Contract Lifecycle Management
We optimize your high-volume contracts with efficient contract lifecycle management
Tired of dealing with routine contract terms and conditions? Let Hobberman’s expert team take over your contract lifecycle management (CLM), allowing you to focus on core business activities. We automate and digitalize contract workflows at every stage, enhancing collaboration and efficiency. Our CLM solutions cover everything from intake, review, and drafting to negotiation, signature, storage, and post-execution management. By streamlining key stages such as initiation, approval, and renewal, we reduce repetitive tasks and cut costs by up to 30%.
Our team efficiently manages high-volume contracts, freeing internal resources while minimizing complexity and risk. With a data-driven, tech-enabled approach, we ensure better business decisions, cost control, and reduced risk—helping you overcome challenges like dispersed teams, fragmented databases, and varied stakeholder needs. Our goal is to provide a seamless, scalable solution that aligns with your long-term business objectives, driving operational efficiency and sustainable growth.
Why Choose Our Contract Management Services?
Poorly drafted contracts can lead to costly errors and reputational risks, forcing businesses to spend time and money on corrections. Effective contract management, however, can deliver significant savings across the supply chain, allowing your team to focus on strategic growth activities. By centralizing and automating contract management, productivity is boosted, and consistency is maintained. Our contract management solutions help improve efficiency, streamline negotiations, reduce and manage risks, enhance compliance, accelerate deal closures, and support better decision-making with accurate data. We also offer self-service options where appropriate, reducing overall costs and enhancing operational effectiveness.
Our Approach to Contract Management Solutions
Our specialists evaluate your current Contract Lifecycle Management (CLM) processes and business needs using a comprehensive maturity assessment model. This model helps us analyze your contract workflows, identify recognized issues, and benchmark them against industry best practices. By pinpointing areas for improvement, we create tailored roadmaps that accelerate implementation and encourage greater adoption of CLM practices.
Standardized Templates & Clause Libraries
Decentralized contracts and excess templates raise risks. We simplify and standardize templates, creating clause libraries for consistent, automated contract generation. Our expertise improves clauses, reduces negotiation friction, and enhances risk management.
Guides & Workflow Documentation
To tackle the challenges of contract negotiation, we have developed our in-house process suited to various levels of complexity. These guides clarify contract terms, outline fallback positions, and set escalation protocols. We also assist clients in refining workflows to promote a more efficient and collaborative negotiation strategy throughout their organization.
Technology
Once processes are optimized, we suggest improvements using either your current technology or new tools. Our team assists with everything from matter intake to eSignatures and obligation management, ensuring successful implementation and maximum ROI while coordinating with your tech partner.
Contract Creation, Review & Negotiation
Our commercial team excels in drafting, reviewing, and negotiating contracts, from NDAs to Master Services Agreements. We use specialized tools, templates, and playbooks to ensure top-quality service and maintain strong relationships with your customers and suppliers.
Due Diligence Review
Our Managed Services offer expert teams of attorneys and due diligence specialists to remediate contracts and files. We handle due diligence for mergers and spin-offs, providing tailored programs that enhance deal efficiency, insight, and cost-effectiveness.
