Document review
Legal research memos
Deposition preparation
Contract analysis
Automated contract revision
Critical document identification
Key information extraction
Thorough deposition outlines
Screens, RazorSign, AXDRAFT Contract Management System, docu.review, SpeedLegal, Outlit, Conslate, Dropbox Sign, ApaceForms, Legal Graph are the best paid / free Contract Management tools.
Contract management is the process of managing contracts, from initiation through execution and post-execution. It involves creating, negotiating, approving, signing, and analyzing contracts to maximize operational and financial performance, minimize risk, and ensure compliance with legal and regulatory requirements.
Core Features
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Price
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How to use
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Casetext | Document review | To use CoCounsel, legal professionals can sign up for a free trial on the Casetext website. Once registered, they can access and utilize CoCounsel's features by entering specific issues or questions related to their legal cases or documents. CoCounsel will then generate comprehensive answers with supporting sources in a matter of minutes. Users can also upload contracts or documents for CoCounsel to review and provide insights on relevant clauses, conflicts, and risks. | |
Dropbox Sign | Sign documents online | To use Dropbox Sign, simply create an account and start preparing, sending, signing, and tracking your agreements effortlessly. | |
GVA NDAチェック | AI-powered NDA check | Upload your NDA document in Word or PDF format and our AI system, developed with the expertise of lawyers, will visualize the risks and suggest modifications for each clause, providing examples based on different positions such as 'In favor of the company' and 'Mutually beneficial'. You can then modify the clauses based on the results of the GVA NDA check. | |
Filevine | Case Management: Easily manage cases, matters, investigations, and projects within one platform. | To use Filevine, start by signing up for a demo and getting familiar with the platform. Once you have access, you can create cases, manage tasks, collaborate on documents, track leads, manage contracts, generate reports, and automate various legal processes. Filevine provides a user-friendly interface and offers integrations with other tools to enhance productivity. | |
Spellbook - AI Contract Drafting & Review | Instantly suggest language for contracts based on contextual analysis | To use Spellbook, legal professionals can sign up for early access on the website. Once onboarded, users can integrate Spellbook into Microsoft Word. They can then open their contracts in Word and utilize Spellbook's AI capabilities to suggest language, draft new clauses, detect aggressive terms, identify missing clauses and definitions, provide negotiation suggestions, and automatically detect pressing issues in data rooms (coming soon). | |
Pitch N Hire | Job Pipelines | To use Pitch N Hire, first sign up for an account on the website. Once logged in, you can create and track job openings, manage candidate applications, conduct interviews and assessments, and make confident selections. The software also offers features such as background checks, permanent and contract staffing services, and integration with job boards. | |
Robin AI | Draft contracts in minutes | Fly through your contracts with Robin AI | |
BetterLegal | The core features of BetterLegal include: | To use BetterLegal, simply visit their website and provide the necessary information about your business. Select the State in which you want to establish your LLC or Corporation. Pay the required fees, and BetterLegal will take care of the rest, ensuring your business is set up properly and legally. | |
Luminance | AI-driven contract generation and negotiation |
Basic $99/month Includes basic contract generation and negotiation features
| Luminance uses AI to automate contract generation, negotiation, and analysis. It also offers a chatbot for legal Q&A and automated redrafting, as well as business-wide contract automation. |
Ellow | Connecting businesses with top freelance developers | To use Ellow, businesses can register as a hirer on the platform, create a job opening with detailed requirements, review pre-vetted matches provided by Ellow, and select and contract the right candidate. Freelance developers can register as talent, update their profiles with experience and skills, attend an evaluation process, and be among the top candidates for job openings. |
Procurement: Manage vendor contracts, RFPs, and purchase orders.
Sales: Accelerate sales cycles with automated contract workflows.
Legal: Ensure compliance, minimize risk, and streamline contract review.
HR: Manage employment agreements, NDAs, and contractor arrangements.
Real estate: Handle leases, rental agreements and property contracts.
Users generally praise contract management software for its ability to streamline workflows, increase efficiency, and provide greater visibility. They appreciate features like template libraries, e-signature, and automated alerts. Some common criticisms include the learning curve for complex systems, the need for more customization options, and challenges with integrating with legacy systems. However, most agree that the benefits outweigh the drawbacks and that contract management is an essential tool for modern businesses.
A procurement manager creates a new contract request, routes it for approval, and tracks its status.
A sales rep pulls up a contract template, customizes it, and sends it to the client for e-signature.
A finance analyst searches for all contracts with a specific vendor and analyzes spend and performance.
A legal admin sets up automatic alerts for contracts nearing expiration and renews or amends as needed.
To implement contract management: 1) Assess current processes and identify pain points. 2) Define contract management policies and KPIs. 3) Select and implement a contract management software solution. 4) Migrate existing contracts into the system. 5) Train users on the software. 6) Monitor adoption, performance, and ROI. 7) Continuously improve processes based on data and feedback.
Increased efficiency and productivity
Improved contract accuracy and standardization
Better collaboration and negotiation
Faster approvals and signatures
Reduced risk and improved compliance
Greater visibility into contract performance
Improved decision making and strategic alignment