There is a very well written, and whimsical, article in ACC Docket pointing out the mismatch between what the legal tech industry refers to by the term “Contract Lifecycle Management” and what lawyers would expect that term to mean.
If it turns out that you still need to hire a bunch of attorneys to read your agreements or error-check their system’s handling of all your existing agreements, you are not being presented with a true “lifecycle” management tool. Reading and interpreting agreements, let alone executing on them, requires work and effort. Thus, qualified attorneys are a sine qua non of any true solution. Without attorneys doing the hard work, the promise of a “lifecycle management” system is just a bill of fictitious goods.