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For years, international organizations have created various regulatory frameworks for determining how their business and contracting activities impact society and the environment. And, although corporate social responsibility1 has increased our awareness, business decisions and inherent operations have failed to adopt the important mindset and critical information we need today to get our complex jobs done. This article evaluates how we can use better strategies that have emerged from lessons learned including unexpected losses from the COVID-19 pandemic.

BUSINESS CONTEXT STAKEHOLDER CONTEXT SUSTAINABLE DEVELOPMENT MAXIMUM VALUE CREATION

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Let’s say you’ve invested a tremendous amount of time, energy, and money into your startup business. Your groundwork is finished. Your careful planning and investing have been all about growing all opportunities to their fullest potential. But if you haven’t yet considered cybersecurity, it’s time to set up the best protection for it now, from its inception. Here are the top strategies you can use now for bulking up your startup’s cybersecurity.

MALWARE STARTUP CYBERSECURITY RISKS PHISHING SCHEMES

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When management at Juro launched a new privacy policy and saw a 13,000% increase in views on the internet, they were shocked! “Not bad for a document that no-one usually reads,” Richard Mabey commented in looking back on Juro’s success story that he describes in this article. Within it, you will find what led to that success   and you can download free documents for creating a privacy policy that’s understandable for anyone.

LEGAL CLARITY privacy policies CONTRACT CLARITY TEMPLATE CREATION

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Effective communication is essential for establishing successful relationships, and yet communicating clearly to the intended audience is one of the most neglected parts of contract drafting. We believe a contract map will help you overcome the pain of dealing with incomprehensible contract legalese and overly complex documents and processes. Most contracts are difficult to read, comprehend, and use for many stakeholders who rely on them to perform their jobs. A contract map will help you accelerate upfront the contract development process. For best results, you will want to focus on a user-centered design approach to improve communication and avoid future misunderstandings and costly disputes.

contract simplification ELIMINATING COMPLEXITY AGREEMENT MAPS CONTRACT TECHNOLOGY USER-CENTERED CONTRACT DESIGN CONTRACT BUILDING BLOCKS

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In the conference room, the contract managers (CMs) sat silently stunned!   They heard details about the expanded and redistributed product lines, knowing this would end the contract with a major distributor who would later file arbitration.   Everyone wondered -- Is there a better option? Yes, but It require a wide-angle lens from the outset to enlarge their thinking to avoid potential disputes. This article explains how large corporations have had to think way ahead of the game with open minds. For some, it became a rough ride with losses, but in the end, the gain of deeper thinking and lessons learned far outweighed the losses.

CONTRACT PERFORMANCE EXPANDING THINKING PRODUCT LINE AVOIDING DISPUTES

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This article was published originally as Post 228 on Legal volution.org.  You can find articles on related topics at Post 225 (Using Utility Models in Contract Analysis) and Post 211 (Competition Based on Better Contract Terms).

Contract leakage Contract formation value leakage Post-execution contract management

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The following article was originally published on Noha-Z, LLC website http://www.nohaz.co/en/wiki under the same title.

Contractual legal language and design are going through a metamorphosis in a manner comparable to automated text and knowledge representation (TKR)-AI communities in (at least) early 1980s-early 2000. The efforts, in both AI and the contractual legal industry, can be summarized in one question, "how to bridge a gap or draw a balance between expressivity, efficiency and transparency?"

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Our worldwide business environment is accelerating which means contract negotiations are becoming increasingly important for the telecommunications industry. We cannot afford the costly, time-consuming procurement processes of the past. Can we change that? How? Where do we start? This article suggests how model contracts might speed up procurement processes.

Contract models telecommunications standardization

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In one of its recent decisions, the Supreme Court of India has clarified that accepting an offer with a condition is no acceptance at all -- it is a counter-proposal. A counter-proposal made while accepting an offer must be accepted by the original proposer to conclude a contract. Until that happens the parties must not assume that a concluded contract1 exists. So, until there is a concluded contract, no question of any breach would arise, but often parties accepting offers with counter-proposals do not realize that.

clause BUYER/SELLER CONDITIONAL OFFERS COURT DECISIONS ABSOLUTE ACCEPTANCE RFP PURCHASE

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Service Level Agreements (SLAs) are about driving good outcomes and good behaviors, not making money. But when improperly processed, SLAs will lead to bad outcomes! So this begs the question: is it ethical to insist on the letter of the contract, even if the spirit of the contract may conflict with it? Put another way, should we insist on penalizing non-performance when the mutual outcome should be improved performance? Be sure to check-out our new Business Ethics Program at Business Ethics (worldcc.com).

SERVICE LEVEL AGREEMENTS BUSINESS ETHICS CONTRACT PERFORMANCE

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