Recent Posts by Apoorva Chiplunkar

Make or Break Moments in the Contract Management Process

For many companies, contract management is an often overlooked business operation, with few resources or personnel devoted to this important facet of running a business. Unfortunately, this frequently leads to the management team having to scramble about to put out fires in an effort to avoid a major meltdown and keep things rolling. However, even if a company does recognize the value of creating a robust contract management team and invests adequate resources into state-of-the-art technology and systems, even the most well-oiled machines are bound to encounter issues at some point.

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Contract Managers: A Company's Secret Weapon

Contract Managers, whose contributions can at times be overlooked, play an extremely valuable role in a company. Contract managers are responsible for the comprehension and implementation of contracts, including staying up to date on contract expirations and renewals. Needing to have a diverse background and solid understanding of law, finance, and regulations, the contract manager ensures that the business is fulfilling their obligations and is not violating any terms or conditions in their contract. 

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Tips for Communication & Transparency In The Contract Drafting Process

Communication and transparency are key in the early stages of the contract drafting process. From navigating contract terms to making sure involved parties are on the same page, the beginning of the contract cycle relies on an open and ongoing dialogue between individuals for the best results.

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Contract Interpretation and The Importance of Unambiguous Terms Part 3 of 3

It may be hard to believe that there is so much to say about contract interpretation that it necessitates multiple blog entries, but the content of these particular installments is really just the tip of the iceberg. Contracting is a routine part of business operations, and even though it has gone on for centuries, it continues to be a complicated process, frequently subject to confusion and disagreements. And, more often than not, these disputes center on conflicting interpretations of a contract's terms. So, here is a continuation of the discussion on the principles of contract construction.

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Contract Management Software For the Entertainment Industry: Why You Need It Now

The entertainment industry is contract-heavy and required to stay current on artist agreements, contracts outlining royalty rights, freelance contracts, outside media relations, and other time-sensitive and detailed contracts. Compromising contract confidentiality and missing crucial deadlines are common problems that plague the entertainment business, and have severe consequences that can be eliminated with efficient contract management. Here are three ways that contract management software can benefit the entertainement industry. 

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Tips to Effectively Structure a Non-Disclosure Agreement

Simply put, a non-disclosure agreement is intended to protect sensitive information and is usually a contract formed between two parties with an understanding that information will not be relayed to other parties. Usually outlined in the early stages of a business relationship, an NDA reinforces keeping vital information confidential for a certain length of time. Without an NDA, any exchange of information could result in giving away ideas that are integral to your company’s IP, and therefore are a must when communicating valuable data.

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