For the love of contracts.
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The recipe for better contract design involves a combination of these four ingredients: relationship, usability, language and design.
Contract Redlining Etiquette Rule #10 on Technology involves optimizing both the human skill and technology components of contracts.
The contract drafter in a business setting plays multiple key roles, such as zealous advocate, lawmaker, and futurist.
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Be willing to abandon (when appropriate) a traditional contractual agreement.
NOT THAT
Consider a relational agreement.
WHY?
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Reject clauses that do not help make the contract clear and concise.
NOT THAT
Include clauses just because you have always included them.
WHY?
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Come to the negotiation table with a contract playbook in hand.
NOT THAT
Escalate every single proposed template revision up for approval.
WHY?
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When we think of the contract negotiation process, most of us think only of the external legal negotiation and often neglect the importance of the internal negotiation. The stronger the internal negotiation, the stronger the external negotiation. This Rule focuses on using internal redlines to get the most out of the internal negotiation phase.
“Hey Charlotte, I understand why attorneys in private practice need a strong personal brand, but I’m an in-house lawyer. Why does it matter to me?”
Creating a strong personal brand is crucial to career success. Period.
Whatever the economic climate. Even if you are happy, motivated, safe and secure in your role – personal branding is […]
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When drafting a contract, consider overall contract design.
NOT THAT
Focus exclusively on the terms within the contract itself.
WHY?
Join the convo on LinkedIn.
Saas contract experts are expected to be more than just legal experts, but also SaaS product experts. There are several approaches you can take early on in the sales cycle to streamline the contract negotiation process. For SaaS contract experts, this article offers practical tips to create a more efficient and successful SaaS negotiation before you even get to the contract.
SaaS suppliers are required to provide service level agreements to communicate their performance commitments to their customers.
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There’s a variety of approaches to mitigate the risk of material escalation depending on the pricing model selected for construction contracts.
General Counsel and professor, Paul Swegle, shares seven common contract annoyances and tips on how to deal with them.
The indemnification clause is often hotly contested during contract negotiations and considered one of the most complex boilerplate clauses.
Rushed contract reviews negatively impact the entire deal, and can cost the business a lot of money in contract leakage and other missed opportunities.
