--- title: 4 Key Benefits of CLM Software description: What is CLM? CLM software helps legal teams organize their agreements, increase productivity, and position themselves as business partners. image: https://blog.linksquares.com/hubfs/AdobeStock_310066029%201.png --- [Skip to content](https://blog.linksquares.com/benefits-clm-software#main-content) [LinkSquares](https://blog.linksquares.com/) Open Mobile Menu [LinkSquares](https://linksquares.com/) Close Mobile Menu [Why LinkSquares](https://linksquares.com/why-linksquares/) [Products](https://linksquares.com/products/) --- [The LinkSquares Cloud One platform for all your in-house legal needs](https://linksquares.com/products/linksquares-cloud/) --- Contract Lifecycle Management Create, review, manage and sign contracts Legal Project Management Centralize your work and keep projects moving Cross-product capabilities Get scalability, efficiency and connectivity LinkSquares Onboarding Experience A step by step guide to get started today --- [Solutions](https://linksquares.com/solutions/) [Customer Stories](https://linksquares.com/customers/) Resources Content [LinkSquares+ Content curated for in-house leaders](https://linksquares.com/plus/) [The Library](https://linksquares.com/library/) In the studio [Demo Library](https://linksquares.com/demo-library/) Community & Events [Customer Stories](https://linksquares.com/customers/) [Events & Webinars](https://linksquares.com/events/) Learning [Blog](https://blog.linksquares.com/) [In-House Insights](https://linksquares.com/inhouse-insights/) [Knowledge Base](https://help.linksquares.com/) [Events](https://linksquares.com/events/) [About Us](https://linksquares.com/about-us/) [Careers](https://linksquares.com/careers/) [Press](https://blog.linksquares.com/tag/linksquares-news-press) [Pricing](https://linksquares.com/pricing/) [Request a demo](https://linksquares.com/demo-request/) Back Close Mobile Menu [Contract Lifecycle Management](https://linksquares.com/products/) [Finalize Streamline your contract creation process](https://linksquares.com/products/finalize/) [Sign Get your contracts executed faster](https://linksquares.com/products/sign/) [Analyze Your post-signature analytics & repository](https://linksquares.com/products/analyze/) [CLM Suite One platform to rule them all](https://linksquares.com/products/) [Request a demo](https://linksquares.com/demo-request/) Back Close Mobile Menu [Legal Project Management](https://linksquares.com/products/) [Prioritize Manage, track, and report on legal work in one place](https://linksquares.com/products/prioritize/) [Request a demo](https://linksquares.com/demo-request/) Back Close Mobile Menu [Cross-product capabilities](https://linksquares.com/products/) [LinkAI Predictive and generative AI](https://linksquares.com/products/analyze/features/ai/) [Integrations Connect the tools you love](https://linksquares.com/integrations/) [Reporting Improve your teams efficiency with KPIs](https://linksquares.com/products/analyze/features/dashboard/) [API Integrate with any third-party app](https://linksquares.com/integrations/linksquares-api/) [Request a demo](https://linksquares.com/demo-request/) Back Close Mobile Menu [Cross-product capabilities](https://linksquares.com/products/) [Onboarding We're here for you from day one](https://linksquares.com/onboarding-services/) [Services Short on time? We can help!](https://linksquares.com/services/) [Support Get answers to all of your technical questions](https://linksquares.com/contact-us/) [Request a demo](https://linksquares.com/demo-request/) [LinkSquares](https://linksquares.com/) - [Why LinkSquares](https://linksquares.com/why-linksquares/) - Products ![](https://images.ctfassets.net/a3hff24q6nt8/104udRs2GzBis3lVOIsQfq/24c371c6c0463777709a98a8bd89cc8c/Image.png) Introducing: Agentic AI for Contract Management Search, edit, and create contracts like never before. [Learn more](https://linksquares.com/agentic-ai/) Contract Lifecycle Management Create, review, manage and sign contracts Legal Project Management Centralize your work and keep projects moving Unified Capabilities Get scalability, efficiency and connectivity LinkSquares Onboarding Experience A step by step guide