The Deal Room

In the last episode, I talked about issues caused by a lack of sufficient detail in contracts or even worse, a failure to have a finalised contract before performance starts (which happens more often than you might think). Today, we're going to discuss how you can streamline your contracting process with some actionable tips and suggestions.

Whilst you might have the strongest relationships in place now, tomorrow a business might be sold, there might be new management, we might have a new GFC. Whilst a contract won’t prevent all problems from ever arising, it will at least put you in a much more powerful position to demand compliance with an agreement by another party.

The fashion world was taken by surprise a few weeks ago when major retailer Rhodes and Beckett and their sister chain Herringbone closed their doors. Here are some tips on how you can apply lessons learned from the collapse of this upmarket label.

Indemnity clauses often carry an enormous amount of risk, that often can far exceed the value of a contract. So in this episode we explore the main risks in indemnity clauses that you might be signing, and on the flip side, the way to use indemnity clauses best to provide protections.

The new year is a perfect time to tackle the legal loose ends in a business in order to start the year with a clean slate and a fresh start! In this episode, we run through the top 7 areas of focus in getting legals in any organisation ship shape for the year to come.

It's really important for anyone who deals with contracts to understand everything that's in the contracts. So in this episode, we're going to run through some common boilerplate terms and explain what they mean.

Intellectual property is property of the mind as distinct from real property like for example a table. If a table is stolen, we'll know because the table isn't there anymore.

We want to talk today about all of the things that you can do differently. The small things that you can put in place in your business to try and set it up into the position that you’re able to avoid the risk of unfair dismissal claims or at least reduce the risk as much as possible.

In this episode we share some helpful tips and insights on the ins and outs of MoUs. Memorandums of Understanding (often shortened to the acronym MoU) are documents that are widely used in commercial settings - so today we delve into what they are, what they should contain and the sorts of risks that you should be aware of in using them.

Today we are talking about the frequently asked questions that we receive in relation to trade marks so we can tackle some of the issues that we hear time and time again. I’ve got a whole heap of questions here. I'll run through them one by one.