.
Our team uses a proven, results-oriented method based on listening, advice and operational support.
Areas of practice
- Analysis of existing contracts (types, volumes, risks, sensitive clauses)
- Identification of current approval and signature processes
- Assessment of monitoring and archiving practices
- Diagnosis of contractual risks (unbalanced clauses, lack of monitoring of deadlines, etc.)
- Development of a clear contractual workflow (from initial request to archiving)
- Definition of roles and responsibilities of internal teams (CFO, legal, purchasing, sales)
- Creation of pre-approved contract templates (customer contract, supplier contract, NDA, T&Cs, etc.)
- Implementation of a centralized contract register
- Support in selecting a Contract Lifecycle Management (CLM) tool suited to company size
- Configuration of the tool and integration with existing systems (ERP, CRM, etc.)
- Training of internal users
- Definition of contract KPIs: number of active contracts, time to signature, expiring contracts, alerts on contractual obligations
- Automated reminders and renewal alerts
- Facilitation of awareness and training workshops
- Drafting a contract procedures manual
- Hands-on support in initial cases to ensure teams gain the necessary skills
- Identification of high-risk or critical clauses (penalties, termination, confidentiality, intellectual property, etc.)
- Recommendations to strengthen the legal security of contracts
- Implementation of an escalation procedure in the event of contractual non-compliance
