What is clause in SAP LCM - Legal Content Management?

SAP Term: clause

• Component: LCM

• Component Name: Legal Content Management

• Description: A reusable text block that clarifies, defines, or explains a legal subject matter. Clauses are the basic elements of an assembled legal document. Clauses enable legal counsels to organize legal document text in blocks of text that can be moved and exchanged.

Smart SAP Assistant

• Key Concepts: 
  A clause is a unit of text within a legal document that contains a single statement or idea. In SAP Legal Content Management (LCM), clauses are used to define the terms and conditions of a contract. They are stored in the system and can be reused in multiple documents. 
  
  How to use it: 
  In SAP LCM, clauses can be created, edited, and deleted. They can also be linked to other clauses to create a hierarchical structure. This allows users to quickly find the clause they need and add it to their document. 
  
  Tips & Tricks: 
  When creating clauses in SAP LCM, it is important to ensure that they are accurate and up-to-date. This will help ensure that the terms and conditions of the contract are legally binding. 
  
  Related Information: 
  SAP LCM also allows users to store other types of legal documents such as contracts, agreements, and policies. These documents can be linked to clauses for easy access and reference.