his course provides an in-depth understanding of contract management and legal counsel. It covers the different phases of contract lifecycle management, the importance of having processes in place, and the roles and responsibilities of both in-house and outside counsel. The course also emphasizes the need for collaboration between the business and legal department to ensure a smooth contract management process. Additionally, the course covers the risks and regulations involved in contracts, including data privacy, anti-kickback statutes, and industry standards. Finally, the course focuses on the development of soft skills for legal counsel, including communication, leadership, and emotional intelligence, and the use of tools for collaboration and professional development. Topics discussed include: Tips and Processes Importance of groundwork and understanding contracts in initiating a project The Five Phases of the Contract Life Cycle and the Role of Legal Traps for beginner lawyers in contract management and the importance of soft skills for in-house counsel. Risk-Based Contracting in Healthcare Industry Tools for Collaboration and Professional Development as a Lawyer Roles and Responsibilities of Outside Counsel Characteristics of in-house and outside counsel