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…
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…
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…
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…
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…
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…
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…
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…
Key Takeaways: Terms of Use agreements present a significant opportunity for contract and legal design, enhancing user trust while ensuring legal protection. Consider a redesign during major business shifts, based…
Key Takeaways: Focus on contracts being business tools, instead of legal niceties. Collaborate with your clients to ensure your contracts are a framework for success rather than focused on the…
Key Takeaways: Negotiating termination clauses upfront provides flexibility and a clear process for exiting the contract helping prevent potential disputes and complications. Ensuring a clear understanding of specific rights and…
Key Takeaways: Standardized DPAs allow you to streamline their operational processes, as there’s no need to adjust systems and procedures to meet the differing requirements of customized DPAs. Monitoring and…
Key Takeaways: Customers should shift to a pricing model when the work is more complex, variable in nature, and can create more value. A pricing model includes various pricing mechanisms…
Key Takeaways: Negotiate liability limitations to safeguard your business from excessive financial exposure. Insist on comprehensive data protection measures, including prompt breach notifications, end-to-end encryption, and clear definitions of de-identified…
Key Takeaways: Humour has a place in contract design. It has some profound benefits. It is not unheard of. In fact, it is a bit of a trend. There is…