Reed Smith Legal Solutions

Contract Life Cycle Services

Most CLM projects fail because they start with the technology. We start with the process.

Most legal departments are investing in contract technology. Yet many still identify contract management as their primary operational bottleneck.

We built this capability to address that challenge. Our lawyers average more than 15 years of experience across commercial contracts, M&A, real estate, fund finance, and regulatory matters. We are vendor-neutral with no reselling relationships and no platform partnerships. Our recommendations follow your needs, full stop.

Three-quarters of CLM implementations stall or fail, most commonly because process design comes after technology selection. About half of our engagements begin with a stalled or failed implementation, so we know what recovery looks like. We start with the process, then select the technology.

Services include AI-powered contract review and negotiation, AI-enabled contract portfolio extraction and data organization, CLM readiness and process design, technology selection and implementation, high-volume commercial agreement management, and regulatory repapering and M&A contract programs. Our tools support extraction, classification, clause analysis, obligation tracking, and portfolio analytics.

Every contract moves through three phases: (1) intake and drafting, (2) execution and storage, and (3) ongoing management. Mismanagement across those phases costs organizations an estimated 10% of annual revenue on average. Our AI-powered extraction tools, deployed under experienced lawyer supervision, deliver review cycles three times faster, helping you to build a contract process that delivers value rather than drains it.