Paul Swegle – law professor, book author, and General Counsel – shares his top 7 contract peeves and tips on how to deal with them. For those who are newer to commercial negotiations, it may be useful to realize that these annoying issues are out there and headed your way. As with most endeavors, knowing in advance there may be ups and downs and having tools to address them can help us maintain perspective and good judgment.
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Defined terms are a ubiquitous part of a contract and demand as much attention as the substantive clauses. This article provides on tips on how to structure and use defined terms throughout contracts.
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Consider the advancements of online banking and online shopping – why does it feel like legal services are years behind? To help bring technology to the law, we created virtual plain-language annotations within contracts viewable in Augmented Reality (AR) to make contracts more user-friendly and interactive.
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Ever notice that contracts are always drafted in English? Implicit language bias occurs in contracts when the contract drafter assumes the other party is as fluent in English and English “legalese” as the contract drafter. If you’ve ever thought this to yourself, “Wow, their English is surprisingly really good!” then you probably have implicit language bias.
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Incoterms are a pre-defined global standard for allocating risk of loss, customs clearance, and transit insurance in sale of goods contracts. The International Chamber of Commerce (ICC) established Incoterms in 1936 and updates the definitions every ten years, with the most recent version adopted earlier this year.
Incoterms are an amazing tool for contract drafters to […]
This September, even California employers have to go “back to the books” when hiring and contracting with independent contractors. As if we didn’t have enough change to navigate already, the rules around independent contractors have changed once more. So break out your highlighters and follow along as we walk you through some key updates and […]
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