I met University of Vermont Law Professor Oliver Goodenough recently at an IACCM/Stanford Law School event that discussed the future of contracts. He posed this question: “Does the term “contract” come with baggage?” The discussion that followed was lively. The simple fact of the matter is today’s mental model of a contract does come with […]
The Inherent Failures of Long-Term Contracts — and How to Fix Them HBR IdeaCast interview with Oliver Hart and Kate Vitasek on 3 Sept. 2019. Here is the link: https://hbr.org/ideacast/2019/09/the-inherent-failures-of-long-term-contracts-and-how-to-fix-them.html
“A new Approach to Contracts,” article by David Frydlinger, Oliver Hart and Kate Vitasek published in the September-October edition of the Harvard Business Review. Here is the link: https://hbr.org/2019/09/a-new-approach-to-contracts
Even for complex business contracting issues the basic language need not be obscure, opaque and unreadable.