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For the love of redlines.
Contract Nerds provides a home for all things contracts, by and for attorneys, procurement specialists, and contract negotiators.
How to Close More Contracts Before Quarter-End by Nada Alnajafi for Contract Nerds

How to Close More Contracts Before Quarter-End

Quarter-end an be a hectic time for contracts professionals on both the sales and procurement side because of the high pressure to close a high volume of contracts in a short amount of time. These deadlines are tied to an organization’s revenue recognition or budget spend requirements. So the internal business teams are extremely motivated to get contracts closed. So the pressure is on. During this time, apply the best practices described in this article to close as many contracts as possible.

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Exploring the Many Roles of the Contract Drafter by Joel Matteson for Contract Nerds

Exploring the Many Roles of the Contract Drafter (aka the Straw that Stirs the Business Drink)

The contract drafter in a business setting plays multiple key roles, such as zealous advocate, lawmaker, and futurist. Performing these various roles effectively requires conscientiously handling details at the runway level while helping your client achieve a 30,000-foot perspective of goals, future contingencies, and trade-offs. In filling these overlapping roles, the transactional lawyer truly is the straw that stirs the business drink.

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It's Never Just Boilerplate by Rebecca Gray for Contract Nerds

It’s Never Just Boilerplate

Our job as contracts professionals is recognizing what the circumstances require, assembling the best examples and templates to start from, and understanding how and where to revise language to meld these pieces into a roadmap that will facilitate smooth execution of the deal while protecting both parties from undesirable outcomes. That’s why common contract language isn’t just boilerplate.

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Contract Redlining Etiquette Rule #9 by Nada Alnajafi for Contract Nerds

Contract Redlining Etiquette – Rule # 9 on Contract Bias

Contract experts need to be mindful of implicit biases that can arise in contracts, contract negotiations, and contracting technologies. Eliminating implicit bias in your contracts will help you negotiate better contracts, forge deeper relationships, and promote the principles of diversity, equity and inclusion.  This Rule #9 on Eliminating Bias will address how to identify and eliminate implicit biases – such as language, gender, and resource bias – from our contracts.

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Critical Clauses in Commercial Lease Agreements by Neil Greenbaum, for Contract Nerds

Critical Commercial Lease Clauses – Tenant Side

Signing a commercial lease is a big deal for most business owners. Not only is the business assuming considerable financial obligations as the tenant, but it is extremely probable that the business owner will have to personally guarantee some (if not all) of these obligations.  If the business owner is unable to, the implications may be disastrous. In this article, real estate attorney, Neil Greenbaum, provides a list of critical clauses in commercial lease agreements that tenants should take into consideration.

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Contract Redlining Etiquette – Rule # 8 on Final Versions, by Nada Alnajafi, for Contract Nerds

Contract Redlining Etiquette – Rule # 8 on Finalizing

While the contract redlining process can be fun, alas, it must come to an end at some point. But before you send the contract off for signatures and scratch this one off your To-Do list, there are a few steps you should take to ensure that the final version of the contract is truly the final version.  This Rule #8 outlines three main stages of preparation that you are responsible for before you send a final contract out for signature: 1) Control, 2) Verify, and 3) Clean.

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