In the 1981 film, “The Cannonball Run”, a driver gets in his Ferrari, yanks the rearview mirror off of the windshield, and throws it away declaring, “What’s behind me is not...
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Contract & Commerical Management
Why venture capital should embrace contract management
“Nobody can do it alone” is one of my favorite quotes when it comes to describing the state of business today. We are all...
What have contracts got to do with empathy?
Negotiate noun To have formal discussions with someone in order to reach an agreement with them. To obtain or bring about by discussion. To find a way over or through an obstacle or...
Developing an effective contract management program
American Health Law Association, Washington, DC, 2023- Contract management has quickly and importantly developed into an area of focus for in-house counsel and business stakeholders....
How AI can improve modern contract management
Jim Shaughnessy is chief legal officer at DocuSign. He previously served as general counsel at Workday, Orbitz, Lenovo and PeopleSoft. Views are the author’s own. No matter how...
Better contract = better 3PL performance
Editor’s Note: The SCM thesis Better Contract = Better 3PL Performance was authored by Mykola Oleksyn and Tony Kook and supervised by Dr. Mehdi Farahani (mehdihos@mit.edu) and Dr....
Leadership should dive deeper into contract management
The business case is one of the main priorities that come up when I talk to executives about contract management. Especially the financial part of the business case: how much are we...
Pillar 4 part 2: contract management scenarios
My previous blog offered more information on the CATS CM® contract management process. This process has been subdivided into six steps and is part of the methodology’s fourth pillar....
Real-world litigation impacts of contract clauses in energy contracts
An earnout provision in mergers and acquisitions contracts entitles the seller of the target company to additional compensation in the future if the target performs well after...