At a recent event, one of the delegates stated “liability has to be proportional to the commitments being made.” This is otherwise described as risk v reward. What we know – from the World Commerce and Contracting Most Negotiated Terms Report – is that limits on liability are the most
According to data from World Commerce and Contracting, a mere 0.007% of contracts end in serious dispute (and even fewer end in tribunal proceedings). So why do we mostly draft contracts as tools for legal enforcement and not as tools for project management? And why do we take the same
Collaboration = better solutions to situations + stronger relations among participants (Patrick Aylward) Do you agree?
Your contracts can either be a stage in your internal governance process that ticks the box marked ‘legal’ or they can manage the project and drive change. Which would you prefer? Read the full edition here You’ll need to think differently to come up with game-changing ideas… https://www.youtube.com/watch?v=8oPh0QItq6s&feature=youtu.be
According to recent data from World Commerce and Contracting, 48% of companies are interested in simplifying their contracts. That’s a significant minority of the whole global corporate landscape. But why? What’s wrong with complex contracts? Contractual complexity is bad for business. End of. But if you want to know the
What do we want? Legal revolution. When do we want it? Um…. now? The LawTech Report 2021 confirms that technology is ‘an enabler of fundamental change in the frontline delivery of legal and court services, and a mechanism for doing things differently, setting new standards, and importantly, putting user outcomes
If you’re a driver, then you may be familiar with the phrase ‘cut & shut’ which refers to two write-off vehicles being welded together to make a ‘new and improved’ model. This happens with contracts. The clauses or halves might not have been write-offs but the resulting document is surely
What are the best ways to avoid disputes on construction projects? You’d fully expect me to recommend a decent contract, but don’t just take my word for it. This post reviews the 2021 Arcadis Global Disputes Report to extract the nuggets you need to avoid disputes on your projects. Tips
Are you guilty of fixing plans too early? My in-laws’ plans for a quiet wedding in 1966 needed a tweak when England made it into the World Cup Final on their wedding day. Do you really think we can predict the future and, if not, do we have contracts that are flexible enough to stay
If you want to know the types of business we work with, or the work we do, please visit our general FAQs. If you want us to speak at your event or deliver an in-house workshop, please have a look at our speaking pages. As a contract writer If you