Contract Nerds

?? Looking for the perfect gift for a contracts professional in your life? We've curated a list of unique gifts that combine practicality with personality - from legal tech accessories to professional development opportunities. Our top picks include: ?? A delightfully nerdy desk calendar ?? Professional development books ?? Conference tickets for networking and learning ?? Tech-savvy accessories that make contract work more enjoyable Whether they're your colleague, mentor, or the contracts expert who always has your back, these gifts will make your favorite contracts professional smile this holiday season! Check out the full list on Contract Nerds >> https://lnkd.in/esymfCv4 #ContractNerds #LegalTech #ContractManagement #LegalOps

Say hello to LegalSifter – our sponsor of the month! You’re invited to explore how LegalSifter can become your partner for contract operations. Our Contract Control ProgramTM includes: ??AI-Powered software ??Contract Expertise ??People Let us show you how it works—request a demo today: https://lnkd.in/gxq4E-Qi #legalsifter #combinedintelligence #contractoperations?#sponsoredby LegalSifter

?? What are the most critical agreement clauses to get buy-in from the other side for a win-win outcome? Contract Nerds is presenting the last FREE CLE/CPE* webinar of the year on Thursday, December 12th at 9 am PST/ 12 pm EST / 4 pm GMT- “The Dos and Don'ts of Agreement Reviews and Negotiations”! Experienced agreement reviewers, Jessica Nguyen, Nate Kostelnik, Laura Belmont, and Nada Alnajafi, will walk viewers through a sample agreement, and talk through example contract redlines and explanations for the following key legal provisions: Data Use and AI Related Clauses, Termination Rights, Indemnification, and Limitation of Liability. ??? REGISTER HERE >> https://lnkd.in/gpMYWhhz! Big thanks to Docusign for sponsoring! *Live attendees have the opportunity to receive either a: 1) Certificate of Attendance for Continuing Legal Education (CLE) for U.S. lawyers; 2) Certificate of Attendance for Continuing Professional Education (CPE) for contract managers; or 3) general Proof of Attendance. One certificate per person. CLE Approved:?CA CLE Pending: FL, TX, WA CLE Self-Reporting: AK, AL, AR, AZ, CT, CO, HI, IA, ID, KY, NC, NH, NJ, NV, MN, MO, MT, MD, OR, RI, SC, TN, UT, VA, WI, WV, WY. We can provide you with a certificate of completion but please check with your state bar for self-reporting requirements and steps. CLE Credits: 1.25 general credit CPE Credits: 1 #contractnerds #legalops #negotiationskills #contractreview #contractnegotiation

Your job as an in-house lawyer is not only to be technically proficient, but also to make your boss (and your legal team) look good. Below check out three techniques to make your boss look so that YOU can look good too! ?? ?? Keep up with product updates and industry standards that could affect your contracts. Read up on changes – through industry blogs, client alerts from law firms, webinars, podcasts, etc. ?? Know and match your boss’s risk tolerance and review contracts accordingly. If your boss feels strongly about certain contractual provisions, know which sections and which edits to prioritize. ?? Draft concise emails that frame issues, highlight recommendations, and provide context efficiently. It is essential that your emails to your boss make clear your recommendation. In the context of contracts, your boss wants to know how you plan to resolve negotiated issues, not just the positioning of each side. David Sclar, an experienced general counsel, technology, compliance, and privacy lawyer with healthcare expertise, and Author of Amazon bestseller “Workplace Strategies for Technology Lawyers”, shares more in this article. ?????? READ IT HERE >> https://lnkd.in/esKr74Hy #contractnerds #legaltech #legalops #legalcommunity #inhouselawyer

Our final webinar of the year is open for registration! Don't miss out on your last chance this year to: ? Learn about contracts from our expert speakers ? Get CLE or CPE credit ? Win a Contract Nerds holiday ornament ? Engage with this community in the chats REGISTER HERE: https://lnkd.in/gpMYWhhz #agreements #reviewingcontracts #inhousecounsel #generalcounsel #legalcounsel #continuinglegaleducation #continuingprofessionaleducation #dosanddonts

