Tags » Legal & Regulatory

Good contracting is about thinking the opposite

Society as a whole is becoming increasingly impatient with complexity. We expect things to be available on demand, easy to access and understand. While we appreciate that many things are complicated, we expect that experts will make them simple and consumable. 613 more words

Contract / Commercial Management

Does legal-speak have value?

An IACCM member recently asked whether the word ‘shall’ implies obligation to perform. The question inspired lively discussion among my legally qualified colleagues.that wasn’t so much to do with the question of interpretation, but more to do with how ridiculous it is that we even have the debate. 237 more words

Contract / Commercial Management

Don't just simplify your contracts

It’s not just about simplifying contracts …. it’s about using contracts to simplify business.

Many people in business are frustrated because contracts are too long, or too complicated, or take ages to negotiate. 264 more words

Contract / Commercial Management

Why simplify your contracts?

This month’s Harvard Business Review features an article, ‘The Case for Plain-Language Contracts’, by Shawn Burton, General Counsel at GE Aviation. In his introduction, Shawn observes: “The contracts used in business today are long, poorly structured and full of unnecessary and incomprehensible language”. 882 more words

Contract / Commercial Management

Culture and Commercial

Organizational culture is becoming an increasing area of focus for every business. As recent events have shown, the speed and power of social media activity demands heightened sensitivity and rapid response mechanisms. 470 more words

Contract / Commercial Management

What is the role of the private sector in Open Contracting?

A guest blog by Sally Hughes, Chief Operating Officer of IACCM

Social trust is high on the political and corporate agenda. Open contracting is attracting growing attention as one way to increase public confidence in the transparency and integrity of business and government dealings. 825 more words

Contract / Commercial Management

Open Contracting rises up the agenda

As digital communication steadily transforms social expectations, it should come as no surprise that there are growing demands for ‘open contracting’ – an end to the secrecy and complexity that masks business dealings and performance. 212 more words

Contract / Commercial Management