Law Insider's Mike Whelan dissects high-profile contracts with various guest Lawyers.
In the final episode of the Contract Teardown Show, Law Insider co-founder and president Preston Clark joins Mike to talk about the show's impact. Preston and Mike discuss: -The origin of the Contract Teardown idea, -How the show serves Law Insider's users, -The growth and popularity of the show and other educational efforts, and -What's next for Mike and for Law Insider.
In this episode, Heather Bowen Pascual shares principles for drafting and interpreting a Standard Vendor Agreement. She highlights the key clauses that feature in this common agreement, including: Term of agreement; Scope of work; Payment terms; Termination; and Exhibits. Find the original contract here: https://www.lawinsider.com/contracts/7BDbuzTljTj
In this episode, Melinda Scott shares a limited partnership agreement meant to govern a commodity fund. She highlights important choices clients and lawyers must address around: State of formation and fund name; Risk disclosure and NFA regulation; Transfer and redemption powers for partners; and Audit norms. Find the original contract here: https://www.lawinsider.com/contracts/7IbudIEbz7h
In-house legal teams often balance complex contract workflows, compliance demands, and litigation in process. Enlisting outside talent can be a game-changer, but how do you pick the right outsourcing option? Join our webinar with Pieter Gunst, CEO of Legal.io, where he will share his cost-saving framework for choosing the best outside partners for the job. We'll cover critical aspects of outsourcing, including: Engaging outside counsel; Utilizing legal talent providers; and Leveraging managed service providers. Discover how one company saved $1M by adopting these strategies and learn how your team can achieve similar success
Is Implementing CLMs Still Worth It for Legal Departments? Once hailed as the pinnacle of legal tech innovation, Contract Lifecycle Management (CLM) systems are now facing scrutiny. Are they still worth the investment, or have they become a drain on time, money, and resources? Listen in on this fireside chat where Law Insider President and Co-Founder, Preston Clark, was joined by Zach Abramowitz and Daniel Lewis to discuss the shifting landscape of contract management technology. They cover the following subjects: Understand the Evolution: Learn how CLM, once the most exciting vertical in legal tech, has quickly transitioned to a legacy system. Identify Inherent Flaws: Discover the inherent flaws in CLM systems that create challenges for nearly every customer. Explore Alternatives: Legal departments now have numerous options to improve contracting without the high costs associated with traditional CLM systems.
In this episode, attorney Diane O'Connell tackles General Terms and Conditions that seem to be serving the purposes of other documents. This particular set of terms apparently apply to customized software services in the healthcare industry. However, according to Diane, the terms seem misapplied. Questions surface as she compares the context to the language in these areas: Licenses granted; Indemnifications allowed; and Guarantees made. Find the original contract here: https://assets.applytosupply.digitalmarketplace.service.gov.uk/g-cloud-13/documents/719046/815600321392652-terms-and-conditions-2022-05-16-1414.pdf
In this episode, attorney Stewart Banner shares his take on the current office lease environment by walking through a fairly standard contract. He wrestles with the following key clauses: Repair and alterations; Rights of landlord; Assignment and subletting Surrender of premises; and Option to extend. Find the original contract here: https://www.lawinsider.com/contracts/3VaKsk6LJVD
In this episode, attorney Laurie Ehrlich explains how a legal document like a Master Service Agreement can almost serve as an operations document. In this deal in which the two sides are highly intertwined, Ehrlich sees: Efforts to narrow an otherwise broad scope of work; Due diligence requirements shifting risk for overinclusive scope; and Practical benchmarking requirements. Find the original contract here: https://www.lawinsider.com/contracts/iEYmFBpjjYH
In this episode, attorney Elizabeth Cronin highlights liability-shifting provisions in an event waiver. These documents are used to protect companies hosting public events organizers against claims. Cronin details vital clauses for such waivers, including: Assumption of the Risk; Release of Claims; Covenant not to Sue; Indemnification; and Claim of Health Suitability. Find the original contract here: https://tourofthegila.com/wp-content/uploads/2023/04/2023-USAC-Event-Waiver.pdf
