Contracts


  • one-person corporate legal team using technology
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    How the right tools can enable GCs to remain a team of one

    Incident IQ General Counsel Donato Latrofa says he’s the only lawyer the company needs even though it services some 1,600 customers throughout the United States.

    By May 16, 2024
  • limitations of liability clauses
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    Negotiating limitations of liability when you have little leverage

    In-house counsel have levers they can pull if they know the risk a deal poses to their company, contract specialists say. 

    By April 26, 2024
  • Bissonnette v. LePage Bakeries
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    Serhii Hryshchyshen via Getty Images
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    SCOTUS finds transportation workers exempt from Federal Arbitration Act

    By refusing to compel arbitration for drivers in Bissonnette v. LePage Bakeries, the Supreme Court clarified that job duties are the key in applying the FAA’s exemption.

    By David Weisenfeld • April 24, 2024
  • An AI processor on a futuristic printed circuit board
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    Wolters Kluwer releases AI-powered contract querying tool

    The company said its AI upgrades in Legisway will also integrate into the recently launched legal services portal.

    By Lyle Moran • March 11, 2024
  • LegalOn Technologies' AI Revise software in action on a non-disclosure agreement
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    Courtesy of LegalOn Technologies
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    LegalOn Technologies releases contract editing tool featuring GPT

    The software will assist in-house legal professionals with quickly reviewing various types of contracts and will enable them to collaborate with colleagues, the company said.

    By Lyle Moran • March 1, 2024
  • SEC whistleblower protections, employment agreements
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    FangXiaNuo via Getty Images
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    When it comes to whistleblowers, no information is confidential

    Confidentiality violations don’t apply to employees who go to the SEC with concerns, no matter how much companies want to keep some information under wraps.

    By Feb. 27, 2024
  • A businessperson with a generative AI brain concept above his hand
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    chombosan via Getty Images
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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 Lyle Moran • Feb. 21, 2024
  • cybersecurity
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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
  • A statue of a woman holding the balance of justice
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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
  • remote work
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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
  • Artificial Intelligence concept brain with CPU
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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 Lyle Moran • Jan. 31, 2024
  • rep and warranty insurance
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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
  • Business people having a meeting in a board room
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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 Lyle Moran • Jan. 17, 2024
  • clickwrap
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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
  • FTC
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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 Lyle Moran • 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 Lyle Moran • Dec. 5, 2023
  • A businessperson uses a laptop to manage documents
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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 Lyle Moran • Dec. 4, 2023
  • View of PayPal logo outside of company headquarters
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    Justin Sullivan via Getty Images
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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
  • An artificial intelligence processor unit
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    zirconicusso via Getty Images
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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