No modern corporation can survive without contracts, both internally (e.g., employment contracts) and with third-parties. Management of the latter is the focus of this piece. Most companies do not ...

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 ...

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 ...

Although legal terminology can make reading and understanding a contact challenging, the principals involved are straightforward. A contract written on a cocktail napkin is just as valid as one ...

Opinions expressed by Entrepreneur contributors are their own. Do you know where all your contracts are? If you don’t, you’re not alone. According to a report in the Journal of Contract Management, 71 ...