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08 September 2022 ·

STOP, LOOK, and LISTEN Before Signing that Contract!

Oh, such a nice dream -- skipping the contract review process!  Please don’t do that!  Your only approach, really, is to create a well-documented process, then identify all potential risks before signing the contract.  The saying, hindsight is 20/20 fits perfectly when it comes to contracts, doesn’t it? In an ideal world, the department managing the contracting process would be notified by the business unit far in advance with plenty of time to review the contract. But it’s not an ideal world!  If you think cutting corners doesn’t lead to problems, think again!


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