Rising Tide Blog

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Embracing Transformation: A Swiftwater Guide to User Adoption and Change Management

Introduction In the rapidly changing landscape of global projects, success hinges on far more than technological innovation alone. A significant factor is achieving high user adoption rates and managing change effectively. Despite detailed planning, many projects fail to reach their desired adoption levels. The Standish Group’s Chaos Report points out that about 64% of software […]
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Rethinking Career Progression: Climbing a Cargo Net Instead of a Ladder

Introduction Traditional career imagery often conjures the idea of a ladder—a linear, predictable path to a clearly defined summit. Yet, as we move deeper into an era dominated by artificial intelligence (AI) and rapid technological changes, this metaphor no longer holds true. Instead, envisioning career progression as climbing a cargo net provides a more accurate […]
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How to Draft a Statement of Work (SOW) for Professional Services Contracts?

A Statement of Work (SOW) is a key document in professional service contracts, serving the detailed blueprints that define project scope, deliverables, and expectations. Creating a well-crafted SOW is key to ensuring successful project execution and mitigating risks. It provides clarity and alignment between clients and service providers, setting clear expectations for project outcomes, timelines, […]
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What are Non-Disclosure Agreements (NDAs) and How to Automate Them?

Non-Disclosure Agreements (NDAs) are important confidentiality agreements used every day in the business landscape. They serve as the most used contract in daily business operations. Businesses must create them regularly, request review and keep track of these important documents. Traditional approaches to managing NDAs often involve manual processes, presenting significant challenges in terms of efficiency, […]
Clause Libraries, Contract Templates, and Contrack Playbooks

What Are Clause Libraries, Contract Templates, And Contract Playbooks?

Contracts are business documents that every C-level leader in your company has on their mind. The Chief Revenue Officer seeks to secure a win-win deal with every client. The CFO and Chief Risk Officers are concerned about the risk and covenants they need to manage. The Chief Procurement Officer is aiming to secure a performing […]
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Why Automate Master Service Agreements Using Contract Lifecycle Management System?

Master Service Agreements (MSAs) are the lifeblood of business. They are critical documents that entities use to govern business and legal relationships. Drafting an MSA is a complicated and drawn-out process. It involves input from representatives of multiple entities and business functions. It requires compliance and legal checks to be completed before execution. Many MSAs […]
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How Legacy Contract Migration Drives Business Optimization And Compliance?

Welcome to the world of legacy contract migration, where I show you how to uncover the hidden treasures within historical agreements to effective and compliant decision-making in your business. In this guide, I will explore Artificial Intelligence (AI)-powered insights and structured approaches to transform your contract management practices. Legacy contract migration isn’t just about managing […]
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How to Manage Cyber Risk in Legal Using Inherent Risk Frameworks?

In today’s corporate legal landscape, where large departments engage with numerous law firms and legal vendors, managing cybersecurity risks efficiently is paramount. Corporate legal departments interact with a vast network of entities entrusted with sensitive data on behalf of the organization. To address the cybersecurity risks posed by these partnerships effectively, organizations must adopt a […]
Do You Have a Strategy for Assessing Cyber Security Risk For Your Law Firms and Legal Vendors?

How to Assess Cyber Security Risk For Your Law Firms and Legal Vendors?

In the world of legal services, law firms and legal vendors handle a wealth of highly sensitive and confidential information, making them primary targets for cyber-attacks. Any breach could result in significant legal, financial, and reputational repercussions for an organization. (Graphic Source: IBM) In this article, I’ll explore essential considerations for evaluating and mitigating cybersecurity […]
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Combatting Intensifying Cyber Threats to Law Firms

Law firms and legal vendors are entrusted with a vast array of highly confidential and privileged information, making them a prime target for cyber-attacks. The ABA recently reported that 29% of firms surveyed had experienced a breach.  This makes it imperative for client organizations to assess and manage the cyber risk associated with these vendors […]
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Transform Legal Operations: Matter Management within ELM Systems

In the complex landscape of corporate legal operations, managing legal matters efficiently is paramount. Enterprise Legal Management (ELM) systems have emerged as a cornerstone for in-house legal departments aiming to streamline their operations through processes, reduce costs, and enhance productivity. Among the functionalities these systems offer, matter management stands out as a critical component. For this article […]
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Understanding the Benefits of Contract Lifecycle Management

