What Makes a Contract Legally Binding? How To Manage Legal Contracts.

By Sean Heck on 10/13/22

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Contracts and agreements power every industry. We would even venture to guess that virtually every business utilizes contracts in some form or another. As such, organizations must ensure that their contracts are properly prepared and legally enforceable.

Let’s review what makes a contract legally binding, and how to manage legal contracts to ensure that they are virtually airtight from contract execution to contract renewal.

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Contract Clause – An Overview of How Contracts & Clauses Come To Be

By Sean Heck on 09/13/22

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Contract clauses and contracts themselves are built into the identity of the United States and so many other great nations. With the help of historic Supreme Court rulings, the contract and the contract clause were weaved into the cultural fabric of US society.

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What Is a Contract Amendment? How Can Contract Amendments Be Managed?

By Sean Heck on 08/30/22

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A contract amendment is a modification of the terms and conditions of a contract or subcontract.

Though we will explore contract amendments more in-depth, it is worth noting that changing the structure, duties, obligations, or rights of a contract requires increased oversight.

To that end, let's explore contract amendments and how disparate, important, and sensitive information can be managed, and contract amendments can be executed smoothly for effective contract management.

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6 Elements of a Contract - An Easy-to-Understand Overview

By Sean Heck on 08/25/22

reading-minutes-icon-one-color 4 min read

Business relationships power various industries within the public and private sectors. At the crux of virtually every business relationship is a contract. Contracts serve to cement the obligations, duties, and expectations of two or more engaged business parties.

But what are contracts really? How do they work on a fundamental level?

Let’s explore six key elements of a contract that are widely applicable to almost every business relationship – and why they matter for effective contract management.

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