Law Insider's Mike Whelan dissects high-profile contracts with various guest Lawyers.
The Finale with Preston Clark
In the final episode of the Contract Teardown Show, Law Insider co-founder and president Preston Clark joins Mike to talk about the show’s impact. Preston and Mike discuss: -The origin of the Contract Teardown idea, -How the show serves Law Insider’s users, -The growth and popularity of the show and other educational efforts, and -What’s next for Mike and for Law Insider.
10/8/2024 • 29 minutes, 5 seconds
Standard Vendor Agreement with Heather Bowen Pascual
In this episode, Heather Bowen Pascual shares principles for drafting and interpreting a Standard Vendor Agreement. She highlights the key clauses that feature in this common agreement, including: Term of agreement; Scope of work; Payment terms; Termination; and Exhibits. Find the original contract here: https://www.lawinsider.com/contracts/7BDbuzTljTj
9/13/2024 • 17 minutes, 12 seconds
Fund Partnership Agreement with Melinda Scott
In this episode, Melinda Scott shares a limited partnership agreement meant to govern a commodity fund. She highlights important choices clients and lawyers must address around: State of formation and fund name; Risk disclosure and NFA regulation; Transfer and redemption powers for partners; and Audit norms. Find the original contract here: https://www.lawinsider.com/contracts/7IbudIEbz7h
8/23/2024 • 18 minutes, 9 seconds
[webinar] How In-House Legal Works With Outside Teams
In-house legal teams often balance complex contract workflows, compliance demands, and litigation in process. Enlisting outside talent can be a game-changer, but how do you pick the right outsourcing option? Join our webinar with Pieter Gunst, CEO of Legal.io, where he will share his cost-saving framework for choosing the best outside partners for the job. We’ll cover critical aspects of outsourcing, including: Engaging outside counsel; Utilizing legal talent providers; and Leveraging managed service providers. Discover how one company saved $1M by adopting these strategies and learn how your team can achieve similar success
8/16/2024 • 57 minutes, 2 seconds
[Webinar] Unbundling CLM: The Rise Of Contract Management Point Solutions
Is Implementing CLMs Still Worth It for Legal Departments? Once hailed as the pinnacle of legal tech innovation, Contract Lifecycle Management (CLM) systems are now facing scrutiny. Are they still worth the investment, or have they become a drain on time, money, and resources? Listen in on this fireside chat where Law Insider President and Co-Founder, Preston Clark, was joined by Zach Abramowitz and Daniel Lewis to discuss the shifting landscape of contract management technology. They cover the following subjects: Understand the Evolution: Learn how CLM, once the most exciting vertical in legal tech, has quickly transitioned to a legacy system. Identify Inherent Flaws: Discover the inherent flaws in CLM systems that create challenges for nearly every customer. Explore Alternatives: Legal departments now have numerous options to improve contracting without the high costs associated with traditional CLM systems.