to get started quickly [Finalize Streamline your contract creation process](https://linksquares.com/products/finalize/) [Sign Get your contracts executed faster](https://linksquares.com/products/sign/) [Analyze Your post-signature analytics & repository](https://linksquares.com/products/analyze/) [CLM Suite One platform to rule them all](https://linksquares.com/products/) [Prioritize Manage, track, and report on legal work in one place](https://linksquares.com/products/prioritize/) [LinkAI Predictive and generative AI](https://linksquares.com/ai/) [Agentic AI Smarter contracting with a multi-agent approach](https://linksquares.com/agentic-ai/) [Integrations Connect the tools you love](https://linksquares.com/integrations/) [Reporting Improve your teams efficiency with KPIs](https://linksquares.com/products/analyze/features/dashboard/) [API Integrate with any third-party app](https://linksquares.com/integrations/linksquares-api/) [Onboarding We're here for you from day one](https://linksquares.com/onboarding-services/) [Services Short on time? We can help!](https://linksquares.com/services/) [Support Get answers to all of your technical questions](https://linksquares.com/contact-us/) - Solutions Use Cases [Crisis Management](https://linksquares.com/solutions/crisis-management/) [Contract Review](https://linksquares.com/solutions/contract-review/) [Contract Storage](https://linksquares.com/solutions/contract-storage/) [Data Privacy & Compliance](https://linksquares.com/solutions/data-privacy-compliance/) [Deal Acceleration](https://linksquares.com/solutions/deal-acceleration/) [Mergers & Acquisitions](https://linksquares.com/solutions/fundraising-and-ma/) [Vendor Management](https://linksquares.com/solutions/vendor-management/) --- DEPARTMENTS [Legal](https://linksquares.com/solutions/linksquares-for-legal/) [Procurement](https://linksquares.com/solutions/linksquares-for-procurement/) [Sales](https://linksquares.com/solutions/linksquares-for-sales/) - Resources Content [LinkSquares+ Content curated for in-house leaders](https://linksquares.com/plus/) [The Library](https://linksquares.com/library/) Community & Events [Customer Stories](https://linksquares.com/customers/) [Events & Webinars](https://linksquares.com/events/) In the studio [Demo Library](https://linksquares.com/demo-library/) Learning [Blog](https://blog.linksquares.com/) [In-House Insights](https://linksquares.com/inhouse-insights/) [Knowledge Base](https://help.linksquares.com/) [![](https://blog.linksquares.com/hubfs/Navigation/website-menu-navigation-hs-risk-scoring.png)](https://linksquares.com/events/product-spotlight-webinar-risk-revolution/) - Company [About Us](https://linksquares.com/about-us/) [Careers](https://linksquares.com/careers/) [Events](https://linksquares.com/events/) [Partner Program](https://linksquares.com/partners/) [Press](https://blog.linksquares.com/tag/linksquares-news-press) - [Pricing](https://linksquares.com/pricing/) - [Login](https://app.linksquares.com/) - [Request a demo](https://linksquares.com/demo-request/) ![what is clm](https://blog.linksquares.com/hs-fs/hubfs/AdobeStock_310066029%201.png?width=575&name=AdobeStock_310066029%201.png) [Alyssa Verzino](https://blog.linksquares.com/author/alyssa-verzino) May 02, 2022 6 min read # 4 Key Benefits of CLM Software Contract Lifecycle Management (CLM) software helps legal teams organize their agreements, increase productivity, and position themselves as business partners. These solutions manage the contract lifecycle, which means they help with all the steps in the contracting process, from draft to signature to storage and analysis.  Perhaps *even more* crucial, [the right CLM solution](https://blog.linksquares.com/how-to-choose-a-clm-solution) helps legal departments navigate important and highly-visible events. This blog post will highlight four critical use cases for contract lifecycle management solutions.  ## Privacy Legal is responsible for ensuring [compliance](https://linksquares.com/solutions/data-privacy-compliance/) for the organization. Considering the ever-evolving privacy regulations and events like a global pandemic, this is no small feat. A great CLM helps your team unlock contract data to accomplish this (and make it look easy).  