#USA #Honeywell #Las Vegas #CLM #Agiloft

Streamlining Legal Contracting Processes: Insights from Agiloft and Honeywell

Introduction
The upcoming CLOC Global Institute 2025 event is set to be a pivotal gathering for professionals in the legal operations sector. This year, industry leaders from Agiloft and Honeywell will come together to share invaluable insights on optimizing legal contracting processes. The session, titled "Streamlining Contracts Governance for Global Multi-Industrial Operations A Case Study in the Operational and Digital Transformation of Contracting," is scheduled for May 6, 2025, from 2:45 PM to 3:15 PM PT at the Aria Hotel in Las Vegas.

Presenters and Their Expertise
The presentation will feature notable figures in the legal operations field: Laura Richardson, General Counsel at Agiloft; Barbara Rogers, Vice President of Legal Operations, Strategy, and Transformation at Honeywell; and Brad Glaza, Honeywell's General Counsel for Contracting Excellence. Together, they will delve into the complexities of managing contracts within a dynamic, multinational environment, particularly focusing on a Fortune 500 context.

Objectives of the Session
During the session, the speakers aim to explore several key initiatives that have proven successful in increasing efficiency and transparency in legal operations. Topics will include:

• - The establishment of comprehensive standard contract terms and governance processes that align with operational requirements.
• - Development of practical playbooks that guide businesses through diverse operational scenarios, from manufacturing jet engines to optimizing industrial process controls.
• - Implementation of a robust risk assessment tool that helps in the proactive management of contractual deviations.
• - The introduction of a standardized clause heat map that provides quick insights into contractual obligations.
• - Techniques for seamlessly integrating contract management with project management teams for better oversight and execution.

Enhancing Contract Reviews
A notable feature of this presentation will be the introduction of a contracting advisor tool designed to simplify legal reviews. This tool is expected to enhance the accuracy and speed of contract evaluations, thereby reducing bottlenecks that often delay project timelines. The integration of contract lifecycle management (CLM) systems with existing workflows will allow companies to future-proof their operations and embrace automation.

CLOC Global Institute: A Platform for Collaboration
The CLOC Global Institute serves as a key platform for legal professionals to discuss industry trends, share best practices, and collaborate on innovative solutions. Attendees will be treated to a wealth of knowledge and an opportunity to network with peers in the field. It’s a chance for legal professionals to gain insights that are applicable to their own practices, enhancing overall operational efficiency.

Additional Information
For those interested in participating, more details are available on the official CLOC website. Media representatives and influencers can apply for a complimentary All Access Pass to attend this session, which underscores the importance of media coverage in the legal operations landscape. Further, Agiloft’s commitment to sharing insights extends to their events, where they continually seek to inform and educate their audience on cutting-edge CLM solutions.

Conclusion
As the legal landscape continues to evolve with advancements in technology and operational efficiency, initiatives like those being discussed by Agiloft and Honeywell at the CLOC Global Institute are crucial. Their collaborative efforts not only illuminate the path toward more streamlined and effective legal contracting processes but also serve as a case study for other businesses aiming to enhance their own legal operations.