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

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 Robert Freedman • Jan. 8, 2024

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

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 Robert Freedman • Dec. 18, 2023

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

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

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

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 Robert Freedman • Nov. 27, 2023

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 Robert Freedman • Nov. 20, 2023

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

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 Robert Freedman • Sept. 26, 2023

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 Robert Freedman • Sept. 25, 2023

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

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 Robert Freedman • Sept. 15, 2023

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 Robert Freedman • Sept. 14, 2023

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

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 Robert Freedman • Sept. 7, 2023

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

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 Robert Freedman • Aug. 8, 2023

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 Robert Freedman • July 28, 2023

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 Lyle Moran • July 25, 2023

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 Lyle Moran • July 24, 2023

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 Robert Freedman • July 24, 2023

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

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 Lyle Moran • July 14, 2023