Learn Contracts don't have to be painful. These expert guides will help you understand how key contract processes work, as well as our tips and tricks to streamline the journey from draft to signature and beyond. Guides What is contract AI? A guide to AI contracts in 2024 Contract AI is...
Today, most businesses put their contracts in writing for one simple reason: If something goes wrong, a written contract can protect both parties in a court of law. But this makes contract drafting the single point of failure for those that later rely on the terms, only to realise they wer...
This article represents the transcribed proceedings of Professor Robin Boyle's speech given in May 2008, for the Center for Transactional Law and Practice at EmSocial Science Electronic Publishing
1. Learn effective contract negotiation strategies At times, an imbalance of power affects the way a contract negotiation goes. For example, larger vendors often force smaller customers to agree to terms that are more favorable to the vendor because they have this bargaining power. Or, a party...
Learn how to calculate the end date of a contract and discover key considerations to keep in mind when determining end dates for your organization’s agreements. Take a self-guided tour or schedule a 1:1 personalized demo By Krishnapriya Agarwal • Nov 27, 2023 • 6 min readFor many ...
2. Contract Negotiation: Drafting and Agreeing on Terms Manual negotiation processes often lead to extended back-and-forth exchanges, lost email threads, and version control issues. A lack of standardised contract templates increases the risk of misalignment between parties, while legal bottlenecks can...
Check out our complete guide to learn how to become a contractor and the requirements you'll need to fulfill. All the information you need is here.
A letter of intent is often required before two companies enter a contract. Learn what a letter of intent is, when you need one, and how to write it.
But don’t worry – contract workflow doesn’t have to be such a headache! With the information and strategies outlined in this article, you can learnhow to quickly and easily close more deals. What is Contract Workflow? Contract workflow is the process of managing the entire lifecycle of a...
This article will also discuss some of the common pitfalls of the contract request stage and explore ways to avoid those pitfalls. It will also discuss contract creation and all of the challenges associated with that stage. Keep reading to learn more about improving your business’s contract life...