Contracts-Specializing Lawyer

From GM-RKB
(Redirected from contract lawyer)
Jump to navigation Jump to search

A Contracts-Specializing Lawyer is a transactional lawyer who specializes in contract law and contract management.



References

2025-01

Contract lawyers typically focus on several key types of issues:

Legal Issues: - Enforceability and validity - Jurisdiction and governing law - Compliance with regulations - Term and termination provisions - Assignment and delegation rights

Business Protection Issues: - Liability limitations - Indemnification clauses - Intellectual property rights - Confidentiality provisions - Performance obligations

Operational Issues: - Service level agreements - Delivery terms - Quality standards - Change management processes - Dispute resolution procedures

While contract lawyers consider general business implications, they typically defer to: - Financial teams for detailed financial risk analysis - Technical teams for technology specifications - Business teams for market strategy alignment - Risk management for insurance requirements

2025 01 26

  • LinkedIn
    • AI can't replace contract lawyers (not yet).

I use AI-powered contract review tools every day.

They're a great accelerator, excelling at: - flagging non-conforming items - drafting first-pass redlines; and - summarizing changes

However, where these tools fall short is in the negotiation piece—and THAT'S where contract lawyers truly shine.

Negotiation happens in two critical places: (1) In the comments that accompany redlines; and (2) During the live calls.

The best lawyers understand that every contract is a story - outlining how it will start, run, and end.

So, they use their comments and live calls to genuinely collaborate with their counterpart to arrive at a story that's mutually workable.

Until AI can truly understand relationships—and every deal is a relationship—contract lawyers will continue to play a vital role in the negotiation process.

And the lawyers using tactical empathy will continue to thrive.