8/2/2024 • 1 hour, 44 seconds
General Terms and Conditions with Diane O’Connell
In this episode, attorney Diane O'Connell tackles General Terms and Conditions that seem to be serving the purposes of other documents. This particular set of terms apparently apply to customized software services in the healthcare industry. However, according to Diane, the terms seem misapplied. Questions surface as she compares the context to the language in these areas: Licenses granted; Indemnifications allowed; and Guarantees made. Find the original contract here: https://assets.applytosupply.digitalmarketplace.service.gov.uk/g-cloud-13/documents/719046/815600321392652-terms-and-conditions-2022-05-16-1414.pdf
7/25/2024 • 24 minutes
Standard Office Lease with Stewart Banner
In this episode, attorney Stewart Banner shares his take on the current office lease environment by walking through a fairly standard contract. He wrestles with the following key clauses: Repair and alterations; Rights of landlord; Assignment and subletting Surrender of premises; and Option to extend. Find the original contract here: https://www.lawinsider.com/contracts/3VaKsk6LJVD
7/19/2024 • 17 minutes, 40 seconds
Master Service Agreement with Laurie Ehrlich
In this episode, attorney Laurie Ehrlich explains how a legal document like a Master Service Agreement can almost serve as an operations document. In this deal in which the two sides are highly intertwined, Ehrlich sees: Efforts to narrow an otherwise broad scope of work; Due diligence requirements shifting risk for overinclusive scope; and Practical benchmarking requirements. Find the original contract here: https://www.lawinsider.com/contracts/iEYmFBpjjYH
7/11/2024 • 26 minutes, 35 seconds
Event Liability Waiver with Elizabeth Cronin
In this episode, attorney Elizabeth Cronin highlights liability-shifting provisions in an event waiver. These documents are used to protect companies hosting public events organizers against claims. Cronin details vital clauses for such waivers, including: Assumption of the Risk; Release of Claims; Covenant not to Sue; Indemnification; and Claim of Health Suitability. Find the original contract here: https://tourofthegila.com/wp-content/uploads/2023/04/2023-USAC-Event-Waiver.pdf
6/26/2024 • 14 minutes, 10 seconds
Legal & Sales: An Interview with Darlene Tonelli
In this episode, we're sharing an interview we hosted last year with Inter Alia Law's Darlene Tonelli. Darlene shared how she connects legal departments and sales departments through good, early communication and a few deliberate systems. She uses the framing of software deals to drive the conversation, but these principles are helpful to anyone trying to get these two classically clashing departments on the same page. We also share information about an upcoming webinar about how understanding the business will make you a better lawyer. To register for the webinar, go to lawinsider.com/resources and visit the webinar tab on the left. Learn more about Darlene and Inter Alia Law here: interalia-law.com
6/21/2024 • 26 minutes, 30 seconds
Healthcare Business Associate Agreement with Arohi Kashyap
In this episode, attorney Arohi Kashyap uncovers the high privacy standards that come with working in the healthcare industry using a Business Associate Agreement. This contract passes requirements of the United States HIPAA regulations on to companies engaged by hospitals, doctors, and other healthcare institutions. Kashyap details: Basics of a Business Associate Agreement, including when it is needed; Key procedures for protecting private healthcare information; and Standards for managing data breach incidents. Find the original contract here: https://humanservices.arkansas.gov/wp-content/uploads/Attachment-D-Business-Associate-Agreement-BAA.pdf
6/13/2024 • 30 minutes, 19 seconds
User Agreement IP Rights with Amber Petrig
In this episode, attorney Amber Petrig evaluates recent changes to Spotify’s Terms of Use. Using the company’s previous terms and the announcement of their non-negotiable updates, Petrig addresses: Licenses automatically granted by artists who post music on the platform; Spotify’s fairly unlimited freedom to modify terms; and Company-friendly changes purported to address fake usage and cumbersome payment terms. Find the original contract here: https://www.spotify.com/uk/legal/end-user-agreement/
6/6/2024 • 28 minutes, 49 seconds
