India’s First-Ever Report on Digital Contract Readiness Is Here. And the Findings Are Uncomfortable.
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Corporate Legal Heads
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A staggering 82% of legal teams still depend on manual, delay-ridden processes. While industries race toward digitization, many legal departments are stuck in outdated workflows that expose businesses to compliance risks, higher costs, and productivity losses.
How India’s Corporate Legal Teams Are Embracing Digital Contracts—reveals what’s working, what’s not, and why the time to act is now.
While 43% use e-signatures, only 18% have adopted a full-scale CLM system. That’s a digital gap waiting to be exploited.
With 75% of BFSI firms onboard, other industries are falling behind—some dangerously so.
86% of legal teams say time efficiency, 74% cite compliance, and 68% point to cost savings as top drivers. So what’s holding them back?
Legal validity fears, client pushback, and cybersecurity concerns keep 57% of teams offline. The report outlines how to break through.
While 43% use e-signatures, only 18% have adopted a full-scale CLM system. That’s a digital gap waiting to be exploited.
With 75% of BFSI firms onboard, other industries are falling behind—some dangerously so.
This is India’s first deep-dive into legal digital transformation, covering 500+ legal professionals across BFSI, tech, pharma, retail, and manufacturing. From city-wise adoption trends to a 7-phase digital transformation roadmap, the report is a must-read for GRC heads, general counsels, legal ops leads, and every organisation serious about becoming future-ready.
