News & Analysis as of

Contract Drafting Risk Management

Volpe Koenig

Don’t Let AI Negotiate Your IP Future

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Artificial Intelligence (AI) tools, especially large language models, are transforming many aspects of legal work, including contract drafting. They can generate polished-looking text in seconds and even assist in assembling...more

Foley & Lardner LLP

The Effects of Government Change and Political Instability on Supply Chain Management: Mechanisms to Identify and Manage...

Foley & Lardner LLP on

As detailed in Part I of this series, the use of international supply chains has suddenly become a lot riskier. In this second part of our series on navigating political instability, we provide some practical coping...more

Cimplifi

Stay Ahead of Tariff Volatility with Smarter Contracts

Cimplifi on

In a time of shifting global trade policies, tariff adjustments, and regulatory oversight, the fine print in your contracts has never mattered more. Long-term strategic agreements can now turn into urgent liabilities with a...more

Cooley LLP

Tech Contracting: How to Draft and Act to Avoid Disputes

Cooley LLP on

PART 1 - Technology. Every business needs it. You either build it yourself or buy it from a third party. As litigators focussed on tech disputes for decades, we’ve seen the same problems with IT outsourcing leading to...more

Meyers Nave

Timely Payment of Arbitration Fees—If You Snooze, You Lose!

Meyers Nave on

Imagine this: You have worked with your attorney on crafting the perfect arbitration agreement. You have an issue that goes to arbitration and are in the middle of arbitrating when you get notified that the arbitration is...more

Mayer Brown

Contractual Clarity is Paramount in Offshore Construction Projects (Pharos v. KML)

Mayer Brown on

The High Court (TCC) recently handed down a notable decision in Pharos Offshore Group Ltd v Keynvor Morlift Ltd [2025] EWHC 1764 (TCC), emphasising the importance of contractual clarity in offshore construction projects. This...more

Foley & Lardner LLP

Tariffs and Your Contracts: Why do termination rights matter?

Foley & Lardner LLP on

In addition to reviewing your commercial contracts for how new or increased tariff costs are allocated, another key area to evaluate is whether either party has the right to terminate the contract. If one party gets upside...more

Smith Debnam Narron Drake Saintsing & Myers,...

The Legal Impact of Supply Chain Disruptions on Construction Projects

In today’s global economy, construction projects are more interconnected than ever. Materials, equipment, and skilled labor often come from a variety of domestic and international sources. When any link in this chain breaks...more

Foley & Lardner LLP

Tariffs and Your Contracts: Why do force majeure provisions matter?

Foley & Lardner LLP on

Force majeure is a defense to performance that is created by contract. As a result, each scenario must be analyzed on a case-by-case basis depending on the language of the applicable force majeure provision...more

Potomac Law Group, PLLC

Insuring Success: How Contractual Insurance Provisions Safeguard Your Business Deals

When negotiating your organization’s contracts, you may be tempted to assume that including an insurance provision requiring your counter-party to maintain adequate policies covering their obligations to you is relatively...more

Lasher Holzapfel Sperry & Ebberson PLLC

LEGALESE: Understanding Conditions Precedent in Seattle Commercial Contracts | Washington Business Law

Conditions precedent are critical provisions in commercial contracts that require specific events or actions to occur before contractual obligations become enforceable. These conditions serve as legal triggers, ensuring that...more

Ankura

Part 2: Types of Capital Project Audits

Ankura on

Our first article in this series discussed the reasons and benefits of performing project audits. This follow-up article discusses the types of audits and ties back to the first article's specific reasons for each audit....more

Clark Hill PLC

Direct vs. Consequential: Why precise contract language matters

Clark Hill PLC on

When entering into a construction contract, it is important to understand and account for the differences between direct damages and consequential damages, as these differences can determine what damages may be recoverable....more

Offit Kurman

Protect Yourself and Your Business with Indemnification Understanding

Offit Kurman on

Join attorneys Sarah Sawyer and Russell Berger from Offit Kurman as they discuss indemnification clauses in contracts. They explain what indemnification means, its implications, and the importance of carefully reviewing and...more

Mandelbaum Barrett PC

Defending Your Business from AI Legal Risks

Mandelbaum Barrett PC on

AI is no longer just a tool for tech giants. Every day, small and mid-sized companies are using AI for everything from customer service to data analysis and marketing. The potential for growth and efficiency is enormous, but...more

A&O Shearman

Cost reimbursable vs. lump sum turnkey construction contracts: the many routes to bankability

A&O Shearman on

In the construction industry, the choice of procurement approach is a critical decision that shapes project risk allocation, financing structures, equity support requirements, and practical execution considerations. Lenders...more

Blake, Cassels & Graydon LLP

Clauses clés dans les contrats de construction : Conseils pratiques pour assurer la réussite des projets

Le contexte juridique et commercial au sein du secteur de la construction étant en constante évolution, les contrats connexes doivent suivre le pas. Ces dernières années, les tribunaux et les parties contractantes mettent...more

Bodman

Contractually Shortened Claim Limitation Periods are No Longer Automatically Enforceable Following Supreme Court Ruling

Bodman on

On July 31, 2025, the Michigan Supreme Court changed the test for enforceability of contractually shortened claim limitation periods in Rayford v American House. Employers often shorten the statute of limitations of...more

Ward and Smith, P.A.

Legal Considerations for Insuring an Equine Business: Guidance for Boarding Stables and Event Hosts

Ward and Smith, P.A. on

For these businesses, insurance is one of those risk management tools that plays a critical role in protecting business assets, safeguarding against liability, and facilitating continuity of business operations in the event...more

Roetzel & Andress

Planning for the Unexpected: How Unwind Agreements Help Medical Practices

Roetzel & Andress on

If your medical practice is considering joining a larger group or hospital, it’s important to ask: what if the new relationship doesn’t work out? In some situations, an unwind agreement can provide a path back to...more

Mitratech Holdings, Inc

7 Ways Legal Document Automation Minimizes Risk

If you're a lawyer or legal ops leader still drafting contracts manually, you're not alone. There are many who are no strangers to the stress: juggling multiple redlines, double-checking outdated templates, and manually...more

Thomas Fox - Compliance Evangelist

AI Today in 5: August 6, 2025, The Rethinking Compliance Episode

Welcome to AI Today in 5, the newest addition to the Compliance Podcast Network. Each day, Tom Fox will bring you 5 stories about AI to start your day. Sit back, enjoy a cup of morning coffee, and listen in to the AI Today In...more

Roetzel & Andress

What’s in Your Operating Agreement? Legal Tips for Healthcare Providers

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This week on the HealthLawHotSpot, host Ericka Adler welcomes Roetzel shareholder Jonna Eimer to discuss the essential role of operating agreements in healthcare practices. Whether you're starting a new practice or reviewing...more

Kerr Russell

Is Your Supply Contract Built for Disruption? A Framework for Resilience

Kerr Russell on

What once seemed like temporary disruptions have become a persistent reality, challenging financial forecasts and threatening operational stability. Meticulous planning can be undone overnight by a single supplier’s inability...more

Blake, Cassels & Graydon LLP

Key Clauses in Construction Contracts: Practical Guidance for Project Success

As the legal and commercial landscape around construction projects continues to evolve, so must the contracts that govern these projects. In recent years, courts and contracting parties have emphasized how agreements allocate...more

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