Finder Agreement for Finance with Rosanna Mannan
In this episode, attorney Rosanna Mannan explains a Finder Agreement from the pharmaceutical industry. When companies seek private funding, they may engage a Finder to connect with a financier. But the regulatory restrictions on that role require strict contracting. Mannan describes how common clauses become vital in this highly-regulated space, including: Statement of Services; Compensation; Reps and Warranties; and Indemnification. Find the original contract here: https://www.sec.gov/Archives/edgar/data/1042420/000119312506002725/dex102.htm
5/30/2024 • 15 minutes, 47 seconds
Trademark Assignment Agreement with Brittney Saint-Fleur
In this episode, attorney Brittney Saint-Fleur explains the effect of trademark assignment agreements. She uses an assignment from one Chinese company to another to highlight the need to: Define clear responsibility for registration fees; Use effective representations of IP ownership; Craft relationship-conscious dispute settlement language; and Conscious choice of applicable law. Find the original contract here: https://www.lawinsider.com/contracts/5rg4m98uFCV
5/24/2024 • 13 minutes, 3 seconds
Software Development + Consulting Agreement with Laurie McCall
In this episode, attorney Laurie McCall reveals the complexities of mixing expert consulting with ongoing services. She shares a contract for a software development project with an expert leader. The contract aims to cover two services—software development and consulting—and McCall reveals these issues: Lack of clarity in the description of services and no work order process; Warranties that jeopardize the consultant relationship; and Intellectual property confusion. Find the original contract here: https://www.lawinsider.com/contracts/ejR9PB7ZFhG
5/15/2024 • 20 minutes, 40 seconds
Employment Agreements for Physicians with Steve Hendler, JD MD
In this episode, attorney and physician Steve Hendler shares special considerations for drafting employment agreements for medical professionals. Adapting best practices to a unique context, Hendler explains: Contract terms when regulations require special care transitions; The need for specificity when demanding practice-adjacent duties; Effective dates and the impact of licensing delays; Company-provided malpractice coverage; and Paid Time Off combined with required care coverage. Find the original contract here: https://www.lawinsider.com/contracts/kRHahmIoE9L
5/9/2024 • 25 minutes, 17 seconds
FTC Changes that Impact Influencer Deals with Vicky Smolyar
More companies are hiring online personalities to represent their product, in deals big and small. As smart as that strategy seems, it's not without risks. This is especially true with changes proposed by the Federal Trade Commission. In this episode, attorney Vicky Smolyar explains some of the most important changes at the FTC and how they impact influencer deals. She walks through an agreement between a personal health company and an influencer to illustrate: •Overlooked disclosure requirements, •FTC healthcare claim violations, •Rules that restrict online giveways, •The dangers of non-defamation clauses, and •Indemnification rules that don't limit honest reviews. Listen to the episode today. Here's the original contract: https://seattlegummy.com/wp-content/uploads/SGC_BrandInfluencer_TC_website.pdf
5/1/2024 • 26 minutes, 39 seconds
Subcontracts in Government Projects with Shavon Smith
Shavon Smith returns to the Contract Teardown show to explain another government contract. In this episode, Smith covers the Subcontract, an agreement between a company that has won a project bid and another company that will execute on the project. She explains Statements of Work, government-standard pricing structures, quality control, and more. Find the original agreement here: https://www.hanford.gov/files.cfm/Exhibit_009-_Draft_Subcontract-Tribal_Nations_Rev_11.pdf
4/25/2024 • 15 minutes, 27 seconds
Trademark Licensing Agreement Basics with Steve Sedberry
In this episode, attorney Steve Sedberry shares his views on trademark licensing best practices using a deceptively short agreement. Sedberry explains: A company’s obligation to preserve and capitalize on a mark’s value; The law’s focus on consumer protection rather than commercial benefit; and Why negotiations are the time to be thorough when it comes to leveraging a trademark. Find the original contract here: https://www.lawinsider.com/contracts/lQok8kw3gbB
