Legal Tech’s Predictions for Contracts and CLM in 2022

There’s perhaps no legal technology I heard about more in the past year than contract tech. Whether it was the eight-figure funding received by contract companies, the quest to implement contract lifecycle management (CLM) tech in a way it would actually be adopted, or the conversation about what it means for in-house departments to embrace more technology in -house, contracts were on the tips of everyone’s lips this year.

That’s why we at LTN decided to break out the transactional space into its own set of predictions, and our stable of attorneys and technologists delivered. From where the blockchain and smart contracts fit into the picture, to what the future of contract review will look like, to how legal departments will handle the workload through new personnel, it’s clear that 2022 is shaping up to be another transformative year in the contract market.

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