Key Takeaways Engagement letters are some of the most important documents your organization will sign all year. They rarely get the review they deserve. A bad engagement letter can undermine…
Key Takeaways Put a Ring on Your IP: If you don’t get a signed Assignment of Inventions on day one, you are just writing a massive check for day 1,000.…
Key Takeaways Never agree to a “Specific Performance” milestone where the counterparty maintains the power to sabotage your success or control the “weather” of the deal. Ensure every agreement includes…
Key Takeaways APAC contracts often span multiple jurisdictions and languages, making clarity essential. Visual design, plain language, and bilingual formats can reduce misinterpretation. Digital platforms now allow layered, accessible contracts…
*AI was used as a collaborative tool to help draft this article, though it was substantially drafted and revised by the author. Key Takeaways: A concise and effective indemnification clause…
Key Takeaways Contract templates are a business tool, not just another legal document. Using third-party paper by default slows negotiations and weakens starting positions. Well-designed templates align risk, operations, and…
Key Takeaways Indemnification should be tied to specific contractual breaches, not drafted as blanket insurance coverage. Limit indemnification to third-party claims and always draft it in coordination with your limitation…
Key Takeaways Key definitions like Customer Data and Security Incident determine when every downstream obligation kicks in and are critical to get right. The cost of a data breach is…
Key Takeaways: Define AI with specificity: Move beyond vague “AI” labels by specifically defining technologies like machine learning and LLMs to account for the probabilistic nature of generative outputs. Matt…
Key Takeaways Unreadable contracts quietly erode value long after they are signed. Poor readability drives delays, disputes, and misalignment across the contract lifecycle. Designing contracts to be readable is one…
Key Takeaways: AI contract terms vary widely right now because the legal, insurance, and liability risks are still unsettled, so “market” is not a fixed language. In AI negotiations, “market”…
Key Takeaways Understand the joint controller relationship and why it matters. Identify the unique obligations joint controllers carry. Learn what provisions to include in your joint controller agreement. It’s been…
Key Takeaways A standard, generic “Compliance with Laws” clause is insufficient and fails to mitigate the specific financial and criminal penalties associated with U.S. export control violations. Contracting professionals must…
Key Takeaways: Define your specific use case and build a comprehensive requirements scorecard before evaluating any AI redlining tools. Create your own accuracy test with a challenging contract since vendor-reported…
Key Takeaways Contracts can appear under many different names and formats Businesses frequently enter binding contracts without realising it Contract professionals play a vital role in teaching the business when…