Contracts


  • A businessperson with a generative AI brain concept above his hand
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    Legal teams advised to deploy GenAI in ways that benefit the business

    Regulatory compliance and contracting are two areas where legal’s use of generative AI could improve collaboration with other functions, an EY legal tech leader said.

    By Feb. 21, 2024
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    Contractual obligations driving data privacy, cybersecurity upgrades

    To secure work from business partners, more companies are having to get serious about having the right technical and legal safeguards, a specialist says.

    By Feb. 9, 2024
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    Court won’t enforce arbitration agreement because employee signed ‘No refused’

    The employee’s continued employment wasn’t enough to compel arbitration because the agreement expressly required her signature, the 11th Circuit said.

    By Laurel Kalser • Feb. 5, 2024
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    Opinion

    Ensuring your contracts reflect the realities of remote work

    Contract management can help legal leaders build in processes that keep their contract data secure and compliant as the work environment evolves.

    By Benjamin Thomas • Feb. 5, 2024
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    75% of legal chiefs plan to implement generative AI tools, survey finds

    Roughly two-thirds of GCs said they were comfortable with the use of AI for compliance monitoring, including 52% who said they were “very” or “extremely” comfortable.

    By Jan. 31, 2024
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    Rep and warranty insurance said to speed M&A but claims can be slow

    Buyers increasingly rely on the policies for deal confidence even though post-closing disputes can take 18 months to settle.

    By Jan. 30, 2024
  • CLM software
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    Opinion

    5 focus areas to improve contracting

    Whether you implement contract lifecycle management software or take your existing process to the next level, the rigor of your legwork will impact the ROI you extract from your contracts.

    By Sailaja Meesaraganda • Jan. 25, 2024
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    How sales perceives legal’s speed on contracts

    31% of sales professionals say contract review reduces deal velocity and 24% say contract review isn’t necessary because an agreement is simple.

    By Jan. 17, 2024
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    Column

    Scrollwrap is probably a safer choice than clickwrap for online contracts

    And it’s best to be explicit that what’s being signed is a contract. Calling it “terms of use” is more nebulous, a court case suggests.

    By Jan. 8, 2024
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    New York likely to pursue noncompete ban again in 2024

    Not only do Democrats possess firm control of the state Legislature, but the governor could introduce her own proposal that would be attached to the state budget.

    By Jan. 4, 2024
  • in-house counsel
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    Why a business-first mindset is critical for in-house counsel

    Having subject-matter expertise in the law is just the start of what you need to know to be the kind of partner executives want at the table, according to an Airbus affiliate legal leader.

    By Dec. 18, 2023
  • antitrust
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    New York governor voices concerns about proposed noncompete ban

    Gov. Kathy Hochul said that she would like state-level legislation to permit higher-income workers to enter into noncompete agreements.

    By Dec. 5, 2023
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    Clearlaw partners with Tonkean to support contract automation

    Clearlaw, a contract intelligence platform powered by AI, previously announced collaborations with StreamlineAI, SimpliContract and PoseidonCM.

    By Dec. 4, 2023
  • View of PayPal logo outside of company headquarters
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    PayPal tackles chargeback fraud

    PayPal is attacking illegitimate customer returns with new policies after a rise in e-commerce activity has fueled that type of fraud across the industry.

    By Lynne Marek • Nov. 30, 2023
  • M&A earnout provisions
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    Earnout conflicts show need for clear contract language

    Tying some payments to future performance can help close M&A deals but the terms can spur lawsuits if the buyer and seller aren’t on the same page about what they agreed to, attorneys say.

    By Nov. 27, 2023
  • whistleblower protection
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    Consistency called key to avoiding SEC whistleblower fines

    The agency’s focus isn’t just on separation or severance agreements; other contract areas – and even non-contract materials like handbooks – can have non-compliant language.

    By Nov. 20, 2023
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    Opinion

    How AI can level the playing field among law firms

    AI will undoubtedly help to erode the competitive barriers that have long entrenched big law firms at the top.

    By Richard Robinson • Nov. 17, 2023
  • deal desk
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    How a tiered system handles hundreds of contracts a month

    Only contracts presenting novel issues require legal team involvement, positioning the deal desk at software company OutSystems to scale along with customer growth. 

    By Sept. 26, 2023
  • equity agreement clause
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    Bad contract drafting lets executives off noncompete hook

    Executives didn’t violate an equity agreement by joining a competitor because the noncompete clause applied to the parent, not the operating company.  

    By Sept. 25, 2023
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    Morgan Stanley faces $750M lawsuit over rail-line lending

    Two private-equity firms accused the bank of breach of contract and fraud over the restructuring of a deal involving investments in a loan to high-speed rail operator Brightline Holdings.

    By Gabrielle Saulsbery • Sept. 19, 2023
  • CCPA
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    How to avoid violating CCPA when sharing employee data

    If companies don’t have the right contractual arrangements with their vendors, sharing data could be construed as a sale. 

    By Sept. 15, 2023
  • CLM, contracts
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    Drafting contracts, flagging risk called top legal GenAI uses

    Although the tools can introduce risk if they’re not set up and maintained with discipline, there’s risk to not deploying the tools if team members use them on the side, tech specialists say.

    By Sept. 14, 2023
  • California Gov. Gavin Newsom speaks during a press conference on February 01, 2023 in Sacramento, California.
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    California acts on noncompetes, caste discrimination

    The noncompetes law expands the ways in which employees can challenge such agreements in the Golden State, according to attorneys.

    By Ryan Golden • Sept. 11, 2023
  • employment law, separation agreement
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    How to avoid ambiguity in non-disparagement clauses

    A few simple changes to how you draft provisions in a separation agreement can help prevent problems down the road, employment law specialists say.

    By Sept. 7, 2023
  • negotiation
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    Opinion

    Keeping business goals, not risk mitigation, the driving force in contract negotiations

    Lawyers must reprioritize the functions of a contract to ensure the behavior-driving function is on equal footing with risk mitigation.

    By Sebastian Forgues • Aug. 29, 2023