In this episode, we're sharing an interview we hosted last year with Inter Alia Law's Darlene Tonelli. Darlene shared how she connects legal departments and sales departments through good, early communication and a few deliberate systems. She uses the framing of software deals to drive the conversation, but these principles are helpful to anyone trying to get these two classically clashing departments on the same page. We also share information about an upcoming webinar about how understanding the business will make you a better lawyer. To register for the webinar, go to lawinsider.com/resources and visit the webinar tab on the left. Learn more about Darlene and Inter Alia Law here: interalia-law.com
In this episode, attorney Arohi Kashyap uncovers the high privacy standards that come with working in the healthcare industry using a Business Associate Agreement. This contract passes requirements of the United States HIPAA regulations on to companies engaged by hospitals, doctors, and other healthcare institutions. Kashyap details: Basics of a Business Associate Agreement, including when it is needed; Key procedures for protecting private healthcare information; and Standards for managing data breach incidents. Find the original contract here: https://humanservices.arkansas.gov/wp-content/uploads/Attachment-D-Business-Associate-Agreement-BAA.pdf
In this episode, attorney Amber Petrig evaluates recent changes to Spotify's Terms of Use. Using the company's previous terms and the announcement of their non-negotiable updates, Petrig addresses: Licenses automatically granted by artists who post music on the platform; Spotify's fairly unlimited freedom to modify terms; and Company-friendly changes purported to address fake usage and cumbersome payment terms. Find the original contract here: https://www.spotify.com/uk/legal/end-user-agreement/
In this episode, attorney Rosanna Mannan explains a Finder Agreement from the pharmaceutical industry. When companies seek private funding, they may engage a Finder to connect with a financier. But the regulatory restrictions on that role require strict contracting. Mannan describes how common clauses become vital in this highly-regulated space, including: Statement of Services; Compensation; Reps and Warranties; and Indemnification. Find the original contract here: https://www.sec.gov/Archives/edgar/data/1042420/000119312506002725/dex102.htm
In this episode, attorney Brittney Saint-Fleur explains the effect of trademark assignment agreements. She uses an assignment from one Chinese company to another to highlight the need to: Define clear responsibility for registration fees; Use effective representations of IP ownership; Craft relationship-conscious dispute settlement language; and Make conscious choices about applicable law. Find the original contract here: https://www.lawinsider.com/contracts/5rg4m98uFCV
In this episode, attorney Laurie McCall reveals the complexities of mixing expert consulting with ongoing services. She shares a contract for a software development project with an expert leader. The contract aims to cover two services—software development and consulting—and McCall reveals these issues: Lack of clarity in the description of services and no work order process; Warranties that jeopardize the consultant relationship; and Intellectual property confusion. Find the original contract here: https://www.lawinsider.com/contracts/ejR9PB7ZFhG
In this episode, attorney and physician Steve Hendler shares special considerations for drafting employment agreements for medical professionals. Adapting best practices to a unique context, Hendler explains: Contract terms when regulations require special care transitions; The need for specificity when demanding practice-adjacent duties; Effective dates and the impact of licensing delays; Company-provided malpractice coverage; and Paid Time Off combined with required care coverage. Find the original contract here: https://www.lawinsider.com/contracts/kRHahmIoE9L
