Unlock the Power of GenAI in Contract Life Cycle Management
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5 GenAI Use Cases in Contract Life Cycle Management
Over 70% of legal leaders will either begin or continue to implement generative AI (GenAI) solutions in their departments within the next two years. The contract life cycle management (CLM) market has been quick to respond to the hype around GenAI, but how can legal leaders effectively use GenAI in CLM?
Download the Gartner Quick Answer Guide to explore:
- 5 use cases of GenAI in contract lifecycle management
- Value, benefits and cautions associated with GenAI implementation
- Sample vendors for each CLM use case
About GenAI Use Cases in CLM
As GenAI use cases for legal evolve, legal leaders must align their technology investments with the most pressing business needs (e.g., reducing litigation costs) while enhancing support for internal and external clients. They should also evaluate the technology’s utility and ease of use to ensure it complements and enhances employees’ capabilities, maximizing ROI.
This research guides legal and compliance leaders in defining use cases, assessing their practicality, and understanding how vendors can execute these capabilities. It helps organizations prioritize the most valuable use cases presented by the market.
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