Awareness:Mutual acknowledgement of the agreement. With digital contracting, this is no longer a step that requires one version of the contract to be sent back and forth for signing. CLMs allow both parties to acknowledge and sign the same version of the agreement, no email or postage required...
Sign In Request Demo Ironclad is not a law firm, and this post does not constitute or contain legal advice. To evaluate the accuracy, sufficiency, or reliability of the ideas and guidance reflected here, or the applicability of these materials to your business, you should consult with a licen...
In most organizations, the process ofsourcingproductsor services is the first step in the supply chain process.Sourcinginvolves finding a balance between the quality ofproductsandraw materialsrequired and affordability. The goal for mostprocurementteams is to spend less and increase thebottom line. But...
Note that a stop work order is different from a stop notice, which is a tool used by contractors in the event that they are not paid. Stop work orders & FAR Federal contracts use theFederal Acquisition Regulation(FAR) to govern non-commercially available goods and services like construction....
In the past, the IRS used a 20-factor test to help businesses determine if someone was an independent contractor or employee. The agency has now compressed these 20 factors into three categories: Behavioral control: Can the business direct and control what work is done and how it’s accomplis...
Consider contracting art handlers and art shippers to ensure your work arrives safely at its destination. This is even more important if you’re selling framed work, which can be extremely fragile. Use art inventory software Keeping track of dozens, hundreds, or even thousands of identical ...
Thus far in 2025, the stock market has not technically "crashed" on any specific day. However, after President Trump unveiled the details of his tariff plans on April 2, the S&P 500 plunged more than 10% over the following two days. This is a significant drop, and puts the S&P 500 on...
Image:A man in the Democratic Republic of Congo has lesions on his face after contracting mpox in the latest outbreak. Pic: Reuters But what is mpox, what are the symptoms, how is it treated, and what's being done about the outbreak?
When a stop-work order is issued, it is crucial for contractors to understand which costs are allowable for reimbursement. These costs can vary depending on the specifics of the contract and the nature of the work being halted. Allowable Costs on a Stop-Work Order Claim ...
Mrs. Carlill refused and brought the case to court. Carbolic claimed that the ad could not be taken seriously, and no customer should have inferred that there was an actual contract between them and a customer for a reward sum of 100 pounds for contracting influenza while using the smoke bal...