2025 Contracting Benchmark Report

KPIs for Operational Excellence & Value Realization

Get benchmarks for everything from percent of contracts negotiated to average time to execute, broken down by industry and contract type.

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2025 Contracting Benchmark Report charts & stats

What We’ve Analyzed

12

Industries

1,700+

Ironclad customers

2024 

WCC benchmark metrics

Drive org-wide impact

In this report, you’ll see where your organization stacks up and learn proven strategies for improving operations, mitigating risk, and surfacing opportunities for revenue recognition from your contracts.

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2 employees in the Ironclad office
60%of contracts are on counterparty paper

Power dynamics are shifting in favor of business partners

60%of contracts are on counterparty paper

Counterparty (CP) paper can result in a higher risk of unfavorable terms and longer cycle times. Learn strategies to successfully push your own paper, from working with sales to keeping your templates counterparty-friendly.

76%of contracts have direct legal involvement

Valuable legal expertise is being spent on routine contract review

76%of contracts have direct legal involvement

Legal teams provide the most value when using their expertise to work through complex legal scenarios. Get tips for reducing legal involvement in low-complexity contracts, from setting hard negotiation floors to educating business users.

42days average time to execute

Keeping an eye on cycle times is critical to improving operations

42days average time to execute

Measuring contracting speed from creation to signing lets you track performance over time and stop concerning trends before problems swell. We’ll walk you through exactly what you can do to improve efficiency.

Explore benchmarks by industry

Want a sneak peek at some of the data? Select your industry below.

Technology Industry
Contract Type % CP Paper % Negotiated % Legal Involvement Average Days to Execute
Service Level Agreements (SLAs) 30% 75% 80% 30
Software Licensing Agreements 25% 70% 85% 35
End User License Agreements (EULAs) 40% 65% 60% 25
Business Services Industry
Contract Type % CP Paper % Negotiated % Legal Involvement Average Days to Execute
Master Services Agreements (MSA) 80% 70% 90% 45
Statement of Work (SOW) 75% 60% 70% 30
Service Level Agreements (SLAs) 70% 60% 60% 40
Manufacturing Industry
Contract Type % CP Paper % Negotiated % Legal Involvement Average Days to Execute
Supply Agreements 30% 80% 75% 45
Manufacturing Agreements 25% 85% 80% 60
Distribution Agreements 20% 70% 70% 50
Hospitality Industry
Contract Type % CP Paper % Negotiated % Legal Involvement Average Days to Execute
Franchise Agreements 60% 85% 95% 90
Management Services Agreements (MSAs) 55% 80% 90% 70
Supplier Agreements 65% 70% 80% 50
Financial Services Industry
Contract Type % CP Paper % Negotiated % Legal Involvement Average Days to Execute
Master Services Agreements (MSAs) 70% 75% 90% 45
Loan Agreements 60% 85% 95% 70
Credit Agreements 65% 80% 90% 60
Media Industry
Contract Type % CP Paper % Negotiated % Legal Involvement Average Days to Execute
Content Licensing Agreements 70% 75% 90% 50
Talent Agreements 60% 80% 85% 45
Production Services Agreements 65% 75% 85% 55
Retail & CPG Industry
Contract Type % CP Paper % Negotiated % Legal Involvement Average Days to Execute
Supplier Agreements 70% 65% 80% 45
Distribution Agreements 60% 75% 85% 50
Retail Lease Agreements 50% 85% 95% 60
Transportation Industry
Contract Type % CP Paper % Negotiated % Legal Involvement Average Days to Execute
Carrier Agreements 60% 80% 85% 50
Logistics/Transportation Agreements 65% 75% 80% 45
Service Level Agreements (SLAs) 70% 65% 75% 40
Healthcare Industry
Contract Type % CP Paper % Negotiated % Legal Involvement Average Days to Execute
Clinical Trial Agreements (CTAs) 55% 85% 95% 90
Master Services Agreements (MSAs) 65% 75% 90% 60
Research Collaboration Agreements 50% 85% 95% 80
Communication Industry
Contract Type % CP Paper % Negotiated % Legal Involvement Average Days to Execute
Master Services Agreements (MSAs) 65% 70% 85% 50
Advertising/Media Buying Agreements 60% 65% 75% 40
Sponsorship Agreements 60% 70% 80% 35
Education Industry
Contract Type % CP Paper % Negotiated % Legal Involvement Average Days to Execute
Service Level Agreements (SLAs) 70% 60% 75% 40
Consulting Agreements 65% 65% 80% 35
Research Collaboration Agreements 50% 80% 90% 60
Energy Industry
Contract Type % CP Paper % Negotiated % Legal Involvement Average Days to Execute
Power Purchase Agreements (PPAs) 50% 85% 95% 90
Energy Supply Agreements 55% 80% 90% 75
Service Level Agreements (SLAs) 65% 65% 80% 45

What's inside the report?

Introduction

Why contracting impact measurement matters

Part 1

Contracting value realization: KPIs for operational excellence

Part 2

Contracting benchmarks by industry & how to use them

Part 3

Contract value leakage: key clauses to track by industry

Part 4

Evaluating Total Cost of Ownership (TCO) & driving enterprise adoption

Part 5

How to structure your business value case & roadmap

Get all of the data and strategies you need to drive operational excellence in enterprise contracting.