Some ideas that could help
Banyan is a learn-it-all company. We’re constantly thinking about the industry and clients we serve. Here are a few ideas and resources that might help.
Black Swan Third Party Risk: How to Master the Unpredictable
Black Swan Third Party Risk: How to Master the Unpredictable In our ever-evolving world, increasingly volatile markets, businesses, and geopolitical environments make black swan events more likely each day. Companies must become prepared for any and all potential risk scenarios, particularly when it comes to third-party relations. It is essential for organizations to secure their…
Unlock Your Team’s Full Potential: 7 Steps to Mastering Legal Collaboration
Unlock Your Team’s Full Potential: 7 Steps to Mastering Legal Collaboration Legal collaboration is an art form, merging efficiency and risk management to streamline a team’s workflow and maximize their performance. Whether your team is small or large, mastering the seven key components of legal matter management will help you create an efficient, secure way…
Adopting AI to support the Legal Function
Adopting AI to support the Legal Function Artificial intelligence being implemented in many areas of the legal industry, such as contract review, document automation, due diligence, and even eDiscovery. To ensure you are making the right investment, it is important to understand the reasons for investing in a legal AI tool and the capabilities or…
Icertis AI Copilots: The Future of Enterprise Contracting Innovation
Icertis AI Copilots: The Future of Enterprise Contracting Innovation Managing and understanding contracts is a major challenge for even the most well-run businesses. Icertis is ushering in a new era of enterprise contracting with its AI-driven Copilots, transforming the way contracts are managed by large corporations. Icertis Copilots provide a host of benefits ranging from…
Legal AI Adoption: Relying on AI-Powered Computational Methods
Legal AI Adoption: Relying on AI-Powered Computational Methods In-house leaders across multiple industries are increasingly looking to artificial intelligence (AI) and related technologies to make great gains in organizational efficiency. To stay ahead of the curve, it is important for CLOs to remain educated on the technology, develop appropriate policies, understand the relevant regulations, and…
The Benefits of Having a CLMS Deal Desk in Your Enterprise
The Benefits of Having a CLMS Deal Desk in Your Enterprise Having a deal desk in an enterprise is no longer just a luxury, it’s a necessity. A deal desk is a backbone for the sales process, connecting various stakeholders and ensuring an efficient and cost-effective approach. When implemented properly, it helps improve customer satisfaction…
Benefits of Creating a Contract Operations Role
Benefits of Creating a Contract Operations Role Having a dedicated Contract Ops role can have a range of benefits to any business. Constant monitoring of contracts helps to improve risk management, enhancing contract value, and increasing contract management efficiency. A centralized point of contact for all contracts ensures that everyone is on the same page,…
Understanding CLM Benefits
Understanding CLM Benefits The importance of a contract renewal management system is paramount for businesses of all sizes. From increasing visibility into the lifetime of a contract, to lowering costs and helping businesses stay legally safe, contract lifecycle management (CLM) software provides immense benefits for organizations looking to streamline their contract processes. What Is CLM…
Why Change Management is Key for Successful Legal Operations
Why Change Management is Key for Successful Legal Operations Legal operations professionals are increasingly becoming the driving force behind important initiatives that introduce new processes, technologies, and changes. Asking the right questions before strategizing is key to ensuring successful change management and gaining organizational-wide buy-in. To help legal ops teams better achieve their goals, we…
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