More companies are hiring online personalities to represent their product, in deals big and small. As smart as that strategy seems, it's not without risks. This is especially true with changes proposed by the Federal Trade Commission. In this episode, attorney Vicky Smolyar explains some of the most important changes at the FTC and how they impact influencer deals. She walks through an agreement between a personal health company and an influencer to illustrate: •Overlooked disclosure requirements, •FTC healthcare claim violations, •Rules that restrict online giveways, •The dangers of non-defamation clauses, and •Indemnification rules that don't limit honest reviews. Listen to the episode today. Here's the original contract: https://seattlegummy.com/wp-content/uploads/SGC_BrandInfluencer_TC_website.pdf
Shavon Smith returns to the Contract Teardown show to explain another government contract. In this episode, Smith covers the Subcontract, an agreement between a company that has won a project bid and another company that will execute on the project. She explains Statements of Work, government-standard pricing structures, quality control, and more. Find the original agreement here: https://www.hanford.gov/files.cfm/Exhibit_009-_Draft_Subcontract-Tribal_Nations_Rev_11.pdf
In this episode, attorney Steve Sedberry shares his views on trademark licensing best practices using a deceptively short agreement. Sedberry explains: A company's obligation to preserve and capitalize on a mark's value; The law's focus on consumer protection rather than commercial benefit; and Why negotiations are the time to be thorough when it comes to leveraging a trademark. Find the original contract here: https://www.lawinsider.com/contracts/lQok8kw3gbB
How are college athletes just like online influencers—and how are they not? In this episode, sports attorney John Gibson contrasts the two contexts to illustrate where agreements with college athletes present special issues. Gibson underlines: •Term considerations that are unique to college athletes, •The difficulty of using a school's brand, •Scheduling difficulties for very busy athletes, and •An overall assessment of the amateurism re-regulation and the growth of NIL deals. Review the contract here: https://www.lawinsider.com/contracts/iaKyZVblAh1
In this episode, Arohi Kashyap tears down the Salesforce Data Processing Addendum (DPA). Companies that deal with private data every day may not see managing data as mission-critical. However, as Kashyap points out, corporate counsel needs to understand and manage data risks. Kashyap uses Salesforce's agreement to illustrate a few important principles: •Roles must defined, particularly as they shift during an engagement, •Liability should be clear in the event of a plausible data breach, and •Counsel must understand that not-urgent is not the same as not-important when it comes to data risks. Review the contract here: https://www.salesforce.com/content/dam/web/en_us/www/documents/legal/Agreements/data-processing-addendum.pdf
Alcohol distribution agreements are deceptively simple. They appear like so many distribution agreements, but the compliance environment is so localized that you can really get yourself in a bind if you're not careful. In this episode of the Contract Teardown show, experienced alcohol compliance attorney Kristina Perry Alexander details the risks associated with this seemingly simple documents. Alexander points out: The specificity of state-level alcohol regulation, The difficulty of choosing governing law jurisdictions, Complexities around direct-to-consumer distribution, and Signals that you should connect with experienced alcohol compliance counsel for your distribution agreement. View the contract here: https://www.lawinsider.com/contracts/h4xMKCdsj7
Non-Disclosure Agreements can be more than rote processes you hate. According to Ehteshamul Haque, they can lay the groundwork for successful deals. In this episode, Haque explains both the practical and philosophical elements of an NDA, including: • How power relationships impact mutuality, • The trouble with authorized representatives, • The reality of working with contractors, and • An NDA's role in laying the foundation for a deal. View the contract here: https://www.lawinsider.com/contracts/6imvHw2Ci5R
In this episode, attorney Sivonnia DeBarros uses an Endorsement Agreement with Dwyane Wade to explain Name, Image, and Likeness (NIL) concepts to student athletes. As is important in all contracts, DeBarros underlines the power dynamics and long-term goals of athletes as drivers for negotiating. DeBarros points out the need for specificity when surrendering any control over the use of your persona, and the importance of contextualizing the cash opportunity. Find the contract here: https://www.lawinsider.com/contracts/4sLtgt3mJ1d
