Vendor contracts are typically high volume and high velocity, coming from every area of the business (Sales, HR, Finance, Marketing, IT, etc.). Ever-growing demands on the in-house legal team and constantly evolving business needs strain the legal team’s capacity to manage such vendor risks and relationships effectively. This presentation will explore best practices and strategies for leveraging your business teams, external legal counsel, and technology to effectively and efficiently manage vendor contracting to increase efficiency and reduce risk. Additionally, this presentation will cover basic vendor contracting considerations that should be addressed prior to entering into any vendor contract.