All posts tagged Legal
Managing and overseeing contract execution can be difficult, stressful, and time-consuming. Manual contract risk assessment can cost organisations money and time. It can also lead to costly and potentially disastrous instances of contract management.
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Even though COP26‘s outcome was not perfect, it is clear that we all have a responsibility towards our planet. And now is the time to act.
Individual citizens aside, the first ones that are able to make an impact in this area are companies, especially the ones that depend on a global supply chain network (for example) or a large ecosystem of suppliers and partners.
A clear and effective strategy for ESG has become a “must-have” for businesses.
Let’s have a look at the benefits of implementing sustainable business, climate clauses and obtaining green credentials…
Photo by Markus Spiske from Pexels.
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Decentralization over blockchain infrastructures is a fundamental aspect in the adoption of the technology and is the main reason why it has acquired increasing importance in the last decade. The technology emerged to implement peer to peer transactions of digital money that could displace commercial banks’ gatekeeping of digital transactions of bank deposits and central banks’ monopoly over the value (and therefore supply) of fiat money. And it has gone a long way since then.
Reading time: 10 minutes. Photo by Thought Catalog on Unsplash.
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Redesigning your contract using Legal Design Principles presents a way to streamline contracts to make them more understandable to everyone who reads them. Achieving such a level of standardization means your contracts are clear, legible, and binding.
Reading time: 3 minutes. Photo by Ben Kolde on Unsplash
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Globalization – and now the COVID-19 pandemic – created new barriers to doing business but also presented new opportunities for the increased adoption of blockchain technology. And more specifically – smart contracts.
Examining the current Regulatory Framework For Smart Contracts and opening a debate for potential improvement in the existing regulatory framework for smart contracts is the objective of this article.
Reading time: 5 minutes, Photo by Tingey Injury Law Firm on Unsplash
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There is no doubt as to the vast benefits of using blockchain and smart contract technologies as a way to create a fair and transparent approach towards commercial contracting.
Being so nascent, blockchain presents a unique opportunity for lawyers to position themselves as trusted strategic advisors to clients. However, the question regarding the regulatory framework surrounding blockchain technology remains.
It is necessary for lawyers to get on with the times and become familiar with blockchain and smart contracts technologies and especially understand how it is impacting clients and how it may impact the legal profession as a whole.
Reading time: 4 minutes, Photo by Mateus Campos Felipe on Unsplash