In this episode, Professor Marcia Narine Weldon joins Mike to discuss building your company's customized playbook for severance agreements. After explaning the stakes for these contracts, Professor Weldon invites listeners to join an upcoming workshop to design your own severance playbook. Here are the details about the workshop: Companies and legal departments are managing more layoffs than ever before. Building a well designed Severance Agreement Playbook is a critical function for every legal team in 2023. Law Insider invites you to our live and interactive Severance Agreement Workshop led by University of Miami Law professor, Marcia Narine Weldon. Professor Marcia Narine Weldon is an accomplished legal expert and Director of the Transactional Skills Program at the University of Miami School of Law. A cum laude graduate from both Harvard Law School and Columbia University, she brings decades of experience, having worked as a commercial litigator in New York, employment lawyer in Miami, and as the Vice President and Deputy General Counsel for Ryder, a Fortune 500 company. Register for the Workshop Date: Wednesday, June 7th, 2023 Time: 10am PT / 1pm ET Duration: 2 Hours *Recording available for 30 days after the workshop. The Law Insider In-house Workshop Series is dedicated to delivering practical lessons and actionable resources on the most critical legal and transactional skills for in-house attorneys. This isn't a lecture. It's a hands-on and interactive workshop where you'll develop your own playbook for severance agreements. https://knowledge.lawinsider.com/severance-agreement-workshop/
In this episode of the Contract Teardown show, Adam David Long highlights changes to Bing's Terms of Use since they've added ChatGPT functionality. Long draws attention to risks related to: -Companies training their product with user inputs, -Commercial versus non-commercial uses, -Unreliability of AI outputs, and -Promises by both companies and users to not infringe on IP rights. View the contract here: https://www.bing.com/new/termsofuse
How do you balance the requirements of good drafting, being both accessible and thorough? Those goals seem to contradict each other. In this episode, Attorney Akash Kashyap addresses this conflict using the Nintendo Switch family of product's End User License Agreement. View the contract here: https://en-americas-support.nintendo.com/app/answers/detail/a_id/48058/~/nintendo-switch-family%3A-user-agreement
Entertainment attorney Julia Holt joins the Contract Teardown to discuss a license agreement between entertainment superstar Cardi B and an innovative alcohol brand. Holt notices some themes in her analysis: Cardi B has A LOT of power in the relationship, That power is reflected in some long-winded, artist-friendly terms, and Few artists have that power, but they can still rethink how they earn. Review the contract here: https://www.lawinsider.com/contracts/3GFFTrJdUS7
At ContractsCon 2023, attorney Shavon Smith walked through a biotech Master Services Agreement. The interesting context: this agreement was made between two companies responding to Covid the beginning of the pandemic. In such an unsure time, how can collaborating parties contract fairly and create quickly? The Master Services Agreement allows them to set flexible and clear terms. Learn more in this live episode. The Contract: https://www.lawinsider.com/contracts/3CDcawikXgP About Law Insider: We're all about contracts! Law Insider (https://www.lawinsider.com) is a subscription-based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/ Check out our reviews on G2: https://bit.ly/3cbBCZ1 Check out our tutorials: https://support.lawinsider.com Follow Law Insider on Twitter: https://twitter.com/lawinsider Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ======================================= Law Insider Promo Code: TEARDOWN2 =======================================
During ContractsCon 2023, Foster Sayers joined Mike Whelan to discuss OpenAI's Terms of Service and their application to ChatGPT. According to Sayers, the terms of service may have applied well to the users of OpenAI's API connections, but perhaps not everyday consumers. Now that ChatGPT is explicitly targeting consumers, should their terms change? Review the contract here: https://web.archive.org/web/20230228014736/https://openai.com/policies/terms-of-use
In this special episode, Mike Whelan is interviewed by Law Insider's director of business development, Molly Abel. They discuss the vision for Law Insider moving forward and make a special announcement. Head to lawinsider.com/resources for more details.
