by Arc | Jul 29, 2024 | Blog, Business Contracts |
“Time is of the essence” is a strange little phrase which often rears its head in negotiations. It is not as innocuous as it might seem. It does have legal significance, which we explain below from the perspective of the supplier. If in relation to a contractual...
by Steve O'Connell | Nov 20, 2023 | Blog, Business Contracts |
Many years ago, whilst working for an international law firm, I trotted along from my offices in central Birmingham to a meeting room in a hotel with a job to do: review all the customer and procurement contracts of a selling business for our client, the prospective...
by Steve O'Connell | Sep 22, 2022 | Blog, Business Contracts |
Terms and Conditions Many businesses now use Standard Terms and Conditions (STCs) as their document of choice to record the basis on which they sell their goods or services. It’s common practice not to get STCs signed but to refer to them in sales documents or send a...
by Steve O'Connell | Jun 23, 2022 | Blog, Business Contracts |
Software development projects are often complex and whilst a good contract supports a project, it is also important to ensure that the project is robustly managed, especially in relation to scope creep (see 1 below). 1.Scope Creep We’ve all been there. You are...
by Steve O'Connell | Jun 10, 2022 | Blog, Business Contracts |
Most businesses understand the need to get a set of terms and conditions in place to set out the basis on which they sell their goods and/or services. This, however, is only half the story. Many businesses who have taken the step to have bespoke terms and conditions...
by Steve O'Connell | May 27, 2022 | Blog, Business Contracts |
It is very common in contracts to see some lovely elaborate wording around a process that says the parties will get together each year and review the contract price and then they may agree to increase the price. Unfortunately, this gives the supplier absolutely no...
