How to Negotiate Contracts Like a Negotiation Expert – Contract Nerds
Key Quotes “Good contracts professionals are curious more than anything else. Most of the folks that do well and are really good, are more curious.” — Mark Raffan “If they…
Contract Nerds
The Most Underrated Legal Tool? The Humble Contract Intake Form – Contract Nerds
Key Takeaways: Contract intake forms create order out of chaos and keep legal running smoothly. A well-designed form bridges the gap between legal and the business, making collaboration faster and…
How to Build and Use a SaaS Agreement Playbook: The Great 8 – Contract Nerds
Key Quotes: “Playbooks are the new template.” ~ Nada Alnajafi, Founder of Contract Nerds “Another piece I’m very wary of anything that says this will be your exclusive remedy. No,…
The Disconnect Between Legal and Business When It Comes to Contracts – and How to Fix It – Contract Nerds
Key Takeaways: Legal teams focus on minimizing risk, while business teams prioritize speed and closing deals. This misalignment causes friction, delays, and mistrust. Regular collaboration and playbooks help both sides…
Assignment Clauses: Standards, Exceptions, and Example Language – Contract Nerds
Key Takeaways: An Assignment Clause does not necessarily provide M&A veto rights. Not all M&A transactions involve an assignment triggering the clause. Read your Assignment Clause carefully. Assignment Clauses An…
Building Audit Clauses for How AI Actually Works – Contract Nerds
Key Takeaways: In AI contracting, the audit clause becomes your tool for monitoring how model behavior evolves to ensure continuity across model lifecycles and verifying that operational performance matches contractual…
Navigating the LLM Contract Jungle: A Lawyer’s Findings From an LLM Terms Audit – Contract Nerds
Key Takeaways: If your organization is considering using a large language model (LLM) in their production environment, there are important considerations to remember. The LLMs terms offered by vendors may…
Greenwashing in Contracts: How to Avoid Legal Risks With Better Drafting – Contract Nerds
Key Takeaways: Without robust and enforceable ESG clauses, companies risk regulatory fines, litigation, and loss of consumer trust. One of the most effective ways to mitigate greenwashing in contracts is…
An Open Letter From a “Business Nerd” Seeking Legal Collaboration on Contracts – Contract Nerds
Key Takeaways: Business users need a simple and straightforward way to request contracts, especially for standard contracts like NDAs or CDAs. It’s important to provide business users with a quick…
How to Redline AI Vendor Agreements: 5 Common Issues – Contract Nerds
Are you struggling to understand how AI vendor agreements differ from typical SaaS agreements? You’re not alone. As businesses rapidly adopt artificial intelligence tools, in-house counsel and legal professionals face…
Mastering IT Contract Negotiations: A Comprehensive Guide for Legal Professionals – Contract Nerds
Key Takeaways: Successful IT contract negotiations require a balance of technical, financial, and legal considerations. Before entering negotiations, establish a clear understanding of what you want to achieve. Vague SLAs…
A Proven 3-Step Approach to Review, Redline, and Negotiate Construction Contracts Successfully – Contract Nerds
Key Takeaways: Reading the contract all the way through at least once before you begin to redline will give you a roadmap to follow as you begin your review. Having…
Internal Data Leakage: An Overlooked Contract Risk in Enterprise AI – Contract Nerds
Key Takeaways: When rolling out an AI tool across your organization, consider how company data might be exposed across internal teams. Internal data access isn’t just a governance concern—contracts professionals…
Business Skills in Contract Negotiations: The Ultimate Success Combo – Contract Nerds
I’ve said it before, and I’ll say it again—contracts are not legal documents; they are business documents that memorialize business transactions. While many in-house counsel recognize the importance of being…
Five Critical Elements of Limitation of Liability Provisions – Contract Nerds
KEY TAKEAWAYS: Review exclusions from liability caps embedded in other provisions such as those often found in confidentiality sections that often have other obligations such as those on data security…