The rate of technological growth around the world is truly transformative, and shows no signs of slowing down. According to Moore’s law, computer processing speed will double every 18 months, which in turn will result in greater capabilities for associated technologies. No one knows if this exact rate of growth will hold true, but it’s undeniable that technology has increased and innovated at an exponential rate in recent times.Read More
In today’s society, more so than ever before, business managers are bombarded with technological products and concepts, and must make sound decisions on behalf of the organization. Hardly a day passes that someone isn’t touting and attempting to sell the latest and greatest innovation. Of course, some innovations stand the test of time, while other ideas fall flat and fizzle. Believe it or not, there was a time when some people eschewed computers and email, firmly believing that snail mail and a fax machine connected to a landline would carry their business into the next century.Read More
Many professionals deal with contract management and its many benefits on a daily basis. However, some people have had less exposure to the concept, and “contract management” is a term that has little real meaning. That’s completely understandable, given the rapid pace of technological change.Read More
If you’ve signed many contracts in your life, chances are you’ve seen some real doozies. Some contracts can be dozens, or even hundreds, of pages long. Think about a lease agreement you signed, or all the documents you reviewed at the closing on a real estate purchase. Or maybe you’ve had the misfortune of being asked to read a business agreement chock full of definitions and awkward-sounding paragraphs filled with legalese. Or perhaps you deal with your company’s contracts on a daily basis and we’re preaching to the choir. At any rate, even lawyers, in the middle of reviewing a complicated contract, are sometimes forced to fight off sleep and boredom by grabbing another cup of coffee and starting over from the beginning.
Unless you're a contract law attorney, you probably don't lie awake at night asking yourself what a contract is. But in our modern economy, we live in a world that is, in many ways, defined by contracts.Read More