In this discussion, Nate Kostelnik, a lawyer now handling contracts and IP for the Oncology Nursing Society, explains that contract lifecycle management (CLM) isn't "dead," but is improving with AI while still relying on core components such as intake, approvals, renewals, and contract storage. He shares how AI can help with tasks such as first-pass reviews and redlining, saving time and reducing workload.
Nate also discusses standard contract drafting issues and how legal teams sometimes struggle with change. He highlights the importance of giving AI a clear playbook, so it follows the organization's rules. Nate also says consultants will need to focus more on helping companies use AI, not just setting up CLM tools. His main advice for beginners is to start small, test AI on simple tasks, learn its strengths, and slowly build from there!
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