Contract Lifecycle Management (CLM) can have a remarkable impact on a company’s operations. My goal with this article is to shed light on how the benefits of CLM can revolutionize your business processes. We dive deep into benefits of contract lifecycle management related to risk management, compliance, and business operations. I will show you the […]
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What is a Wet Signature? A Comprehensive Guide

From signing a birthday card to closing a big business deal, putting pen to paper marks an important moment. A wet signature or wet ink signature is this traditional act of signing your name using ink on physical documents, sometimes even with a wax seal or an ‘X’. Since the year 2000, the United States recognized electronic signatures or e-signatures […]
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Mastering Project Scoping for Legal, Risk and Compliance Projects

Introduction In the intricate world of project management within legal, risk, and compliance sectors, the linchpin of success often lies in effectively defining project scope and objectives. This vital insight came to the forefront through a survey I conducted on LinkedIn, where an eye-opening discovery was made: nearly half of the respondents, professionals in these […]
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Reduce Legal Costs with Project Management as a Service for Legal Project Management

..it’s worth noting that businesses have chalked up savings in the ballpark of 30% by folding project management as a service (PMaaS) into their strategic approaches. Navigating the treacherous waters of escalating legal expenses can be a lone voyage for many companies. In an era marked by razor-sharp financial oversight, organizations like yours are wrestling with the dual challenge of juggling […]
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Strategic Management Insights from Formula 1

A High Octane Guide to Management and Leadership The inaugural Formula 1 Grand Prix in Las Vegas wasn’t just about heart-pounding speed and roaring engines. It was a masterclass in strategic agility, leadership, and innovation, offering invaluable insights for anyone in the business world, especially those in technology and management consulting. From the racetrack to the boardroom, Formula 1 […]
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Contracting Made Easy: Streamlining the Contract Life Cycle Process

Introduction: Are you tired of the tedious and time-consuming process of managing contracts? Look no further, because I have the ultimate solution for you. In this article, I will share valuable insights on how to streamline the contracting life cycle process, making contracting a breeze. With my practical tips and strategies, you can save time, […]
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Contract Lifecycle Management (CLM): Unleashing Benefits Across 50 Industries and Functions

Introduction: In today’s complex business landscape, effective contract lifecycle management (CLM) is more critical than ever. Agreements underpin every facet of an organization, governing relationships, defining obligations, and setting expectations across diverse activities. This is where contract lifecycle management benefits emerge as game-changers. CLM systems offer a streamlined, efficient, and compliant approach to handling contracts. Beyond Streamlined […]
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Streamlining Supplier Relationships: How to Master Supplier Agreement Management

Introduction: Are you struggling to keep track of supplier agreements and ensure fruitful relationships with your business partners? Look no further, because in this article, I will guide you on how to master supplier agreement management and streamline your supplier relationships.  Effective supplier agreement management is essential for the success of any business. By maintaining […]
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7 Strategic Tips for Navigating Supplier Contract Management

In today’s fast-paced business world, effective management of supplier contracts is not just a necessity but a strategic advantage. As organizations increasingly rely on a myriad of suppliers for goods and services, the complexity and importance of managing these relationships grow exponentially. The key to success lies in navigating the intricate landscape of supplier contract […]
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Boost Profits With Efficient Supplier Agreement Management

In today’s competitive business landscape, maximizing profits is essential for the success and growth of any company. One often overlooked aspect of boosting the bottom line is efficient supplier agreement management. Effective supplier agreement management can have a profound impact on your business’s profitability by optimizing costs, reducing risks, and improving overall operational efficiency. By […]
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Contract Lifecycle Management 101: What It Is and Why Your Business Needs It

What is Contract Lifecycle Management? Contract lifecycle management or contract management streamlines contracts, from creation to renewal/termination. It lets you automate drafting, negotiate terms, manage approvals, monitor performance, & reduce risk with centralized data & e-signatures. Helping stay ahead, save time, & boost compliance. Without a proper CLM system in place, businesses are more susceptible […]
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