Risk allocation is a fundamental principle in commercial contracts. Each party seeks to minimize its risk while maximizing its reward. Often, the more one party’s risk decreases, the more the other ...

Julie Honor has a robust commercial contracting practice, where she advises clients on all types of agreements and business processes. She also counsels companies on the development and use of AI, ...

You’ve always wanted to work in commercials, be the televised face of a national brand, and the opportunity has finally arrived! But before you sign any contracts—and definitely before you step foot ...

Identify the purpose of the transaction, which dictates its structure. Determine whether the transaction: involves the provision of goods (for more information, see Sale of Goods Agreement (Pro-Buyer) ...

The Business Dictionary helps define a management contract. According to the Business Dictionary, a management contract is an "agreement between investors or owners of a project, and a management ...

Every successful organization recognizes the value in effectively managing each contract it signs. Enterprises spend significant time and money and seek professional advice to ensure drafted contracts ...

Commercial contracts are a foundational element of any business. Whether you’re a startup, a well-established company, or somewhere in between, these agreements set the stage for how business will be ...