* The views expressed in externally authored materials linked or published on this site do not necessarily reflect the views of LexisNexis Legal & Professional. Corporate legal departments are under...
* The views expressed in externally authored materials linked or published on this site do not necessarily reflect the views of LexisNexis Legal & Professional. As AI is poised to transform workplaces...
By Mahala Miller, Corporate Legal In-house legal departments are turning to generative AI (Gen AI) technology as more than an IT upgrade—it is quickly becoming a transformative force. The adoption...
The legal industry is at a tipping point. Amid record-high first-year salaries, an explosion of lateral partner movement, and an uptick in merger activity, one question looms large for every firm: How...
America’s corporate suites are bracing for the impact of a steady flow of retiring executives, and the legal department is no exception to this demographic trend. The legal industry is “grappling...
* The views expressed in externally authored materials linked or published on this site do not necessarily reflect the views of LexisNexis Legal & Professional.
This checklist outlines what counsel should consider when drafting or reviewing a commercial contract. It addresses, among other terms and provisions, pricing and payment, term and termination, representations & warranties, indemnifications, limitations on liability, confidentiality, insurance, ownership and licensing rights, assignability, and dispute resolution procedures.
This checklist is industry and jurisdiction neutral and, as such, counsel should consult state and industry specific law when drafting or reviewing a commercial contract on behalf of his or her client.
Identify the Agreement, the Parties, and the Effective Date