Key Takeaways: The Asia-Pacific (APAC) region comprises a diverse set of legal systems, making one-size-fits-all global contract templates risky and often unenforceable. Clauses like indemnities, governing law, and force majeure…
Key Takeaways: You don’t need 27 metadata fields; you need 8 that actually work. A phased cleanup approach is better than trying to fix everything overnight. A clean contract repository…
Key Takeaways: AI indemnity is evolving beyond IP claims to address broader model risks. Traditional ideas of fault don’t align with AI’s probabilistic and shared-risk nature. Contracts must evolve to…
Key Takeaways: Carefully review the original contract’s amendment rules before writing changes to make sure you follow the required steps, approvals, and limits that control how you can modify the…
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…
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…
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,…
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…
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…
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…
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…