A commercial lease is one of the most complicated contracts a small business owner is likely to face. It is a daunting document filled with language that is difficult to understand and hard to find what it is you are most interested in knowing. By the end...
One of the purposes of a contract is to plan out what the parties will do if certain potential events happen. This way, the parties can determine between themselves how to note an event has happened, what the parties will do if an event happens,...
Last week I was reviewing a couple of contracts. The first was a standard services agreement. It had the typical boiler plate language so that in the case that there was a dispute, it would first be addressed through mediation, and if the mediation was...
Recently I was reviewing a contract from one of my clients. The contract itself was a straightforward non-disclosure agreement (NDA). In this case, the NDA was pretty relevant. If you’ve read some of my other posts, you’ll know that I think a lot of NDAs...
If you are delivering goods and services differently as a result of COVID-19, you should revisit your contract to make sure that the way you doing business now is reflected in the contract and vice versa. In this video, #MattTheLawyer explains what you should consider to...
One of the biggest concerns with contracts in the COVID-19 world is the force majeure clause. Many people have discovered how poorly written they are and didn't cover pandemic or government closures in light of a pandemic or a public health emergency. This video looks at three...
A couple of days ago, I settled a litigation that got to the core of two business partnership topics that aren’t talked about enough. One of the things that I constantly preach to clients is that if you are going into business with somebody, it cannot be based...
I’ve often said that a contract is nothing more than a written description of a business relationship. Often times this relationship can get complex. Maybe you have a contract that is pretty long, such as the purchase or sale of a business. This is usually...
In a previous post, we started discussing how businesses can use information design concepts in contracts. I’d like to share some more reasoning as to why our clients and small and medium sized businesses should start considering the use of information design principles in order to foster transparency with your...