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Guys, please help me with my in hand salary
Water pump broken. How many points?
Better pay rises being offered in Public sector?
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Any in-house counsel in here willing to post their company, level or YOE, and total comp breakdown? If you’re comfortable, please consider posting both your current stats and what your stats were when you first moved in-house. If there’s any other information that you want to share, please include that too (e.g., hours, interesting perks, etc.). Info on in-house salaries is pretty hard to come by, and it would be great to compile some data points here! Facebook Amazon Google Netflix Apple
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Just wait until you go through sell-side M&A diligence without one. It’s a disaster.
Basically I’ve never used a CLM before so don’t know if they are really worth it for smaller organizations. I’ve demoed with Concord, Juro, HighQ, and DocuSign. HighQ and DocuSign were really expensive, Juro seemed a bit clunky, and Concord was the cheapest and seemed fine for our bare bones needs, but looks like others have had bad experiences in here with Concord.
Rising Star
Concord is hot garbage. Stay far away.
Value depends on where you see the work going. If one person and low volume, probably not beneficial. If you want to track terms, organize agreements (including if you want to offer self service to your business), or the volume is going to grow, CLM is more valuable. Also, starting good habits is much easier than the alternative.
Experience: 4 yrs managing process for around ~ 9k contract executions a year globally.
I spent 18 months screening and implementing our first CLM. We went with agiloft. It can be a lot of work and there can be massive amounts of training involved withixed buy in from business. It's great for organizing contracts and tracking milestones but can defiybe a huge lift. We're a 20 person global department so needed something. Agiloft would not work well for a department of 1
CLMs are definitely worth it. Implementing our CLM has been one of my team’s most successful and popular projects thus far. It’s a win-win for every department within the organization — not just Legal. After an extremely lengthy researching and vetting process, we went with Agiloft. Highly, highly recommend it. It is a lot of work but definitely worth it.
Also agree with previous poster to stay far away from Concord. We initially went with Concord but realized our mistake before we even reached our 3 month anniversary and decided to just count it as a loss and move on. If you want to discuss in more detail, feel free to send me a DM.