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Don’t assume the role of the in-house attorney is shrinking just because legal technology (legal tech) is here. In fact, legal wisdom and expertise is needed more than ever!
Mohit Khullar and Prachika Agarwal take an honest look at the present situation of arbitration in India and the steps India should take to keep their arbitration system operating well and open for litigants in spite of the COVID-19 threat. The world has a long way to go before we get COVID-19 behind us, but no doubt, the technology we will learn to apply in our businesses throughout this threat will become our closest allies!
The humble force majeure clause has been tested by the COVID-19 pandemic like never before. But what can we learn from this pandemic and how will it shape the future of contracts and business planning in a post COVID-19 era? These few words thus far have huge implications for contracting operations. Change is in the wind for sure.
Recent reports and discussions over Zoom with industry executives of factories producing the clothing apparel brands that we wear every day reveals a dismaying state of affairs.
How would you draft a contract you knew you could not enforce?
Why would you bother?
At the 2020 World Economic Forum1 of January 2020 in Davos, participants discussed the United Nations Sustainable Development Goals (SDGs).2 They specifically asked, “How could innovative partnerships such as commercial relationships help achieve these objectives, especially within the public sector?”
Today, globalization and technology demand that organizations build their business strategies to respond effectively to the volatility of business environment worldwide. It’s a big challenge! In response to it, we contract practitioners are now searching for sustainable relationships and partnerships that permit us to leverage competitive advantages for all parties without losing profit value.
No cabe duda que las noticias de estas últimas semanas quedarán grabadas en los libros de historia de todos los países del mundo.
Son tiempos complicados los que estamos viviendo, pero como en cualquier situación de desastre, tenemos que adaptarnos porque el golpe viene duro.
La economía global siempre tiene bajas. Podemos decir que llegan cada 10 años en promedio.
We all know the outbreak of COVID-19 or Coronavirus has been worldwide disaster that started in late 2019 in Wuhan, China. It took a horrifying turn by March 2020 when the World Health Organisation (WHO)1 declared COVID-19 as a worldwide ‘pandemic’.