Corporate interest in AI, particularly generative AI (genAI), has surged dramatically. For many legal teams, there is pressure all the way from the C-suite to start using this new...
Year: 2024
Business ecosystems and the view from the future
Innovation thrives within ecosystems, but orchestrating these complex networks requires more than just contracts and policies. Scholars have long sought tools for collaborative...
Factors affecting contract management in acquisition of goods and services
A recent study conducted at Integrated YMR Partnership, situated in Nairobi County, Kenya, sheds light on critical factors influencing contract management in private firms. The...
Causes and effects of contract management problems
A recent study delved into the intricacies of construction disputes, focusing on a case involving the construction of a road to commercial premises. The analysis aimed to identify...
Business ecosystems come of age
In a rapidly evolving business landscape, where globalization, technology, and societal expectations intersect, navigating change requires fresh insights and informed perspectives....
Managerial sensemaking in a transforming business ecosystem
A recent study delved into how managers navigate the complexities of evolving business landscapes and its implications for their enterprises. The investigation, which fills a notable...
The importance of effective contractmanagement
In a world where organizations rely more on counterparts and collaborative efforts, regulations like DORA (Data Operations and Readiness Assessment), CSR (Corporate Social...
Understanding the blind spots in contract drafting
In the realm of contract drafting, it's crucial to acknowledge the blind spots that can inadvertently lead to legal headaches. Here's a refined look at some common pitfalls: Ambiguity...
5 dangers of not sending default notices in a contractual relationship
To fully explain the dangers of not sending default notices in a contractual relationship, it is essential to understand the significance of default notices in terms of contracts....
How ALM and CLM are reshaping finance
Tired of the spreadsheet shuffle, the approval chase, and the expense reconciliation saga? Say goodbye to the old ways and embrace a new era of efficiency! 1. Cost Control Mastered...