Contract Management: 03. Internal Contract Approval and Storage

Learning objectives
- Gain an understanding of how to receive internal approval on a contract you've written before you introduce it to the signing parties. Learn about proper document storage and how to control versions of the contract to ensure everyone is viewing the most current.
Course overview
Once you've drafted a contract, you need to have it approved by your internal team before you begin negotiations with other parties. In this course, we'll discuss some helpful tips for getting internal approval. We'll go over ways to share your contract draft and apply any feedback received. We'll also touch on proper document storage and discuss the importance of having a version-control process.
The individuals involved in the development and promotion of this course do not receive any compensation or financial benefits outside of their regular employment for their work on this course.