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You Call Them Business Partners, But Your Contract Says Otherwise

Ensure your contract is fair in both directions

Photo by Romain Dancre on Unsplash.

Mike Figliuolo
Wed, 01/10/2024 - 12:03
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Your legal department is screwing up. Royally.

ADVERTISEMENT

You work hard to build relationships with other businesses. How many hours do you invest getting closer to partners, customers, and suppliers? And then that wonderful handshake happens, and it’s time to hammer out the agreements. That’s when Larry the Litigator takes over.

Larry’s a generally good guy. He’s a great corporate attorney. His main mission in life is to protect your organization from litigation. Sometimes he even generates real bottom-line value with the way he constructs contracts. The problem is, he’s gotten so aggressive in constructing legal agreements that he’s negatively affecting all those relationships you worked so hard to build.

 …

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