4/17/2024 • 25 minutes, 26 seconds
Special Issues when Contracting with College Athletes
How are college athletes just like online influencers—and how are they not? In this episode, sports attorney John Gibson contrasts the two contexts to illustrate where agreements with college athletes present special issues. Gibson underlines: •Term considerations that are unique to college athletes, •The difficulty of using a school's brand, •Scheduling difficulties for very busy athletes, and •An overall assessment of the amateurism re-regulation and the growth of NIL deals. Review the contract here: https://www.lawinsider.com/contracts/iaKyZVblAh1
7/27/2023 • 20 minutes, 18 seconds
Data Processing Agreements (DPAs) that Embrace Reality
In this episode, Arohi Kashyap tears down the Salesforce Data Processing Addendum (DPA). Companies that deal with private data every day may not see managing data as mission-critical. However, as Kashyap points out, corporate counsel needs to understand and manage data risks. Kashyap uses Salesforce's agreement to illustrate a few important principles: •Roles must defined, particularly as they shift during an engagement, •Liability should be clear in the event of a plausible data breach, and •Counsel must understand that not-urgent is not the same as not-important when it comes to data risks. Review the contract here: https://www.salesforce.com/content/dam/web/en_us/www/documents/legal/Agreements/data-processing-addendum.pdf
7/19/2023 • 22 minutes, 41 seconds
The Risks of Wading Into Alcohol Distribution Agreements
Alcohol distribution agreements are deceptively simple. They appear like so many distribution agreements, but the compliance environment is so localized that you can really get yourself in a bind if you're not careful. In this episode of the Contract Teardown show, experienced alcohol compliance attorney Kristina Perry Alexander details the risks associated with this seemingly simple documents. Alexander points out: The specificity of state-level alcohol regulation, The difficulty of choosing governing law jurisdictions, Complexities around direct-to-consumer distribution, and Signals that you should connect with experienced alcohol compliance counsel for your distribution agreement. View the contract here: https://www.lawinsider.com/contracts/h4xMKCdsj7
6/28/2023 • 18 minutes, 16 seconds
Are NDAs the MOST Important Agreements?
Non-Disclosure Agreements can be more than rote processes you hate. According to Ehteshamul Haque, they can lay the groundwork for successful deals. In this episode, Haque explains both the practical and philosophical elements of an NDA, including: • How power relationships impact mutuality, • The trouble with authorized representatives, • The reality of working with contractors, and • An NDA's role in laying the foundation for a deal. View the contract here: https://www.lawinsider.com/contracts/6imvHw2Ci5R
6/23/2023 • 21 minutes, 23 seconds
Name Image and Likeness (NIL) Lessons from Dwyane Wade
In this episode, attorney Sivonnia DeBarros uses an Endorsement Agreement with Dwyane Wade to explain Name, Image, and Likeness (NIL) concepts to student athletes. As is important in all contracts, DeBarros underlines the power dynamics and long-term goals of athletes as drivers for negotiating. DeBarros points out the need for specificity when surrendering any control over the use of your persona, and the importance of contextualizing the cash opportunity. Find the contract here: https://www.lawinsider.com/contracts/4sLtgt3mJ1d
6/9/2023 • 33 minutes, 20 seconds
A Playbook for Severance Agreements
In this episode, Professor Marcia Narine Weldon joins Mike to discuss building your company's customized playbook for severance agreements. After explaning the stakes for these contracts, Professor Weldon invites listeners to join an upcoming workshop to design your own severance playbook. Here are the details about the workshop: Companies and legal departments are managing more layoffs than ever before. Building a well designed Severance Agreement Playbook is a critical function for every legal team in 2023. Law Insider invites you to our live and interactive Severance Agreement Workshop led by University of Miami Law professor, Marcia Narine Weldon. Professor Marcia Narine Weldon is an accomplished legal expert and Director