How detailed should your arbitration clause be? In this episode of the Contract Teardown show, guest Diana Isyanova shares three possible approaches. She argues that the relationship between the parties should dictate options, then the parties themselves should make informed choices. Watch to see how three transactions handled alternative dispute resolution options. Ebook referenced: https://www.lawinsider.com/resources/guides-and-checklists/is-your-arbitration-clause-complete Contracts referenced: https://www.lawinsider.com/contracts/fvyBpBmUAYl https://www.lawinsider.com/contracts/4gVJk8JwbBw https://www.lawinsider.com/contracts/83j3ldVHEgC
In this episode of the Contract Teardown, privacy consultant Avishai Ostrin explains the Data Processing Agreement, or DPA. The DPA protects companies from privacy breaches on third-party sites and data storage tools like Amazon Web Services or Slack. Listen as Ostrin details the crucial elements of a DPA and what red flags to look out for when drafting. About Law Insider: We're all about contracts! Law Insider (https://www.lawinsider.com) is a subscription-based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/ Check out our reviews on G2: https://bit.ly/3cbBCZ1 Check out our tutorials: https://support.lawinsider.com Follow Law Insider on Twitter: https://twitter.com/lawinsider Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ======================================= Law Insider Promo Code: TEARDOWN2 =======================================
Contracts are part of the whole customer experience, and getting them wrong can undermine relationships your business has fostered for years. In a special interview, three contract experts and gaming enthusiasts tell us how Wizards of the Coast dropped the ball when they rewrote their Open Gaming License. In this episode, we discuss The history of the original Open Gaming License (find our original interview with Bob Tarantino here), Wizards of the Coast's original attempts at revising the license (read the news here and here), and How contract language that's misaligned with a company's stated mission can undermine the business. (UPDATE 2/3/23: Wizards of the Coast was so moved by this dust-up that they moved the Dungeons and Dragons content to a Creative Commons license. Learn more here.) THE GUESTS: Bob Tarantino is entertainment lawyer and Open Gaming License enthusiast. While working on his PhD research, he studied the OGL and its place in gaming culture. Bob can be found at https://www.linkedin.com/in/bobtarantino/. Nancy Sims is the Copyright & Scholarly Communications Director at the University of Minnesota Libraries. She helps law library patrons and researchers across the world understand their intellectual property rights. Find out more about her work at copyrightlibrarian.com. Joshua Lenon is Lawyer in Residence and Data Protection Officer at Clio. He helps lawyers understand the rules that apply to them, as well as the companies (specifically, Clio) who serve them. Connect with Joshua at https://www.linkedin.com/in/joshualenon/. THE HOST: Mike Whelan is the author of Lawyer Forward: Finding Your Place in the Future of Law and host of the Lawyer Forward community. Learn more about his work for attorneys at www.lawyerforward.com.
Commercial lawyer Lynden Renwick tears down three examples of a limitation of liability clause. He discusses caps, carveouts, and exceptions, then gives his multi-stage model for managing contract risk. The Contracts: https://storage.googleapis.com/lawinsider-wordpress/1/2022/12/Peernet-license.pdf https://www.lawinsider.com/contracts/gn4fKDoCp4w#limitation-of-liability https://www.lawinsider.com/contracts/4q8nykvjvsz#limitation-of-liability About Law Insider: We're all about contracts! Law Insider (https://www.lawinsider.com) is a subscription-based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/ Check out our reviews on G2: https://bit.ly/3cbBCZ1 Check out our tutorials: https://support.lawinsider.com Follow Law Insider on Twitter: https://twitter.com/lawinsider Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ======================================= Law Insider Promo Code: TEARDOWN2 =======================================
IP attorney Nancy Delain shares her thoughts on a long-term licensing agreement that doesn't meet the need. She gives guidance on exclusivity, terms, royalties, and “void for vagueness” claims. The Contract: https://www.lawinsider.com/contracts/a0bWpzYC1UA About Law Insider: We're all about contracts! Law Insider (https://www.lawinsider.com) is a subscription-based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/ Check out our reviews on G2: https://bit.ly/3cbBCZ1 Check out our tutorials: https://support.lawinsider.com Follow Law Insider on Twitter: https://twitter.com/lawinsider Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ======================================= Law Insider Promo Code: TEARDOWN2 =======================================
