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artificiallawyer·Artificial Lawyer·· 2 min read

Workday Survey Reveals Contract Chaos Persists Despite AI Promises

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TL;DR

Despite AI promises, corporate culture still hinders effective contract management.

A recent Workday survey of 7,000 lawyers and enterprise staff found that contract management remains a mess, with only 37% of in-house lawyers taking responsibility for post-signature management. Meanwhile, over half lack a centralized contract system. The real story? Corporate culture still dominates AI's potential benefits.

Workday Survey Reveals Contract Chaos Persists Despite AI Promises — ContentBuffer article

Key Takeaways

  • •Verify ownership: Ensure clear responsibility for contract management within your organization
  • •Implement a centralized system: Move away from personal hard drives and email inboxes to track contracts
  • •Human engagement matters: Foster organizational structures that support AI-driven contract management
aicontract-managementworkday

Originally published by artificiallawyer on Artificial Lawyer. Summarized by ContentBuffer.

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