of the Transactional Skills Program at the University of Miami School of Law. A cum laude graduate from both Harvard Law School and Columbia University, she brings decades of experience, having worked as a commercial litigator in New York, employment lawyer in Miami, and as the Vice President and Deputy General Counsel for Ryder, a Fortune 500 company. Register for the Workshop Date: Wednesday, June 7th, 2023 Time: 10am PT / 1pm ET Duration: 2 Hours *Recording available for 30 days after the workshop. The Law Insider In-house Workshop Series is dedicated to delivering practical lessons and actionable resources on the most critical legal and transactional skills for in-house attorneys. This isn't a lecture. It's a hands-on and interactive workshop where you'll develop your own playbook for severance agreements. https://knowledge.lawinsider.com/severance-agreement-workshop/
6/2/2023 • 18 minutes, 54 seconds
Terms of Use Risks for Companies Using ChatGPT
In this episode of the Contract Teardown show, Adam David Long highlights changes to Bing’s Terms of Use since they’ve added ChatGPT functionality. Long draws attention to risks related to: -Companies training their product with user inputs, -Commercial versus non-commercial uses, -Unreliability of AI outputs, and -Promises by both companies and users to not infringe on IP rights. View the contract here: https://www.bing.com/new/termsofuse
5/3/2023 • 24 minutes, 5 seconds
Nintendo Switch End User License Agreement
How do you balance the requirements of good drafting, being both accessible and thorough? Those goals seem to contradict each other. In this episode, Attorney Akash Kashyap addresses this conflict using the Nintendo Switch family of product’s End User License Agreement. View the contract here: https://en-americas-support.nintendo.com/app/answers/detail/a_id/48058/~/nintendo-switch-family%3A-user-agreement
4/13/2023 • 21 minutes, 5 seconds
Cardi B's License Agreement with Whipshots
Entertainment attorney Julia Holt joins the Contract Teardown to discuss a license agreement between entertainment superstar Cardi B and an innovative alcohol brand. Holt notices some themes in her analysis: Cardi B has A LOT of power in the relationship, That power is reflected in some long-winded, artist-friendly terms, and Few artists have that power, but they can still rethink how they earn. Review the contract here: https://www.lawinsider.com/contracts/3GFFTrJdUS7
4/5/2023 • 15 minutes, 24 seconds
How a Master Services Agreement Creates Flexibility in Chaos
At ContractsCon 2023, attorney Shavon Smith walked through a biotech Master Services Agreement. The interesting context: this agreement was made between two companies responding to Covid the beginning of the pandemic. In such an unsure time, how can collaborating parties contract fairly and create quickly? The Master Services Agreement allows them to set flexible and clear terms. Learn more in this live episode. The Contract: https://www.lawinsider.com/contracts/3CDcawikXgP About Law Insider: We’re all about contracts! Law Insider (https://www.lawinsider.com) is a subscription-based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/ Check out our reviews on G2: https://bit.ly/3cbBCZ1 Check out our tutorials: https://support.lawinsider.com Follow Law Insider on Twitter: https://twitter.com/lawinsider Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ======================================= Law Insider Promo Code: TEARDOWN2 =======================================
3/16/2023 • 16 minutes
How ChatGPT changes the goals of OpenAI’s Terms of Service with Foster Sayers
During ContractsCon 2023, Foster Sayers joined Mike Whelan to discuss OpenAI’s Terms of Service and their application to ChatGPT. According to Sayers, the terms of service may have applied well to the users of OpenAI’s API connections, but perhaps not everyday consumers. Now that ChatGPT is explicitly targeting consumers, should their terms change? Review the contract here: https://web.archive.org/web/20230228014736/https://openai.com/policies/terms-of-use
3/10/2023 • 13 minutes, 27 seconds
Learning Together with Mike Whelan and Molly Abel
In this special episode, Mike Whelan is interviewed by Law Insider's director of business development, Molly Abel. They discuss the vision for Law Insider moving forward and make a special announcement. Head to lawinsider.com/resources for more details.
