Let's be honest for a second: contracts are not the most glitzy, glamorous thing in the world. However, they are the backbone of any business, and if they're not managed well, they can quickly transform into a nightmare of missed deadlines, litigation headaches, and lost revenue. That's where a killer contract management team comes in. Think of each team member as a superhero of your business agreements, protecting you from risk and unlocking hidden value. This guide will walk you through how to build a team that not only manages your contracts but crushes it.
How to Structure a Contract Management Team for Success
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Topics:
legal operations
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Contract Law: What You Need to Know
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Contracts are the foundations of trust, in both business contexts and everyday life. Understanding contract law empowers you to navigate agreements confidently and unlock opportunities with ease. As such, let's discuss what you need to know about contract law.
What Is a Contract Amendment? How Can Contract Amendments Be Managed?
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A contract amendment is a modification of the terms and conditions of a contract or subcontract.
Though we will explore contract amendments more in-depth, it is worth noting that changing the structure, duties, obligations, or rights of a contract requires increased oversight.
To that end, let's explore contract amendments and how disparate, important, and sensitive information can be managed, and contract amendments can be executed smoothly for effective contract management.
Topics:
agreement database
Agreement tracking
contract database
Contract Lifecycle Management
contract repository
Contract Software Solution
data storage
e-sign
E-signatures
eSignature
lawyers
Contract Management Software
legal contract management
legal contracts
signatures
Electronic Signature
electronic signatures
eSignatures
Data Security
records management system
legal document management software
electronic signature software
IntelliSign
legal technology
document management
legal operations
secure contract repository
contract signatures
legal operations software
contract signing
eSignature Software
Contract Review
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What Is a Unilateral Contract? Definition & Examples
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Contracts are an essential aspect of everyday business operations (and even everyday life in general). They govern myriad transactions and agreements – serving as the cornerstones of personal and business relationships. There are many different ways to categorize and compartmentalize contracts by type – including as unilateral and bilateral contracts.
One of the most common types of contracts that appears in business settings is a unilateral contract. What is a unilateral contract – and why does it matter?
In this blog post, we will dive into the concept of unilateral agreements and provide an example of them at work!
