150 years ago paper bank notes were introduced in England and were signed individually… if banking can go digital, why haven’t your contracts? Read the full edition here What are you waiting for? https://www.youtube.com/watch?v=l6oxKmLkocI
Contracts are not often described as user-friendly… more often they are noted as being the opposite. That may be harsh if it comes from a user, but it is feedback you need to act on if it comes from a judge. Not user-friendly In Blu-Sky v Be Caring the English
Trying to change embedded behaviours is difficult – it’s hard enough in children, never mind adults! When discussing contracts, do you consider how the terms and processes will affect the users? Do contracts change behaviours? Of course, the contract could just represent what the parties already do. But surely that
Even if you don’t want to create game-changers, at the very least your contracts should be tools to help you do business. But more often, contracts are more of a hindrance than a help. Why should we and how can we change that? Read the full edition here What does
A contract is not just a set of legal terms. Contracts include: processes such as change management deliverables and KPIs works information programming payment schedules policies and codes of conduct A completed contract is a mix of commercial, operational, legal and technical items. The difficulty for most users is finding
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
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 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
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