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Legal Contract Management Services

oboloo Glossary

Legal Contract Management Services

Legal Contract Management Services (LCMS) is a process that helps organizations manage the legal agreements they have with each other. From the initial drafting and review of contracts to their negotiation, execution, and post-execution enforcement, it’s an integral part of any business relationship. With LCMS, businesses can ensure that every document is compliant, enforceable, and up to date. It provides greater visibility into contracting activities as well as automated reminders for important deadlines and renewals. In short, LCMS makes contract management easier, more reliable, and more efficient.

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