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This is the conclusion of Rebecca Thorkildsen, director of legal solutions at Pangea3, the legal outsourcer. She says: 'In recent years, the number of law departments seeking full contract lifecycle management solutions has grown, often driven by increasing risk management and compliance remits. Departments now recognize their responsibility may not end once a contract has been executed.' Talking of suppliers, she added: 'While there are well-known enterprise systems, there also have been a number of new entrants to the contract lifecycle management space that cater to law departments.' Source: Metropolitan Corporate Counsel
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