Contract Planning

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Contract Plans vs Contract Management Plans: Understanding the Key Differences in 2023

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Introduction Many Contracts Professionals get confused about the difference between Contract Plans and Contract Management Plans. It doesn’t help that these two concepts are often referenced differently in different industries and fields. For example, those in Procurement often call “Contract Plans” anything to do with the Contract Lifecycle up until Contract Execution. This blog post …

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What is a Contract Plan? (5 Steps to Take Before Drafting a Contract)

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It’s important to have a well-thought-out Contract Plan in place before you start drafting a Contract. What is a Contract Plan? A Contract Plan is a detailed outline of the process you will take to draft the Contract, as well as the terms and conditions to be included in the final Contract. It may also …

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15 Reasons why Lawyers and Contracts Professionals should Plan a Contract

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Do many Professionals plan Contracts? Out of 249 Contracts Professionals surveyed, 86% indicated that they either don’t plan a Contract before drafting, or that they don’t know how to plan a Contract. Whose job is it to plan the Contract? Of those 86%, over half (50%+) believed that it was the Lawyer’s job to plan …

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