Tags » Legal & Regulatory

The evolution of relational contracts

As we all know, too many contracts fail to deliver expected results.

Growing complexity, market volatility, increased interdependence – there are multiple factors that contribute to those failures and are forcing change in the way that organizations interact. 644 more words

Contract / Commercial Management

Doom and Gloom: a path to nowhere

I am always surprised by the volume of ‘doom and gloom’ mail that I receive. Yes, there are many problems to be solved and some days they can feel quite overwhelming, but I have yet to see an instance where doom and gloom made them any better. 338 more words

Contract / Commercial Management

Justice goes on-line

Even in the most advanced economies, justice is not universal. For many, it remains unaffordable and inaccessible – and this is especially the case for relatively small claims related to the supply of goods and services. 193 more words

Contract / Commercial Management

Increased risks bring unexpected consequences

As corporations face growing levels of risk, many people anticipated an explosion of demand for legal resources to assist its management. Yet the market feedback I am receiving suggests, with notable exceptions, that is not happening – in fact, the reverse is often true. 393 more words

Contract / Commercial Management

Contract Management Benchmarks

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

Contract / Commercial Management

And may good will infect our contracts ....

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

Contract / Commercial Management