Resources for drafting and negotiating better contracts.

Contract Teardown

OpenAI's Terms of Service

OpenAI is an artificial intelligence (AI) research and deployment company that started in 2015 when Elon Musk, Sam Altman, and others formed the company and pledged more than one billion dollars. As an AI research laboratory and company, OpenAI has one of the most advanced AI language model producing human-like content. Lawyer and legal technology entrepreneur Justin MacFayden explains how OpenAI tries to use its Terms of Service to create a sharing culture, while still imposing ethical and legal limits.

Purchase Agreement from Tesla

Home solar panels are a huge business and Tesla is constantly in the news with their new solar panels and technology. In this episode of Contract Teardown, business attorney Jeffrey Pomeranz digs into Tesla’s solar panel Purchase Agreement. This is a large purchase for the homeowners and attorney Pomeranz  shows how a poorly drafted contract can get in the way of the sales cycle.

Comparing Three Master Service Agreements

When lawyers negotiate service agreements, the language they use defines more than just the legal terms of the contract. It can also have a direct financial impact on how the company reports and recognizes revenue. Attorney Andrew Antos and accountant Nick Tiscornia compare three service agreements and show how your choice of contract language can directly impact the company's financial side.

LexRatio's Software Development Agreement

Software Development Agreements are there to improve the relationship between a client and a software development team. If everything goes according to plan, this agreement will only be looked at once. But if the worse should happen, having a clear and solid agreement can save thousands in legal fees and lost time. Slovenian attorney and legal technology founder Marcel Hajd tears down his own contract for software development. Looking at it from both the attorney and client perspectives, Marcel walks us through liability and priorities. Especially considering that this needs to be an agile agreement.

Drafting

Y-Combinator SAFE Agreement Briefing

Matias expounds on his teardown of the Y Combinator SAFE Agreements, discussing why this document is important and some of the common practices to watch out for.

Cannabis Simple Agreement for Future Equity

The primary goal of the cannabis Safe is to address the regulatory complexities that come with raising money in the industry. For example, depending on whether a company is raising a priced round (i.e., selling equity at a fixed valuation) or a convertible security round (i.e., a Safe or convertible note), each triggers different regulatory reporting and/or approval processes.

Negotiation Skills – Art of Manipulation

The role of lawyers in a transaction ranges not only from document drafting and reviewing but also to negotiating. In fact, from my perspective, drafting and reviewing documents are the basic skills that each and every lawyer must be well-equipped with while negotiation technique is what defines an outstanding lawyer.

How to Write an International Commercial Arbitration Agreement

Successfully crafting an international commercial arbitration agreement requires the writer to incorporate certain fundamental elements into the text.

Featured

Law Insider Announces Partnership with Eigen Technologies

Law Insider, the leading contract and clause database, today announces an exclusive partnership with Eigen Technologies, the global Document AI technology provider.

Cannabis Simple Agreement for Future Equity

The primary goal of the cannabis Safe is to address the regulatory complexities that come with raising money in the industry. For example, depending on whether a company is raising a priced round (i.e., selling equity at a fixed valuation) or a convertible security round (i.e., a Safe or convertible note), each triggers different regulatory reporting and/or approval processes.

Law Insider Announces Content Partnership with Laura Frederick

Law Insider is announcing today its partnership with attorney and contracts expert Laura Frederick.

Kanye’s Contracts (Full PDF)

Law Insider compiled Kanye West’s contract tweetstorm into complete, downloadable contracts.

Webinars

Force Majeure Webinar with Farshad Ghodoosi

Force majeure clauses are a hot topic in the post-Covid world. But how can you make more data-informed drafting and counsel decisions for your clients? Professor Farshad Ghodoosi shared his substantive research of thousands of force majeure clauses and cases during an exclusive Law Insider webinar. His insights clarify how courts treat force majeure language and help you craft better clauses.

How to Negotiate Compliance Contract Provisions

Ethics and compliance concerns pervade today’s business world. Companies worry about everything from conflicts of interest to ethics to anti-bribery. Because of their importance, it is critical that we properly address compliance in our contracts. Everyone who works with contracts needs to know what compliance provisions should say and how to negotiate them.

How to Negotiate Payment Contract Provisions

Precise and clear price and payment contract provisions are critical to the success of every commercial deals. While most attorneys and professionals have no problems drafting simple price and payment provisions, they may find themselves challenged when the terms and issues become more complex.

How to Negotiate Cybersecurity Contract Provisions

In this on-demand webinar, our host Laura Frederick speaks with Raella Dyke, Deal Support Lead, Cybersecurity Governance, Risk & Compliance at HP, and Carlyn Epstein, Corporate Counsel at The Clorox Company.

Guides & Checklists