Here’s a typical example: *“Hey, legal team, which contracts are subject to a* [*Force Majeure*](https://blog.linksquares.com/how-to-manage-force-majeure-contracts) *clause in 2020?”*  Without a system in place, your legal team will need to read through every single contract, reviewing for any risk. But with the right CLM in place, you can [pull a report](https://linksquares.com/products/analyze/features/dashboard/) and have an answer in 30 seconds. LinkSquares [AI-powered](https://linksquares.com/products/analyze/features/ai/) CLM intelligently extracts contract terms to automate reports based on crucial clauses and binding terms to help you make strategic decisions faster.  ## Fundraising or M&A Events During a significant event, such as [fundraising or an acquisition](https://linksquares.com/solutions/fundraising-and-ma/), you need access to all necessary information for disclosures and due diligence. Here’s a common question from legal during said events: *“How do we avoid blowing our budget using outside counsel?”*   With this acquisition, your legal team has thousands of contracts. Without a reliable CLM, you face months of due diligence without automation. With LinkSquares, which can [reduce a legal team’s reliance on outside counsel by 86%](https://blog.linksquares.com/linksquares-reduce-outside-counsel-spend), contracts are ingested into a [centralized repository](https://linksquares.com/products/analyze/). All contract terms to analyze risk, auto-renewal, and obligations will be extracted.  ## Elevating Legal Teams with KPIs You can’t manage what you can’t measure. Legal professionals need [insights](https://linksquares.com/products/analyze/features/dashboard/) into the work that they are doing to accurately measure key performance indicators (KPIs) and make data-driven decisions.  Here’s another common question from legal teams: *“How much faster are we going through contracts with a new hire?”*   Without CLM, you don’t have time to data crunch (let alone eat lunch). Plus, you likely won't have the visibility you need to make this calculation confidently. With a solution like LinkSquares, you’ve got an in-app executive summary of your contracts, providing up-to-date insight into how your team contributes value to the business in real-time.  [![Key Metrics for Legal Teams ](https://no-cache.hubspot.com/cta/default/6934676/45e475b1-01ed-4c79-b8a1-ef604173e9e9.png)](https://cta-redirect.hubspot.com/cta/redirect/6934676/45e475b1-01ed-4c79-b8a1-ef604173e9e9) ## Security If there’s a [data breach](https://blog.linksquares.com/how-to-prevent-a-data-breach), legal must immediately figure out who needs to be notified (and by when). Without a strong CLM, legal will be manually searching and reading through every contract for every stakeholder. All this needs to happen *fast* to avoid destroying your brand’s reputation.  With a solution like LinkSquares, you can automate this process and pull reports instantly. Your legal team will position themselves as a calm and proactive force during the chaos and respond to stakeholders with a solution immediately.  Want to learn more about how LinkSquares can help your legal team excel? [Contact us today](https://go.linksquares.com/demo-request)!  ![avatar](https://blog.linksquares.com/hs-fs/hubfs/alyssa%20.jpeg?width=290&name=alyssa%20.jpeg) #### [Alyssa Verzino](https://blog.linksquares.com/author/alyssa-verzino) Alyssa Verzino is a Senior Content Marketing Manager at LinkSquares. ## Subscribe to the LinkSquares Blog Stay up to date on best practices for GCs and legal teams, current events, legal tech, and more. ## Related Articles ### [Alyssa Verzino May 19, 2022 4 min read What Is a Contract Repository? A contract repository is used to store and organize the contracts that your business runs on. A modern contract lifecycle ... Start Reading](https://blog.linksquares.com/contract-repository) ### [Alyssa Verzino Apr 25, 2023 6 min read CLM Salesforce Integration: 3 Benefits You Should Know Peanut butter and jelly. Bonnie and Clyde. Salt and pepper. Each piece of these pairings is good enough on its own, but ... Start Reading](https://blog.linksquares.com/clm-salesforce-integration) ### [Alyssa