Contract Management

Jul 31, 2020  |  Director's Blog

Force Majeure: A Non-Issue When it Comes to COVID Supply Chain Disruptions

Early in the pandemic, many lawyers were licking their chops, thinking about the stream of force majeure lawsuits that would be coming their way, with manufacturers suing suppliers, and vice versa, all using force majeure as a contractual escape hatch […]

May 1, 2020  |  Director's Blog

Catastrophic Impacts of COVID19 in Bangladesh Apparel Supply Chain

An article written by my former PhD student, Rejaul Hasan, and I just came out this week in Contracting Excellence, the journal published by IACCM, which documents the catastrophe that is unfolding in Bangladesh, one of the world’s major exporters […]

Apr 6, 2019  |  Director's Blog

Can Technology Improve Contract Renewal Processes? Paper 4 in the Series on Contract Management

Our fourth paper in our series on contract management features a great summary by Sara Sonderman, who pulls together some great information on the application of technology in contract management and renewals.  Lots to think about here… and also a […]

Apr 3, 2019  |  Director's Blog

Summary of Development and Manufacture Contracts in the Aerospace and Defense Industries

Our third contract research paper is by James Wilkinson, focusing on aerospace contracts which typically entail a great deal of risk (as illustrated by the Boeing 737 MAX incident…) The type of contract of interest in this report is for […]

Apr 1, 2019  |  Director's Blog

Risk Management in Contract Pharmaceutical Development: Contract Research Part 2

The second installation in our series on contract management research published by MBA students from my online Contract Management class is by Julia Condit, and focuses on the challenges of managing contracts in the pharmaceutical industry.  As pharmaceutical companies go […]

Mar 30, 2019  |  Director's Blog

Smart Contracts in a Paper World

This is the first of several research articles on contract management produced by our MBA students in our online Contract Management class.  The first of these is by Mike Petrillo, reviewing what smart contracts are and how they can change […]

Oct 6, 2018  |  Director's Blog

The Legalization of Intelligent “Smart” Contracts

Today’s post is from my good colleague, Joe Yacura, who is a collaborator on our data analytics annual survey. Blockchain technology is bringing about the potential to create and benefit from Intelligent “Smart” Contracts (ISCs). While the creation and use […]

Apr 28, 2018  |  Articles

SCRC Executive Panel Discussion: “Relational Contracting in an Uncertain Ecosystem”

A panel of industry practitioners offered their views on how market trends and technologies are impacting contract management and relational contracting at the latest SCRC meeting on April 19.  Thank you to our guest writer, Kirsten Gallagher, from the Global […]

Apr 23, 2018  |  Articles

Relational Contracting Part III:   Tim Cummins on “Shifting Your Mindset to Collaborative Value”

Tim Cummins, CEO of IACCM, is intent on driving change.  He is traveling around the globe, speaking with foreign ministries in Dubai, the Australian navy, the Canadian Department of Defense, and the General Services Administration in DC.  We were fortunate […]

Apr 22, 2018  |  Articles

Relational Contracting Part II: Four Numbers to Be Concerned About in Global Economics

Jason Schenker, a worldwide leader in global economic forecasting, brought a spirit of levity and predictive insights to a subject that is often mired in gloom:  economics!  Jason, who founded the Futurist Institute, commented on some of the major changes […]