3/2/2023 • 13 minutes, 27 seconds
Three Approaches to Arbitration with Diana Isyanova
How detailed should your arbitration clause be? In this episode of the Contract Teardown show, guest Diana Isyanova shares three possible approaches. She argues that the relationship between the parties should dictate options, then the parties themselves should make informed choices. Watch to see how three transactions handled alternative dispute resolution options. Ebook referenced: https://www.lawinsider.com/resources/guides-and-checklists/is-your-arbitration-clause-complete Contracts referenced: https://www.lawinsider.com/contracts/fvyBpBmUAYl https://www.lawinsider.com/contracts/4gVJk8JwbBw https://www.lawinsider.com/contracts/83j3ldVHEgC
2/23/2023 • 24 minutes, 13 seconds
How Data Processing Agreements Prevent Liability
In this episode of the Contract Teardown, privacy consultant Avishai Ostrin explains the Data Processing Agreement, or DPA. The DPA protects companies from privacy breaches on third-party sites and data storage tools like Amazon Web Services or Slack. Listen as Ostrin details the crucial elements of a DPA and what red flags to look out for when drafting. About Law Insider: We’re all about contracts! Law Insider (https://www.lawinsider.com) is a subscription-based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/ Check out our reviews on G2: https://bit.ly/3cbBCZ1 Check out our tutorials: https://support.lawinsider.com Follow Law Insider on Twitter: https://twitter.com/lawinsider Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ======================================= Law Insider Promo Code: TEARDOWN2 =======================================
2/10/2023 • 32 minutes, 48 seconds
Contract Drama: Wizards of the Coast OGL (Revisited)
Contracts are part of the whole customer experience, and getting them wrong can undermine relationships your business has fostered for years. In a special interview, three contract experts and gaming enthusiasts tell us how Wizards of the Coast dropped the ball when they rewrote their Open Gaming License. In this episode, we discuss The history of the original Open Gaming License (find our original interview with Bob Tarantino here), Wizards of the Coast’s original attempts at revising the license (read the news here and here), and How contract language that’s misaligned with a company’s stated mission can undermine the business. (UPDATE 2/3/23: Wizards of the Coast was so moved by this dust-up that they moved the Dungeons and Dragons content to a Creative Commons license. Learn more here.) THE GUESTS: Bob Tarantino is entertainment lawyer and Open Gaming License enthusiast. While working on his PhD research, he studied the OGL and its place in gaming culture. Bob can be found at https://www.linkedin.com/in/bobtarantino/. Nancy Sims is the Copyright & Scholarly Communications Director at the University of Minnesota Libraries. She helps law library patrons and researchers across the world understand their intellectual property rights. Find out more about her work at copyrightlibrarian.com. Joshua Lenon is Lawyer in Residence and Data Protection Officer at Clio. He helps lawyers understand the rules that apply to them, as well as the companies (specifically, Clio) who serve them. Connect with Joshua at https://www.linkedin.com/in/joshualenon/. THE HOST: Mike Whelan is the author of Lawyer Forward: Finding Your Place in the Future of Law and host of the Lawyer Forward community. Learn more about his work for attorneys at www.lawyerforward.com.
2/3/2023 • 33 minutes, 58 seconds
Good, Bad, and Ugly Examples of Limitations of Liability
Commercial lawyer Lynden Renwick tears down three examples of a limitation of liability clause. He discusses caps, carveouts, and exceptions, then gives his multi-stage model for managing contract risk. The Contracts: https://storage.googleapis.com/lawinsider-wordpress/1/2022/12/Peernet-license.pdf https://www.lawinsider.com/contracts/gn4fKDoCp4w#limitation-of-liability https://www.lawinsider.com/contracts/4q8nykvjvsz#limitation-of-liability About Law Insider: We’re all about contracts! Law Insider (https://www.lawinsider.com) is a subscription-based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/ Check out our reviews on G2: https://bit.ly/3cbBCZ1 Check out our tutorials: https://support.lawinsider.com Follow Law Insider on Twitter: https://twitter.com/lawinsider Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ======================================= Law Insider Promo Code: TEARDOWN2 =======================================
12/14/2022 • 18 minutes, 53 seconds
How to Build Collaboratively with Licensing Agreements
