With the increasing penetration of technology, companies have seen a huge increase in the number of contracts they must draft, negotiate and manage. Many companies lack strong processes to manage this large number of contracts, a problem that is exacerbated when companies acquire contracts through mergers and acquisition activity. Gain practical advice on how to boost efficiency and manage contracts from draft creation through negotiation, execution, amendment and renewal. The session will also discuss using playbooks to maximize value, time and experience of in-house attorneys, mapping existing workflows to determine how to make them more efficient, resource allocation—what tasks should attorneys do and what tasks should non-attorneys do, implementing more efficient processes—piloting and knowledge transfer, using contract management software for process and knowledge management and selecting third-party vendors to help manage these processes.