Did you know that monitoring compliance remains a key focus for contract management groups and the most common area for reporting? Would you have guessed that only about 8% of organizations typically succeed in always imposing their standard terms or that, for the average company, around one third of contracts are completed without any negotiated amendment? 540 more words
Tags » Legal & Regulatory
The start of a new year is always a time for reflection and a moment to commit to improvement. The opportunities for improvement in our contracts and contracting processes are many – and the benefits are substantial. 438 more words
Every day my in-box contains a few more emails exhorting me to adopt ‘data and analytics’. But when I seek practical examples of what this might mean, how it would add to the quality of my work, there don’t appear to be many examples to justify the investment of time or money. 474 more words
Drawing once again from the National Law Journal, it has recently been announced that law school enrolments in the US are down once more. This is the fourth successive year of decline and numbers have fallen by 28% since 2010. 316 more words
Mark Harris has written an excellent article in The National Law Journal (“A New Way To Manage The Mountains Of Contracts”, December 8th, 2015). He introduces his topic with the following comment: “Contracts are the most important point of interface between companies, their customers, suppliers and employees. 569 more words
When business deals or relationships fail to deliver expected results, how often is the contract at fault?
A relatively high proportion of business deals or relationships fail to deliver expected results. This proportion increases in situations where there is a high degree of negotiation. 525 more words