Washington DC-based attorney Shavon Smith tears down a teaming agreement between Tactical Solutions Options and contracting powerhouse SAIC. The two companies wished to bid on new federal contracts but, with no particular project in mind, aimed to clarify jobs and relationships. Learn what they did well in their agreement and which red flags you'll want to look out for as you draft. The Contract: https://www.lawinsider.com/contracts/8qxHf2SPyy9 About Law Insider: We're all about contracts! Law Insider (https://www.lawinsider.com) is a subscription-based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/ Check out our reviews on G2: https://bit.ly/3cbBCZ1 Check out our tutorials: https://support.lawinsider.com Follow Law Insider on Twitter: https://twitter.com/lawinsider Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ======================================= Law Insider Promo Code: TEARDOWN2 =======================================
IP attorney Peter Speroni walks through Royal's Song Token Purchase agreement. This document builds on new forms of intellectual property ownership, including Non-Fungible Tokens (NFT) that bundle ownership rights. Peter asks important questions about the impact of NFTs on the music industry and the nature of fandom. The Contract: https://storage.googleapis.com/lawinsider-wordpress/1/2022/10/Royal.ioNasContract.pdf About Law Insider: We're all about contracts! Law Insider (https://www.lawinsider.com) is a subscription-based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/ Check out our reviews on G2: https://bit.ly/3cbBCZ1 Check out our tutorials: https://support.lawinsider.com Follow Law Insider on Twitter: https://twitter.com/lawinsider Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ======================================= Law Insider Promo Code: TEARDOWN2 =======================================
Attorney Sean Greaney shares his tips for services agreements that let employees leave work gracefully. Often called “garden leave agreements,” these contracts put former employees in a paid work position that keeps them from competing with the company. But, according to Sean, some standard clauses aren't right for this context. Watch for the red flags he sees in a specific Independent Services Agreement. About Law Insider: We're all about contracts! Law Insider (https://www.lawinsider.com) is a subscription-based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/ Check out our reviews on G2: https://bit.ly/3cbBCZ1 Check out our tutorials: https://support.lawinsider.com Follow Law Insider on Twitter: https://twitter.com/lawinsider Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ======================================= Law Insider Promo Code: TEARDOWN2 =======================================
Listen as attorney Julie Grantham walks through her own Agreement for Marketing and Brand Development Services. She shares how she works with clients to address concerns while modernizing their understanding of creative work product. About Law Insider: We're all about contracts! Law Insider (https://www.lawinsider.com) is a subscription-based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/ Check out our reviews on G2: https://bit.ly/3cbBCZ1 Check out our tutorials: https://support.lawinsider.com Follow Law Insider on Twitter: https://twitter.com/lawinsider Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ======================================== Law Insider Promo Code: TEARDOWN2 ========================================
When your golfing buddy offers advice for your business, do you hire her on as a consultant? How formal should your agreement be? In this episode, attorney Arthur Baker gets practical. He evaluates what must be included in a contractor agreement and where flexibility is more important. Get details on questions like payment terms, expected deliverables, termination, and more. Follow along with Arthur as he reviews this simple but significant agreement. About Law Insider: We're all about contracts! Law Insider (https://www.lawinsider.com) is a subscription-based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/ Check out our reviews on G2: https://bit.ly/3cbBCZ1 Check out our tutorials: https://support.lawinsider.com Follow Law Insider on Twitter: https://twitter.com/lawinsider Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ======================================== Law Insider Promo Code: TEARDOWN2 ========================================
When a company lets go of an upper-level employee, they might have them sign a separation agreement, especially when there's confidential information to protect. In this episode, Mathew Kerbis tears down a Confidential Separation Agreement & General Release of All Claims. Listen as he offers advice on how to smooth an employee's exit and guarantee company secrets stay privileged. Kerbis also has some great bonus tips on avoiding careless drafting mistakes that you won't want to miss! About Law Insider: We're all about contracts! Law Insider (https://www.lawinsider.com) is a subscription-based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/ Check out our reviews on G2: https://bit.ly/3cbBCZ1 Check out our tutorials: https://support.lawinsider.com Follow Law Insider on Twitter: https://twitter.com/lawinsider Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ======================================== Law Insider Promo Code: TEARDOWN2 ========================================
