Question 1

What ROI can legal operations expect from CLM automation in 2025?

Accepted Answer

Legal operations can expect ROI ranging from 110% to 449% from CLM automation. Independent studies report an average 40% cost reduction and 324.5% ROI, while platform TEI studies show 314% to 449% ROI. The strongest returns come when automation targets revenue acceleration and risk reduction, not only legal efficiency.

Question 2

How much faster is automation versus manual contract tracking?

Accepted Answer

Automation reduces contract cycle time by 84%, from 19 days to approximately 3 days. Benchmarking shows manual contracting averages 19 days while automation reduces cycle time to about 3 days. These gains free legal capacity for higher value work and speed time to revenue for the business.

Question 3

What hidden costs do spreadsheets and email impose on contracting?

Accepted Answer

Spreadsheets and email impose significant hidden costs including lost productivity, revenue loss, and increased outside counsel spend. Legal teams report spending more than an hour per day switching systems just to gain a complete view of work, and many still rely on email and shared folders. Over half of organizations say contracting inefficiencies have cost them business, and manual tracking often inflates outside counsel spend while increasing the risk of missed obligations.

Question 4

Which capabilities matter beyond basic workflow automation?

Accepted Answer

AI-driven extraction, governance, and post-signature performance tracking are critical capabilities beyond basic workflow automation. Advanced contract analytics and governance are essential. Look for AI-driven extraction of clauses and metadata, obligation management, and strong post-signature performance tracking. Analysts note that governance and post-signature controls matter as much as pre-signature authoring and negotiation.

Question 5

How does Sirion specifically contribute to measurable ROI?

Accepted Answer

Sirion delivers 60% faster contract review and 12% lower spend leakage through its AI-native platform. Sirion resources report these gains, supported by a platform that unifies legal, procurement, sales, and operations around a single source of contract truth. Sirion is recognized as a Leader in the Gartner Magic Quadrant for CLM for three consecutive years, with strengths in post-signature performance and AI-driven extraction that improve value realization.

Question 6

How do I build a board-ready business case for CLM?

Accepted Answer

Build your business case on three pillars: cycle time and throughput, risk and compliance, and direct cost savings. Research highlights budget as a barrier, but executive momentum is clear and studies show triple-digit ROI with significant reductions in outside counsel spending. Translate improvements into P&L impact with payback tied to contract volume and risk exposure.

topics

Resources

Resources

The Memory Gap: 93% Don’t Trust Their Contract Data. Here’s The Fix

RESOURCES & TOPICS

AI Contracts: A Guide to the Technology Changing CLM

Top Contract Management Challenges and How to Overcome Them

AI Contract Analysis: A Comprehensive Guide for Legal Teams

Defining End-to-End Contract Lifecycle Management

Accountability for Sustainability: Weaving ESG into Contract Management

Accountability for Sustainability: Weaving ESG into Contract Management

Eliminating the Friction Points in Contracting

Eliminating the Friction Points in Contracting

Comparing Procurement Suites vs. Pure-Play CLM for Enterprise

Comparing Procurement Suites vs. Pure-Play CLM for Enterprise

Driving Digital Contract Transformation ROI

Driving Digital Contract Transformation ROI

The Connected Enterprise: Leveraging CLM as a Digital Bridge

The Connected Enterprise: Leveraging CLM as a Digital Bridge

Raiffeisen Bank’s Global Contracting Excellence Journey

Raiffeisen Bank’s Global Contracting Excellence Journey

Navigate Global Disruption with AI-Powered Digital Procurement

Navigate Global Disruption with AI-Powered Digital Procurement

Smarter Contracting: Activating the Digital Enterprise

Smarter Contracting: Activating the Digital Enterprise