#USA #Princeton #contract management #CobbleStone #LegalO2

CobbleStone Software and LegalO2 Forge a Strategic Partnership

In a significant development for the contract lifecycle management (CLM) industry, CobbleStone Software has announced a strategic partnership with Legal Outsourcing 2.0, Inc., known as LegalO2. This collaboration aims to boost contract operations and enhance the quality of legal workflows for clients utilizing CobbleStone's solutions.

LegalO2 is a prominent player that specializes in providing managed legal operations and extensive contract data services. The combination of their expertise with CobbleStone's robust CLM technology is expected to create substantial operational benefits for organizations aiming to refine their contract management processes.

Enhancing Contract Operations

The collaboration allows LegalO2 to serve as a dedicated services partner, bringing a wealth of experience in contract data management and CLM workflows. With a focus on accuracy and consistency, LegalO2’s professionals are set to help organizations leverage their CLM systems more effectively. This partnership will enhance operational value by ensuring that contract data is not only accurate but also actionable.

Key services provided by LegalO2 to CobbleStone customers include:

• - Legal Support and Contract Review: Ensuring contracts are meticulously reviewed to mitigate risks.
• - Contract Data Extraction and Normalization: Streamlining the process of maintaining up-to-date and standardized contract information.
• - Contract Negotiation Support: Assisting clients in navigating contract discussions and agreements more adeptly.
• - Post-Merger Acquisition (MA) Contract Integration: Facilitating seamless integration of contracts in the aftermath of corporate mergers.
• - Project Management: Ensuring that contract-related projects are executed efficiently and effectively.
• - Ongoing Support for Contract Operations: Providing continual assistance to maintain operational excellence in contract management.

A Win-Win for Businesses

The efficient interplay between CobbleStone's industry-leading CLM software and LegalO2’s specialized services is expected to elevate data quality, operational productivity, and governance across the contract lifecycle. Mark Natasi, the CEO and Founder of CobbleStone Software, expressed excitement about this new partnership, emphasizing its alignment with the company's mission to empower organizations through enhanced contract management solutions.

Harold F. Buck, CEO of LegalO2, echoed these sentiments, highlighting that the partnership reflects a mutual commitment to data integrity and long-term success in CLM. With both companies focused on transforming the way contracts are managed, businesses can look forward to improved performance in their contractual dealings.

Future Outlook

As the demand for effective contract management continues to rise, this partnership positions both CobbleStone Software and LegalO2 to gain a competitive advantage in the evolving landscape of legal operations. Together, they aim to deliver solutions that transcend basic implementation, providing businesses the tools necessary to optimize their contract data, ensuring it remains accurate and relevant.

For organizations seeking to elevate their contract management practices, this partnership heralds a new era of operational efficiency and superior data quality in CLM, indicative of where the industry is heading.

To learn more about the collaboration and the enhanced services available, businesses are encouraged to reach out to CobbleStone Software for a complimentary demo or further inquiries.