In contrast to other types of business contracts, LLC agreements are generally drafted around the explicit purpose of the company and the needs of the partners. In this episode, Keaton Frieberg tears down the LLC Agreement for Compound Projects, a member-run real estate investment group. Listen as Frieberg explains how a great contract can foster strong partnerships, protect all involved, and keep LLC members focused on their business's growth and success. About Law Insider: We're all about contracts! Law Insider (https://www.lawinsider.com) is a subscription-based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/ Check out our reviews on G2: https://bit.ly/3cbBCZ1 Check out our tutorials: https://support.lawinsider.com Follow Law Insider on Twitter: https://twitter.com/lawinsider Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ======================================== Law Insider Promo Code: TEARDOWN2 ========================================
Some content streaming services have been known to unfairly cut off lucrative partnerships, so it's important that creators protect themselves with an airtight contract. In this episode, attorney and digital entertainment enthusiast Hannah Baker tears down Twitch's Affiliate Agreement, which thousands of digital content makers sign in order to stream on the platform. Listen as she explains what this contract of adhesion—along with some interesting case history—can tell us about drafting for high-earning content partnership deals. About Law Insider: We're all about contracts! Law Insider (https://www.lawinsider.com) is a subscription-based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/ Check out our reviews on G2: https://bit.ly/3cbBCZ1 Check out our tutorials: https://support.lawinsider.com Follow Law Insider on Twitter: https://twitter.com/lawinsider Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ======================================== Law Insider Promo Code: TEARDOWN2 ========================================
Stock Purchase Agreements cover complicated business transactions that can take months to close. These contracts include purchase price mechanisms to account for when the business's value might change between the execution date and the closing date. In this episode, attorney James Raanan tears down Global Imaging System's Stock Purchase Agreement and shows the evolving use of purchase price mechanisms to account for changing business valuations. About Law Insider: We're all about contracts! Law Insider (https://www.lawinsider.com) is a subscription-based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/ Check out our reviews on G2: https://bit.ly/3cbBCZ1 Check out our tutorials: https://support.lawinsider.com Follow Law Insider on Twitter: https://twitter.com/lawinsider Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ======================================== Law Insider Promo Code: TEARDOWN2 ========================================
Businesses use sweepstakes to improve their brand awareness, increase their customer base, and raise funds. In this episode, attorney Alina Lee reviews a recent contest by the Audi Car Club of North America, in which the iconic 1985 Quattro Coupé was the winning prize. Lee explains what Audi did right and what they could have done better, and offers tips to advise your client on their next online marketing giveaway. About Law Insider: We're all about contracts! Law Insider (https://www.lawinsider.com) is a subscription-based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/ Check out our reviews on G2: https://bit.ly/3cbBCZ1 Check out our tutorials: https://support.lawinsider.com Follow Law Insider on Twitter: https://twitter.com/lawinsider Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ======================================== Law Insider Promo Code: TEARDOWN2 ========================================
Employment agreements are becoming more common in today's labor market, as workers aim to secure rights and compensation with the power of a contract. Listen as Mark Osherow, business litigator, explains that the best contracts are ones that treat workers with respect and facilitate healthy recognition of an employee's value. About Law Insider: We're all about contracts! Law Insider (https://www.lawinsider.com) is a subscription-based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/ Check out our reviews on G2: https://bit.ly/3cbBCZ1 Check out our tutorials: https://support.lawinsider.com Follow Law Insider on Twitter: https://twitter.com/lawinsider Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ======================================== Law Insider Promo Code: TEARDOWN2 ========================================
