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…
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…
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…
This post has been contributed by Professor Roger Halson, Module Convenor for Contract law. – Read More
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…