Verzino Jan 03, 2023 9 min read How CLM Helps You Retain Contract Value The price of everything has gone up. Whatever came to mind as you read that — isn’t it way more expensive now than it was a ... Start Reading](https://blog.linksquares.com/how-clm-helps-you-retain-contract-value) - [Products](https://linksquares.com/products) - [LinkSquares Cloud](https://linksquares.com/products/linksquares-cloud/) - [Prioritize](https://linksquares.com/products/prioritize/) - [Finalize](https://linksquares.com/products/finalize) - [Sign](https://linksquares.com/products/sign) - [Analyze](https://linksquares.com/products/analyze) - [Full Suite](https://linksquares.com/products) - [Integrations](https://linksquares.com/integrations) - [Reporting](https://linksquares.com/products/analyze/features/dashboard/) - [API](https://linksquares.com/integrations/linksquares-api/) - [LinkAI](https://linksquares.com/ai/) - [Agentic AI](https://linksquares.com/agentic-ai/) - [Services](https://linksquares.com/services/) - [Solutions](https://linksquares.com/solutions) - [Crisis Management](https://linksquares.com/solutions/crisis-management/) - [Contract Review](https://linksquares.com/solutions/contract-review/) - [Contract Storage](https://linksquares.com/solutions/contract-storage/) - [Data Privacy & Compliance](https://linksquares.com/solutions/data-privacy-compliance/) - [Deal Acceleration](https://linksquares.com/solutions/deal-acceleration/) - [Mergers & Acquisitions](https://linksquares.com/solutions/fundraising-and-ma/) - [Vendor Management](https://linksquares.com/solutions/vendor-management/) - Departments - [Legal](https://linksquares.com/solutions/linksquares-for-legal/) - [Procurement](https://linksquares.com/solutions/linksquares-for-procurement/) - [Sales](https://linksquares.com/solutions/linksquares-for-sales/) - [Resources](https://linksquares.com/library) - [LinkSquares+](https://linksquares.com/plus) - [Blog](https://blog.linksquares.com/) - [Cockpit Counsel](https://linksquares.com/cockpit-counsel-series) - [Customer Stories](https://linksquares.com/customers) - [Demo Library](https://linksquares.com/demo-library) - [Events & Webinars](https://linksquares.com/events) - [In-House Insights](https://linksquares.com/inhouse-insights/) - [Knowledge Base](https://help.linksquares.com/) - [The Library](https://linksquares.com/resources) - Company - [About Us](https://linksquares.com/about-us) - [Careers](https://linksquares.com/careers) - [Contact Us](https://linksquares.com/contact-us/) - [Onboarding](https://linksquares.com/onboarding-services/) - [Partner Program](https://linksquares.com/partners) - [Pricing](https://linksquares.com/pricing/) - [Press](https://blog.linksquares.com/tag/linksquares-news-events) - [Recognition](https://linksquares.com/recognition/) - [Support](mailto:support@linksquares.com) - [Why LinkSquares](https://linksquares.com/why-linksquares/) #### LINKSQUARES, INC. 60 State St. Suite 1200 Boston, MA 02109 [617-681-8552](tel:617-681-8552) [salesinfo@linksquares.com](mailto:salesinfo@linksquares.com) © 2026 LinkSquares, Inc. - [SaaS Terms of Service](https://linksquares.com/saas-terms-of-service/) - [Privacy](https://linksquares.com/privacy-policy/) - [Security](https://linksquares.com/security/) - [Status](https://linksquares.statuspage.io/) - [Your Privacy Choices](https://go.linksquares.com/linksquares-do-not-sell-or-share-personal-data) - ![aicpa soc 2](https://blog.linksquares.com/hs-fs/hubfs/soc2_66933e61%20copy.png?width=100&height=100&name=soc2_66933e61%20copy.png) - ![barr certification](https://blog.linksquares.com/hs-fs/hubfs/Frame%201921.png?width=129&height=57&name=Frame%201921.png) ```json { "@context" : "http://schema.org", "@type" : "Organization", "address" : { "@type" : "PostalAddress", "addressCountry" : "United States", "addressLocality" : "Boston", "addressRegion" : "MA", "postalCode" : "02109", "streetAddress" : "60 State Street" }, "knowsLanguage" : "en", "logo" : { "@type" : "ImageObject", "url" : "https://6934676.fs1.hubspotusercontent-na1.net/hubfs/6934676/Navigation/logo_643dd1b1.svg" }, "name" : "LinkSquares", "url" : "https://blog.linksquares.com/benefits-clm-software" } ``` ```json { "@context" : "http://schema.org", "@type" : "BlogPosting", "abstract" : "What is CLM? CLM software helps legal teams organize their agreements, increase productivity, and position themselves as business partners.", "author" : { "@type" : "Person", "name" : "Alyssa Verzino" }, "dateModified" : "2022-05-02T15:14:52Z", "datePublished" : "2022-05-02T15:14:52Z", "headline" : "4 Key Benefits of CLM Software", "image" : "https://6934676.fs1.hubspotusercontent-na1.net/hubfs/6934676/AdobeStock_310066029%201.png", "inLanguage" : "en", "keywords" : "[Contract Management, Legal Tech & Trends]", "mainEntityOfPage" : { "@type" : "WebPage" }, "name" : "4 Key Benefits of CLM Software", "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://6934676.fs1.hubspotusercontent-na1.net/hubfs/6934676/Navigation/logo_643dd1b1.svg" }, "name" : "LinkSquares" }, "text" : "Contract Lifecycle Management (CLM) software helps legal teams organize their agreements, increase productivity, and position themselves as business partners. These solutions manage the contract lifecycle, which means they help with all the steps in the contracting process, from draft to signature to storage and analysis. Perhaps even more crucial, the right CLM solution helps legal departments navigate important and highly-visible events. This blog post will highlight four critical use cases for contract lifecycle management solutions. Privacy Legal is responsible for ensuring compliance for the organization. Considering the ever-evolving privacy regulations and events like a global pandemic, this is no small feat. A great CLM helps your team unlock contract data to accomplish this (and make it look easy). Here’s a typical example: “Hey, legal team, which contracts are subject to a Force Majeure clause in 2020?” Without a system in place, your legal team will need to read through every single contract, reviewing for any risk. But with the right CLM in place, you can pull a report and have an answer in 30 seconds. LinkSquares AI-powered CLM intelligently extracts contract terms to automate reports based on crucial clauses and binding terms to help you make strategic decisions faster. Fundraising or M&A Events During a significant event, such as fundraising or an acquisition, you need access to all necessary information for disclosures and due diligence. Here’s a common question from legal during said events: “How do we avoid blowing our budget using outside counsel?” With this acquisition, your legal team has thousands of contracts. Without a reliable CLM, you face months of due diligence without automation. With LinkSquares, which can reduce a legal team’s reliance on outside counsel by 86%, contracts are ingested into a centralized repository. All contract terms to analyze risk, auto-renewal, and obligations will be extracted. Elevating Legal Teams with KPIs You can’t manage what you can’t measure. Legal professionals need insights into the work that they are doing to accurately measure key performance indicators (KPIs) and make data-driven decisions. Here’s another common question from legal teams: “How much faster are we going through contracts with a new hire?” Without CLM, you don’t have time to data crunch (let alone eat lunch). Plus, you likely won't have the visibility you need to make this calculation confidently. With a solution like LinkSquares, you’ve got an in-app executive summary of your contracts, providing up-to-date insight into how your team contributes value to the business in real-time. Security If there’s a data breach, legal must immediately figure out who needs to be notified (and by when). Without a strong CLM, legal will be manually searching and reading through every contract for every stakeholder. All this needs to happen fast to avoid destroying your brand’s reputation. With a solution like LinkSquares, you can automate this process and pull reports instantly. Your legal team will position themselves as a calm and proactive force during the chaos and respond to stakeholders with a solution immediately. Want to learn more about how LinkSquares can help your legal team excel? Contact us today!", "url" : "https://blog.linksquares.com/benefits-clm-software", "wordCount" : "826" } ```