In real estate, drafting a sale and purchase agreement using a standardized form can be a great way to save time and effort. However, lawyers still need to know how to spot red flags that could bring their client unwanted consequences. In this episode, New York-based attorney and licensed real estate broker Di Ma explains that when it comes to representing your client, it's not always about the contract in itself. Most important is the lawyer behind it all who can adapt a form agreement to their client's needs. About Law Insider: We're all about contracts! Law Insider (https://www.lawinsider.com) is a subscription-based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/ Check out our reviews on G2: https://bit.ly/3cbBCZ1 Check out our tutorials: https://support.lawinsider.com Follow Law Insider on Twitter: https://twitter.com/lawinsider Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ======================================== Law Insider Promo Code: TEARDOWN2 ========================================
The developers of video game sensation Fortnite violated their contract with Google, making a case that the tech giant has a monopoly on the mobile gaming marketplace. Watch as corporate attorney Arianna Mendez tears down the Google Play Developer Distribution Agreement and explains how Epic Games is using litigation to bring about economic and social change. Considering that until recently, Fortnite fans couldn't play on their mobile devices due the ongoing lawsuit, and the Google case is still pending, the stakes are high. Either the game developer will successfully overhaul how big tech operates in the global economy, or Google and Apple will continue setting industry terms. In what follows, we take a deep look at the Google Play Developer Distribution Agreement that Epic Games signed and then broke in order to spur a lawsuit. It's an interesting case of one giant taking on another in an attempt to change the marketplace through contracts. Ultimately, the example shows that a contract is only as strong as each party's intention to uphold their end. About Law Insider: We're all about contracts! Law Insider (https://www.lawinsider.com) is a subscription-based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/ Check out our reviews on G2: https://bit.ly/3cbBCZ1 Check out our tutorials: https://support.lawinsider.com Follow Law Insider on Twitter: https://twitter.com/lawinsider Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ======================================== Law Insider Promo Code: TEARDOWN2 ========================================
Contracts for boat sales are unique for many reasons, including how they must consider maritime law. In this episode, attorney Phil Powell digs into a vessel purchase and sale agreement to explain how it is shaped by the particularities of a floating asset. As the in-house counsel to a company with a commercial fishing and research fleet, he has a lot to say about contracts for buying and selling large vessels. So let's tear it down! About Law Insider: We're all about contracts! Law Insider (https://www.lawinsider.com) is a subscription-based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/ Check out our reviews on G2: https://bit.ly/3cbBCZ1 Check out our tutorials: https://support.lawinsider.com Follow Law Insider on Twitter: https://twitter.com/lawinsider Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ======================================== Law Insider Promo Code: TEARDOWN2 ========================================
Elon Musk made headlines when he offered to buy Twitter. Then he caused a stir when his lawyers tried to absolve him from the deal by claiming breach of contract. There are still lots of questions about what is actually in the contract and if Musk's claims are enforceable, so we enlisted the expertise of Contract Teardown veteran James Raanan. Watch as he tears down the Musk/Twitter Sale Agreement and Plan of Merger and examines where Musk's lawyers found reason to end the deal. Contract: https://www.lawinsider.com/contracts/cmcxt8A0Vln#:~:text=and-,TWITTER,-%2C%20INC.&text=%E2%80%9CSilver%20Lake%20Investment-,Agreement,-%E2%80%9D%20means%20the&text=AND%20PLAN%20OF-,MERGER,-THIS&text=by%20and%20among-,Twitter,-%2C%20Inc.%2C%20a About Law Insider: We're all about contracts! Law Insider (https://www.lawinsider.com) is a subscription-based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/ Check out our reviews on G2: https://bit.ly/3cbBCZ1 Check out our tutorials: https://support.lawinsider.com Follow Law Insider on Twitter: https://twitter.com/lawinsider Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ======================================== Law Insider Promo Code: TEARDOWN2 ========================================
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