Pactum

news and views on contracts, agreements and all the fine print in between

Friday, January 26, 2007

Bye-Bye Billable Hour

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Cisco General Counsel Mark Chandler doesn't mince his words when it comes to law firms and their addiction to the billable hour: As Cisc...
Thursday, January 25, 2007

FSA Goes Soft on Contract Certainty

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I always thought "certain" meant 100% certain. How can something be "certain" if it's only 90% certain? It just does...
Wednesday, November 15, 2006

Are Governance Standards the Solution to IT Contract Blowouts?

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An attention-grabbing article in The Australian IT starts with a couple of IT contracting horror stories, but quickly drifts off on a rathe...
Monday, October 30, 2006

Clean Contracting is Scary as Hell

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According to the Coalition for Government Procurement (a vendor lobby group in the US), the Clean Contracting Act proposed by Democrat Rep....
Thursday, October 26, 2006

Everything You Ever Wanted to Know About Precedent Automation

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But were too afraid to ask. Precedent automation. Document assembly. Online legal services. Disruptive innovation. Precedent economics. It w...
Tuesday, October 24, 2006

Contract Certainty by Stealth

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With Lloyd's having tried and failed with the big bang approach to taking its insurance market online (Kinnect was shut down earlier th...
Wednesday, September 06, 2006

How to Waste $34 Billion on Homeland Security

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For some good ideas about what not to do, government procurement officials would do well to read the US House of Representatives Committee ...
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