⚖️ Legal · State Machine
Contract Lifecycle (CLM)
The states of a commercial contract in a contract lifecycle management system, from request and drafting to renewal or expiry.
Drawing diagram…
What this diagram shows
- Negotiation loops between redlining and legal review
- Signature happens only after internal approval
- Renewal reminders go out before the contract expires
Prompt used
State machine for contract lifecycle management: Requested by the business, Drafted from a template, In Negotiation with redlines exchanged, Legal Review, Internal Approval, Out for Signature, Executed, Active, then either Renewed (back to Active) or Expired, or Terminated early. Rejected at approval sends it back to negotiation.
Mermaid code
stateDiagram-v2 [*] --> Requested Requested --> Drafted: From template Drafted --> InNegotiation: Sent to counterparty InNegotiation --> LegalReview: Redlines received LegalReview --> InNegotiation: Changes needed LegalReview --> InternalApproval: Terms agreed InternalApproval --> InNegotiation: Approver rejects InternalApproval --> OutForSignature OutForSignature --> Executed: All parties signed Executed --> Active Active --> Renewed: Renewal agreed Renewed --> Active Active --> Expired: End date, no renewal Active --> Terminated: Early termination Expired --> [*] Terminated --> [*]
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