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The cost of slow contracts.

CREATEDSIGNED
42 days

on average from a contract's creation to its signature.

Ironclad, 2025 Contracting Benchmark Report · 1,700+ companies using its software, 12 industries · measured against 2024 World Commerce & Contracting benchmarks · mostly larger companies

INSIDE YOUR COMPANY CLIENT
47%

of business leaders say their own internal approvals delay deals more than their clients do.

Sign.com, The Deal Velocity Report · survey of 502 US business leaders · survey date not published

LOST BUSINESS
1 in 3

companies lost significant business to slow contracts.

Sign.com, The Deal Velocity Report · survey of 502 US business leaders · survey date not published

PLANNEDLATER
44%

of B2B deals missed their planned closing date.

Ebsta & Pavilion, B2B Sales Benchmarks 2024 · 4.2 million opportunities, 530 companies · all slipped deals, whatever the cause

ON SCHEDULE3 WON DATE MISSED1 WON
67%

less likely to close once a deal misses its planned date.

Ebsta & Pavilion, B2B Sales Benchmarks 2024 · win rates of slipped deals · contracts waiting for review are one of the ways a deal slips

  1. 1Draft sent
  2. 2Work starts
  3. 3
    Contract formed, on terms nobody chose
By conduct

Under the UAE's new Civil Transactions Law, starting the work can form the contract.

UAE Federal Decree-Law No. 25 of 2025, arts 125–126, in force 1 June 2026 · official text · England: “agree first and … start work later”, RTS v Müller [2010] UKSC 14

These figures are general information and do not constitute legal advice.

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