Why standard contract terms can be bad for you

By Kate Vitasek If your company is like most, it promotes ‘boilerplate’ contracts or, at a minimum, pushes for standardised terms, such as contract length, warranties, a 30-day termination of convenience clause or 90-day payment terms. While this may make your lawyer and Chief Financial Officer (CFO) happy, Russell Korobkin suggests that using standard contract […]

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