Ever felt nervous before signing a contract, whether for a new car, a home, or even a software update? You’re not alone. Contracts can feel intimidating, but they don’t have to be.
In this video, we explore the most common fears people have about contracts—like not understanding the language, missing important details, or thinking there’s no room to negotiate. We also introduce a three step framework that will help you approach any contract with confidence.
I help construction, engineering and consulting businesses create and negotiate clear contracts so they can achieve great project outcomes. I founded SoundLegal to help SMEs in the engineering, construction, consulting and light industrial sectors manage their risk to support business growth, by finding practical, common sense solutions to contractual and other legal challenges. Subscribe to the SoundLegal newsletter “No Jargon” to hear monthly business insights from me.
Recently, a subcontractor asked me to comment on what they should be including in their payment claims. They had two
Australia’s remarkable success at Paris 2024 is epitomised by Cameron McEvoy’s first Olympic gold in the 50m freestyle. As an astrophysicist and mathematician, McEvoy’s unconventional, data-driven approach to training paid off, inspiring insights for contract managers. By leveraging data to identify risks, set realistic benchmarks, and create effective payment regimes, contract managers can achieve gold-standard outcomes in project management. Just as McEvoy refined his technique for Olympic success, using data from past projects can pave the way for more robust, future-focused contracts.
Have you noticed that sometimes your contract document is called a “deed”, and sometimes it is called a “contract” or
If you’re a consultant or a subcontractor on a large project team, you may have noticed (or possibly, ignored ??)
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