Increasingly complex compliance requirements, strict industry regulation and multi-jurisdictional legislation are driving the need for corporate legal departments to extract an expanding array of key information from large numbers of contracts – Contract Abstraction. Read more
Partnerships have been around a long time. Two people working together to achieve something that, alone, neither of them could – perhaps something as simple as lifting and moving a heavy object. Scaling this up, two villages, towns, or even two countries getting together, can achieve something they couldn’t do alone, such as defending their borders. Read more
With very few exceptions, if any, organisations the world over regularly bring in outside help. The reasons are many and varied. Perhaps it’s to assist with understanding the dynamics of a new international market, or maybe specialist legal advice around mergers and acquisitions. Whatever the reason, turning to others to help out is often the line of least resistance. Read more
“Disagreements over acceptance or delivery are the number one cause of contractual claims and disputes. So it is not surprising that the parties to a contract focus so strongly on the question of who will be liable for the consequences of failure.” Read more
As information is the most important asset for many industries and organisations, the race to manage information, in a proactive way has never been more challenging. The biggest challenge of all emanates from the sheer volume of information inside any organisation today. Read more
Right now, most organizations are trying to finalize budgets and plans for 2012 and it’s more challenging than ever. These times of financial turmoil and uncertainty put unprecedented pressure on revenue planning, cost-control and investment during 2012. Read more
Buyers and Sellers approach contract due-diligence from different perspectives…but each benefit from time-saving and increased reliability using Seal cDiscovery Read more
A recent survey published by law firm Fulbright & Jaworski suggested that over 50% of corporate litigation was directly related to contract disputes. Read more
The International Association of Contract and Commercial Management (IACCM) has just published a list of the top 7 most contentious contract terms that are likely to lead to disputes and litigation. Read more
100, 1000, 5000, 10000, … no idea?!
For many companies and non-profit organizations it is impossible to determine the number of contracts that have been committed to because there is little, or no control over the contracting process. Read more