IP attorney Nancy Delain shares her thoughts on a long-term licensing agreement that doesn’t meet the need. She gives guidance on exclusivity, terms, royalties, and “void for vagueness” claims. The Contract: https://www.lawinsider.com/contracts/a0bWpzYC1UA About Law Insider: We’re all about contracts! Law Insider (https://www.lawinsider.com) is a subscription-based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/ Check out our reviews on G2: https://bit.ly/3cbBCZ1 Check out our tutorials: https://support.lawinsider.com Follow Law Insider on Twitter: https://twitter.com/lawinsider Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ======================================= Law Insider Promo Code: TEARDOWN2 =======================================
11/30/2022 • 17 minutes, 20 seconds
How to Draft Teaming Agreements that Win Government Contracts
Washington DC-based attorney Shavon Smith tears down a teaming agreement between Tactical Solutions Options and contracting powerhouse SAIC. The two companies wished to bid on new federal contracts but, with no particular project in mind, aimed to clarify jobs and relationships. Learn what they did well in their agreement and which red flags you’ll want to look out for as you draft. The Contract: https://www.lawinsider.com/contracts/8qxHf2SPyy9 About Law Insider: We’re all about contracts! Law Insider (https://www.lawinsider.com) is a subscription-based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/ Check out our reviews on G2: https://bit.ly/3cbBCZ1 Check out our tutorials: https://support.lawinsider.com Follow Law Insider on Twitter: https://twitter.com/lawinsider Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ======================================= Law Insider Promo Code: TEARDOWN2 =======================================
11/12/2022 • 19 minutes, 27 seconds
NFT Agreements that Turn Fandom Into Investments
IP attorney Peter Speroni walks through Royal’s Song Token Purchase agreement. This document builds on new forms of intellectual property ownership, including Non-Fungible Tokens (NFT) that bundle ownership rights. Peter asks important questions about the impact of NFTs on the music industry and the nature of fandom. The Contract: https://storage.googleapis.com/lawinsider-wordpress/1/2022/10/Royal.ioNasContract.pdf About Law Insider: We’re all about contracts! Law Insider (https://www.lawinsider.com) is a subscription-based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/ Check out our reviews on G2: https://bit.ly/3cbBCZ1 Check out our tutorials: https://support.lawinsider.com Follow Law Insider on Twitter: https://twitter.com/lawinsider Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ======================================= Law Insider Promo Code: TEARDOWN2 =======================================
10/19/2022 • 27 minutes, 34 seconds
Draft Garden Leave Agreements that Fit Your Goals
Attorney Sean Greaney shares his tips for services agreements that let employees leave work gracefully. Often called “garden leave agreements,” these contracts put former employees in a paid work position that keeps them from competing with the company. But, according to Sean, some standard clauses aren’t right for this context. Watch for the red flags he sees in a specific Independent Services Agreement. About Law Insider: We’re all about contracts! Law Insider (https://www.lawinsider.com) is a subscription-based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/ Check out our reviews on G2: https://bit.ly/3cbBCZ1 Check out our tutorials: https://support.lawinsider.com Follow Law Insider on Twitter: https://twitter.com/lawinsider Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ======================================= Law Insider Promo Code: TEARDOWN2 =======================================
9/30/2022 • 21 minutes, 58 seconds
How to Explain Modern Copyright Rules to Clients
Listen as attorney Julie Grantham walks through her own Agreement for Marketing and Brand Development Services. She shares how she works with clients to address concerns while modernizing their understanding of creative work product. About Law Insider: We’re all about contracts! Law Insider (https://www.lawinsider.com) is a subscription-based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/ Check out our reviews on G2: https://bit.ly/3cbBCZ1 Check out our tutorials: https://support.lawinsider.com Follow Law Insider on Twitter: https://twitter.com/lawinsider Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ======================================= Law Insider Promo Code: TEARDOWN2 =======================================
9/29/2022 • 19 minutes, 58 seconds
How Informal Should a Consultant Agreement Be?
