Managing contracts effectively and efficiently are central to the very existence of the legal department. And those contracts and the relationships they secure are central to the existence of the ...

A National Bureau of Economic Research paper highlights new research on how to overcome contractual incompleteness. Traditional contracting approaches have inherent flaws and a “new approach” that ...

Some processes can be tackled like jigsaw puzzles: one piece at a time, in no particular order, because once the puzzle is complete — even if you use a method that takes you longer — you will end up ...

Contract management involves overseeing agreements made with suppliers, customers, partners and employees. Effective oversight is critically important because sales can be lost and regulatory ...

In a contract governed by federal law, does “The End” really mean “The End”? Some federal courts have said “no,” but the U.S. Supreme Court has just said “yes.” Most contract cases in federal court ...

Organizations could realize savings that equal up to 2 percent of total annual costs by eliminating inaccuracies and noncompliance through contract management automation, according to Pricewaterhouse ...

The Business Dictionary helps define a management contract. According to the Business Dictionary, a management contract is an "agreement between investors or owners of a project, and a management ...