Contracts: Page 2


  • legal
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    AndreyPopov via Getty Images
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    Clarity, not florid language, called key to managing risk through contracts

    Save your A-level work for the documents that matter, otherwise you’ll spend too much time on low-risk boilerplate language, says contracting specialist Laura Frederick.

    By Aug. 8, 2023
  • content rights
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    Jamie McCarthy via Getty Images
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    TelevisaUnivision legal ops chief touts rights management in boosting revenue

    Using AI-assisted software is expected to grow the company’s bottom line by extracting more money from existing content rights, Yesenia Santiago says.

    By July 28, 2023
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    Route 77 via Getty Images
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    Why GCs need to step back from day-to-day legal work

    Delegating allows general counsel to focus on strategy and talent development, Mastercard’s newly announced chief legal officer advises.

    By July 25, 2023
  • A screenshot of the Streamline AI page where business requesters submit their requests to the legal department.
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    Permission granted by Streamline AI
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    Streamline AI partners with Clearlaw to enhance contract review

    Leaders of the AI-powered platforms said their collaboration will help companies speed up the contracting process and further automate workflows. 

    By July 24, 2023
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    peepo via Getty Images
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    How to stem contract value erosion

    Losses have declined from 9.2% to 8.6% in the last decade, but making further gains requires system and workflow improvements, analysis finds.

    By July 24, 2023
  • FTC ban
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    BestforBest via Getty Images
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    Garden leave called possible workaround to FTC noncompete ban

    Should the Federal Trade Commission finalize its noncompete ban, requiring a cooling-off period after an employee leaves could help protect company trade secrets. 

    By Suman Bhattacharyya • July 21, 2023
  • antitrust
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    Tanaonte via Getty Images
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    Why companies should review noncompete clauses in equity award agreements

    Given increased government scrutiny, employers need to be mindful of the time periods noncompetes cover and review state-specific requirements, a Baker McKenzie partner said.

    By July 14, 2023
  • contracts
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    William_Potter via Getty Images
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    How to position your organization ahead of FTC’s noncompete rule

    Even without knowing what the Federal Trade Commission's final noncompete ban will look like, there are steps GCs can take to be ready.

    By July 6, 2023
  • A screenshot of a user utilizing Thomson Reuters' Practical Law tool within Microsoft 365 Copilot's version of Microsoft Word.
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    Courtesy of Thomson Reuters
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    Thomson Reuters partners with Microsoft to support contract drafting

    Users of the generative AI-powered Microsoft 365 Copilot will be able to access information from familiar legal tech tools such as Westlaw and Practical Law.

    By June 21, 2023
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    Ulf Wittrock via Getty Images
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    Employers rarely seek to enforce noncompetes, GAO survey finds

    Businesses who do regularly enforce noncompete agreements typically focus on executives and salaried workers, the Government Accountability Office found.

    By June 9, 2023
  • A businessperson uses a computer to manage documents
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    Sakorn Sukkasemsakorn via Getty Images
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    CLM software has become most used in-house legal tech, survey finds

    Contract lifecycle management technology is also the only tool that more than 50% of in-house professionals say is effective, according to an ACC and Exterro report.

    By June 2, 2023
  • antitrust
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    Tanaonte via Getty Images
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    NLRB joins fight to limit employers’ use of noncompetes

    While the labor board GC’s memo has broad reach, attorneys say there are several important caveats for businesses to keep in mind.

    By May 31, 2023
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    stock.adobe.com/Mark Neal Design

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    Sponsored by Knowable

    Contract management: The importance of looking in the rear view

    What do decentralization and the struggle of 80% of companies have in common? Failing to manage executed agreements.

    By Rick Teague, Senior Vice President of Innovation, Knowable • May 30, 2023
  • A person using a pen to fill out a non-disclosure agreement
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    designer491 via Getty Images
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    NDAs are a major point for private markets professionals

    The slow negotiation of non-disclosure agreements is negatively impacting the ability of companies to close deals. 

    By May 12, 2023
  • legal
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    Takasuu via Getty Images
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    Opinion

    Exploring risk likelihood in commercial contracts

    In addition to assessing risk impact, parties should, using real-world evidence and data, consider risk likelihood so they are better equipped to account for risk exposure in commercial contracts.

    By Sheikh Shaghaf • May 11, 2023
  • A general counsel sits across a table from her legal operations team in an office
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    VioletaStoimenova via Getty Images
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    How in-house counsel can help support legal operations

    Every member of the legal department should make some contribution to operations initiatives amid their other duties, a LinkSquares lawyer advocates.

    By May 10, 2023
  • A screenshot of ContractPodAI's legal assistant Leah displaying contracting insights
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    Courtesy of ContractPodAi
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    How an AI-powered legal assistant can help with contracting

    ContractPodAi’s new assistant can answer questions in a human-like manner and suggest contract redlines, the company's GC says.

    By May 8, 2023
  • antitrust
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    Tanaonte via Getty Images
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    Deal with non-solicitations now, noncompetes later, as FTC ban looms

    Even if the Federal Trade Commission proposal is finalized, there will be court challenges. In the meantime, employer-to-employer agreements can face civil and criminal risk right now.

    By May 5, 2023
  • The words "AI" in a white box superimposed on a brain
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    gguy44 via Getty Images
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    Opinion

    How generative AI is changing the game for contract management teams

    The technology has already reached a startling level of accuracy, capable of performing a wide variety of research work that can then be reviewed by a trained legal professional.

    By Praful Saklani • May 4, 2023
  • FTC chair
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    Anna Moneymaker / Staff via Getty Images
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    FTC’s Khan cites growing reach of noncompetes as a spark for ban idea

    The agency’s chair also highlighted that innovation has not been stifled in states such as California which prohibit noncompetes.

    By May 3, 2023
  • A notebook with written text that says, "New mindset, new results."
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    Cn0ra via Getty Images
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    How CrowdStrike’s use of an ALSP shifted legal team’s mindset

    After partnering with Factor on workflows, members of the cyber company’s in-house department started viewing their work through a more operational lens.

    By May 1, 2023
  • The word "indemnity" spotlighted on a contract
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    RapidEye via Getty Images
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    Opinion

    How to draft fee-shifting provisions in indemnification clauses

    Delaware courts have determined that even quite broad language referencing attorneys’ fees may not be explicit enough to shift fees in first-party litigation. 

    By Heather Benzmiller Sultanian and Jarrett H. Gross • April 26, 2023
  • Federal Trade Commission
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    Carol Highsmith. (2005). "The Apex Building" [Photo]. Retrieved from Wikimedia Commons.
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    Proposal to ban noncompetes draws backlash from business, support from workers

    The comment period on the proposed ban closed April 19, with commenters having registered thousands of mixed reactions.

    By Ginger Christ • April 24, 2023
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    Mindful Media via Getty Images
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    How legal teams can show their value during times of uncertainty

    Sterling Miller says implementing new ways of doing business and properly prioritizing work can help legal departments win support from key stakeholders.

    By April 21, 2023
  • A businessperson's hand below an AI-powered brain
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    Shutthiphong Chandaeng via Getty Images
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    Tech roundup: Ironclad releases AI Assist to full customer base

    BlackBoiler, Onit and Litify also recently announced technology upgrades, with contract and document management being key areas of focus.

    By April 13, 2023