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Read more about Guide to Contract Management

Guide to Contract Management

Contract management is the act of preparing, negotiating, analyzing, implementing, and maintaining contracts. Even though a contract has been signed, it doesn’t mean all the hard work is done.

Read more about FAQ: AI and Contracts

FAQ: AI and Contracts

Humans have long dreamed of making machines do what brains do. Technology has gone a fair distance in that direction with artificial intelligence (AI), which puts software to work in order to improve the contract review process in several important ways.

Read more about How to Terminate a Contract

How to Terminate a Contract

Contracts establish transparent and professional partnerships between companies and individuals. However, it’s vital to have an exit strategy. Termination clauses are critical to sound and enforceable contracts, but they can be tricky.

Read more about What is a Real Estate Purchase Agreement?

What is a Real Estate Purchase Agreement?

When a piece of commercial or residential real estate exchanges hands, this process requires the execution of a real estate purchase agreement.

Read more about Why a Written Contract Is Better Than a Verbal Agreement

Why a Written Contract Is Better Than a Verbal Agreement

Contracts govern nearly every aspect of day-to-day life in ways one may not even realize. From accepting the Terms and Conditions of an app on our smartphones to haggling over prices at a neighborhood yard sale, contracts are a fundamental part of modern life.

Read more about What Is a Non-Disclosure Agreement?

What Is a Non-Disclosure Agreement?

Non-disclosure agreements (NDAs) are confidentiality contracts that allow businesses to entrust confidential information to others. They’ve been in the news lately as a way to cover up sexual harassment issues and whistleblower claims.

Read more about How to Amend a Contract

How to Amend a Contract

Parties to a contract strive to get all the essential details in writing the first time, but life happens. Parties must amend contracts when they obtain new information or discover gaps in the agreement, or if unanticipated situations arise.

Read more about How Are Contracts Negotiated?

How Are Contracts Negotiated?

No matter your industry, contracts are an integral part of day-to-day operations. Business lawyers and in-house counsel review, negotiate, and manage hundreds if not thousands of contracts per year.

Read more about Are Anti-Assignment Clauses Enforceable?

Are Anti-Assignment Clauses Enforceable?

Contracts, in general, are freely assignable, which means that either party can transfer its contractual obligations or rights to a third party.

Read more about How Natural Language Processing Can Improve Legal Search Results

How Natural Language Processing Can Improve Legal Search Results

Legal research lies at the heart of the legal profession. Any legal advice attorneys provide has to stay in line with constitutional, statutory (as created by legislators), and case law (as created by judges).