Best Practices Archives

10 Oct 25

Which LLM Is Best for Legal Contracts?

The legal landscape is rapidly evolving. Transformative advancements in artificial intelligence drive this change. Legal professionals must navigate this shift. They need to remain competitive and efficient. Understanding the power of Large Language Models (LLMs) is now essential for modern practice. This article provides a practical guide. It helps integrate…

https://www.volody.com/resource/the-best-llms-for-ai-powered-clm/ Read More

Fix Broken Budgeting: CLM Drives Financial Clarity.

04 Oct 25

Fix Broken Legal Budgets: CLM Solutions That Work

Learn how CLM streamlines budgeting, improves forecasting, reduces overspending, and ensures compliance with real-time insights.

https://www.volody.com/resource/fix-budgeting-with-clm-smart-spend-control/ Read More

Legal AI Prompting: Compliance & ROI Made Easy

30 Sep 25

Legal AI Prompting: Best Practices

Discover how legal teams can craft precise AI prompts to improve contract review, compliance, and ROI with CLM platforms.

https://www.volody.com/resource/prompts-for-legal-ai-compliance/ Read More

23 Sep 25

Maximizing Legal Efficiency: A Strategic Guide to Generative AI in CLM

Generative AI streamlines CLM by automating drafting, enhancing compliance, and boosting legal efficiency with smart contract management.

https://www.volody.com/resource/a-strategic-guide-to-generative-ai-in-clm/ Read More

Navigating International Contracts: Region-Specific Insights and CLM for Global Compliance

22 Sep 25

Mastering International Contracts: Compliance & Risk

International contracts address diverse laws, compliance, risks, and cultures, ensuring secure, enforceable agreements worldwide.

https://www.volody.com/resource/contract-compliance-risk-management/ Read More

Mastering Legal Intake: An In-House Counsel's Guide to AI-Powered CLM and Workflow Optimization

21 Sep 25

Optimizing Legal Intake with AI-Powered CLM

Legal intake covers request submission, routing, data extraction, & compliance, ensuring efficient workflows and proactive legal support.

https://www.volody.com/resource/mastering-legal-intake/ Read More

20 Sep 25

How to Reduce Contractual Liability Through Smarter CLM Practices

Contractual liability covers risks, unclear terms, compliance, & dispute resolution, ensuring proactive risk management and legal protection.

https://www.volody.com/resource/minimizing-contractual-liability/ Read More

22 Jul 25

How to Review Contracts More Quickly and Effectively?

Imagine embarking on a road trip without a map or GPS. You might get to your destination, but the journey would be fraught with uncertainty, wrong turns, and delays. Similarly, entering into a business agreement without a comprehensive contract review can lead to unforeseen risks, liabilities, and disputes. Review contracts…

https://www.volody.com/resource/how-to-quickly-review-contracts/ Read More

Contract Audit Summary: Best Practices and Key KPIs

19 Jun 25

What is Contract Audit Summary? Best Practices & KPIs

Key Highlights A Contract Audit Summary is essential for maintaining contract compliance and mitigating risks across industries. It safeguards businesses from financial losses and reputational damage. Key performance indicators (KPIs) and metrics allow audit teams to measure audit success and ensure operational efficiency. Different types of audits, including compliance, term,…

https://www.volody.com/resource/what-is-contract-audit-summary/ Read More

27 May 25

Top 10 Essential KPIs for Contract Management: A 2025 Guide

Learn the must-know these top 10 KPIs for contract management success in 2025. Elevate your contract performance with these metrics.

https://www.volody.com/resource/10-essential-kpis-for-contract-management/ Read More

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