They say a picture is worth a thousand words. But in the world of legal contracts, pictures can be worth even more by making complicated concepts more accessible to people without expertise.

Contracts are part of doing business. There are contracts with partners and vendors, and there are employment contracts. Most business owners don't have an attorney on retainer to look at every single ...

Operational efficiency is imperative during a recession. Without question, it's become critical for organizations of all sizes in the past twelve months to eliminate unnecessary costs and increase ...

"Contracts are the foundation of commerce." Does this sound like an overstatement? It's not. When you think about almost any ongoing business transaction (be it with a supplier, a customer, a partner ...

Beware the fine print is the oft-repeated expression heard in almost any deal or contract negotiation. It’s good advice that too often is ignored in daily life and job situations—especially among ...

It continually amazes me that many business folks who negotiate tons of IP license agreements, fail to understand the difference between covenants, representations, and warranties that are “standard” ...

One benefit of blockchain includes its ability to harness the power of smart contracts. What is a Smart Contract? Although the term “smart contract” sounds like a legal instrument, a smart contract is ...