??? How does legal design differ between a consumer-facing agreement versus a negotiable commercial agreement? Hear what the experts, Tessa Manuello ??and Linsey Krolik have to say?in this video! --------------- If you missed our webinar on "How to Apply Legal Design to Improve Your Contracts", you can still access the recording and materials here: https://lnkd.in/enNHY6xJ #contractnerds #legaldesign #legalcommunity #contractnegotiation #attorneys

Let’s face it, construction material pricing has reached historical volatility levels the last few years. ?? ?? ?? Who bears the risk that will inevitably result from such a volatile market? And how can we mitigate such risks? There are three types of pricing structures for construction agreements: ??♀? Fixed-Price Contracts Fixed-price or “hard bid” contracts are structured so that the contractor bears the risk of material price escalation because the price is fixed and not subject to adjustment due to changing market conditions. ?? Cost-Plus Contracts Cost-plus contracts result in the owner absorbing the risk of material price escalations. ??♂? Cost-Plus with a Guaranteed Maximum Price Contracts A cost-plus fee with a guaranteed maximum price (“GMP”) contract is structured to protect the owner and the contractor. Josh Bell, Blake Head, and Jackson Parker share about the variety of approaches to mitigate the risk of material escalation depending on the pricing model selected for construction contracts. To learn more check out the full article ?????? https://lnkd.in/g6Ace6Ti #contractnerds #constructionlaw #constructiondisputes #disputeresolution #contractnegotiation

?? The future of SaaS licensing is being rewritten by AI and automation. ?? Think about it: ?? If an AI performs tasks of 10 humans 24/7, should it consume one license? ?? How do we measure API integrations running autonomously? ?? What happens when reports are shared with external auditors? ?? The future of SaaS licensing must balance: ? Fair compensation for providers ? Technical scalability ? Customer adoption of new technologies ? Revenue recognition requirements As attorneys and business leaders, we need to innovate our licensing frameworks before technology outpaces our contracts. Swipe left or click through for key insights on: ?? Traditional vs. modern models ?? AI challenges ?? Future trends ?? Strategic considerations To learn more, visit https://lnkd.in/eNfZt3dV! ----------- For more expert insights on Technology Agreements from Contract Nerds ?? ??, go to https://lnkd.in/eSts6xc7. #contractnerds #SaaS #techlaw #techagreements #contracts

?? The SaaS Licensing Evolution: Are Your Contracts Ready for AI? One often overlooked aspect of SaaS contracts is becoming a game-changer: customer usage rights. Here's what's keeping legal teams up at night: ?? Traditional Models Are Breaking ?? Named user licenses don't work for AI agents ?? Concurrent licenses struggle with automated systems ?? Usage-based pricing needs redefinition The New Reality: ?? AI performs tasks 24/7 at superhuman speeds ?? APIs trigger automatic actions without human intervention ?? Reports are shared across organizational boundaries ?? Integration with third-party systems creates complex usage patterns ?? Big Question: How do we measure and price value when machines, not humans, are the primary users? For SaaS providers, this isn't just a legal challenge—it's a strategic imperative. Your licensing model could be the difference between capturing and losing value in the AI era. ?? The Solution? Smart companies are exploring: ?? AI-specific licensing tiers ?? Consumption-based models ?? Hybrid approaches that account for both human and machine usage As a tech attorney, David Cohen is seeing this transformation firsthand. The companies that adapt their licensing models now will lead tomorrow. READ MORE >> https://lnkd.in/eNfZt3dV What's your take on the future of SaaS licensing? #contractnerds #SaaS #contracts #contractdrafting #SaaStr #artificialintelligence

We offer CLE, CPE, and a generic Proof of Attendance to those who attend our webinars live! ????