Contract Negotiation Tip 001 | Beware of Arbitration Clauses
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Contract Negotiation Tip 001 | Beware of Arbitration Clauses

Arbitration Clauses in business contracts sound like a great thing on paper. If there’s a dispute, the parties can go before a third-party decision maker and have the matter decided quickly and less expensively than in court. The dispute also remains confidential. While these contract clauses may sound favorable, the truth is they are not included in contracts to protect you in the event of a dispute. If you don’t strike the provision during negotiation…

Danger & Opportunity – Digital Disruption in the Legal Profession

Danger & Opportunity – Digital Disruption in the Legal Profession

President Kennedy said in a 1959 speech “In the Chinese language, the word ‘crises’ is composed of two characters, one representing ‘danger’ and the other, ‘opportunity’”.  The disruptive impact of innovative technology in the legal industry presents a danger for lower level associates and support staff in traditional law firm business models. If this spells “crises” in the legal job market, where will lawyers find “opportunity”? The largest and most powerful firms will be the…

Video Killed the Radio Star – Artificial Intelligence and the Law Profession

Video Killed the Radio Star – Artificial Intelligence and the Law Profession

In 1980 the British new wave band ‘The Buggles’ released their first album ‘The Age of Plastic’. The group wrote and sang about the mixed feelings associated with the rapid change in technologies as they entered the 80’s. Their chart smashing hit, ‘Video Killed the Radio Star’, was about the nostalgia of the forgotten radio star following the rise of MTV video. In today’s world of techy buzz words, video could be called a ‘disruptive…