Stories, insights, and updates on all things contracting
Stay informed with expert perspectives, product updates, and industry insights.
Proposal for a Sponsorship That Actually Wins Funding
$97.4 billion went into corporate sponsorships worldwide in 2022, and the market is projected to reach $189.5 billion by 2030. That's why a proposal for a sponsorship has...
Vendor Risk Assessment Template: A Practical Guide for 2026
The fastest way to lose control of a new vendor is to let intake happen in email, due diligence happen in a spreadsheet, and...
Read more
What Does Including but Not Limited to Mean?
Including but not limited to means the items named in the clause are examples, not the full list, so the wording also covers additional...
Read more
Mutual Indemnification Clause: A Practical Drafting Guide
The clause looks balanced at first glance. Both sides nod, the redlines shrink, and procurement wants the paper out the door. Then someone asks...
Read more
Understanding and Navigating Informal Contracts
Introduction Informal contracts truly find their place in both personal and business relationships when people use them in...
Read more
Destination Contract: Understanding Its Role in Modern Business
In trade, clear contractual terms will make or break a deal, especially in transportation. A destination contract is...
Read more
Automating Opportunity Scoring: Legitt AI’s Predictive Analytics
In the competitive world of business, identifying and prioritizing the most promising opportunities is critical for success. Whether...
Read more
AI in Contract Lifecycle Management: Why It’s a Game-Changer
Contracts form the backbone of business relationships, governing terms, obligations, and expectations between parties. However, managing contracts throughout...
Read more
Beyond Sales: Using AI to Support Seamless Enterprise Operations
Artificial Intelligence (AI) has revolutionized the way businesses approach sales, enabling intelligent lead generation, customer segmentation, and predictive...
Read more
Covenant vs Contract: What’s the Real Difference?
Legal terms such as a ‘covenant’ and a ‘contract’ usually go together, yet they have separate meanings and...
Read more
LLMs for Privacy-First Data Analytics in Enterprises
In the modern digital landscape, data is the lifeblood of enterprises, driving decisions, innovations, and competitive advantages. Yet,...
Read more
Understanding Your Timeshare Contract: Key Terms Explained
Time sharing has become a dream for many, as most of them find it a lovely option for...
Read more
Why Target Cost Contracts Matter for Your Business
In the present era of stiff competition among companies, control of project costs is very crucial for a...
Read more