When your golfing buddy offers advice for your business, do you hire her on as a consultant? How formal should your agreement be? In this episode, attorney Arthur Baker gets practical. He evaluates what must be included in a contractor agreement and where flexibility is more important. Get details on questions like payment terms, expected deliverables, termination, and more. Follow along with Arthur as he reviews this simple but significant agreement. About Law Insider: We’re all about contracts! Law Insider (https://www.lawinsider.com) is a subscription-based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/ Check out our reviews on G2: https://bit.ly/3cbBCZ1 Check out our tutorials: https://support.lawinsider.com Follow Law Insider on Twitter: https://twitter.com/lawinsider Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ======================================== Law Insider Promo Code: TEARDOWN2 ========================================
9/16/2022 • 18 minutes, 26 seconds
How to Draft a Confidential Separation Agreement
When a company lets go of an upper-level employee, they might have them sign a separation agreement, especially when there’s confidential information to protect. In this episode, Mathew Kerbis tears down a Confidential Separation Agreement & General Release of All Claims. Listen as he offers advice on how to smooth an employee’s exit and guarantee company secrets stay privileged. Kerbis also has some great bonus tips on avoiding careless drafting mistakes that you won’t want to miss! About Law Insider: We’re all about contracts! Law Insider (https://www.lawinsider.com) is a subscription-based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/ Check out our reviews on G2: https://bit.ly/3cbBCZ1 Check out our tutorials: https://support.lawinsider.com Follow Law Insider on Twitter: https://twitter.com/lawinsider Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ======================================== Law Insider Promo Code: TEARDOWN2 ========================================
8/25/2022 • 16 minutes, 7 seconds
How to Draft an LLC Agreement
In contrast to other types of business contracts, LLC agreements are generally drafted around the explicit purpose of the company and the needs of the partners. In this episode, Keaton Frieberg tears down the LLC Agreement for Compound Projects, a member-run real estate investment group. Listen as Frieberg explains how a great contract can foster strong partnerships, protect all involved, and keep LLC members focused on their business’s growth and success. About Law Insider: We’re all about contracts! Law Insider (https://www.lawinsider.com) is a subscription-based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/ Check out our reviews on G2: https://bit.ly/3cbBCZ1 Check out our tutorials: https://support.lawinsider.com Follow Law Insider on Twitter: https://twitter.com/lawinsider Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ======================================== Law Insider Promo Code: TEARDOWN2 ========================================
8/18/2022 • 16 minutes, 40 seconds
Negotiating Digital Content Partnerships
Some content streaming services have been known to unfairly cut off lucrative partnerships, so it’s important that creators protect themselves with an airtight contract. In this episode, attorney and digital entertainment enthusiast Hannah Baker tears down Twitch’s Affiliate Agreement, which thousands of digital content makers sign in order to stream on the platform. Listen as she explains what this contract of adhesion—along with some interesting case history—can tell us about drafting for high-earning content partnership deals. About Law Insider: We’re all about contracts! Law Insider (https://www.lawinsider.com) is a subscription-based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/ Check out our reviews on G2: https://bit.ly/3cbBCZ1 Check out our tutorials: https://support.lawinsider.com Follow Law Insider on Twitter: https://twitter.com/lawinsider Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ======================================== Law Insider Promo Code: TEARDOWN2 ========================================
8/11/2022 • 21 minutes, 45 seconds
Adjusting for Purchase Price in a Stock Sale Agreement
Stock Purchase Agreements cover complicated business transactions that can take months to close. These contracts include purchase price mechanisms to account for when the business's value might change between the execution date and the closing date. In this episode, attorney James Raanan tears down Global Imaging System's Stock Purchase Agreement and shows the evolving use of purchase price mechanisms to account for changing business valuations. About Law Insider: We’re all about contracts! Law Insider (https://www.lawinsider.com) is a subscription-based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/ Check out our reviews on G2: https://bit.ly/3cbBCZ1 Check out our tutorials: https://support.lawinsider.com Follow Law Insider on Twitter: https://twitter.com/lawinsider Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ======================================== Law Insider Promo Code: TEARDOWN2 ========================================
8/4/2022 • 26 minutes, 5 seconds
How to Contract an Online Giveaway
Businesses use sweepstakes to improve their brand awareness, increase their customer base, and raise funds. In this episode, attorney Alina Lee reviews a recent contest by the Audi Car Club of North America, in which the iconic 1985 Quattro Coupé was the winning prize. Lee explains what Audi did right and what they could have done better, and offers tips to advise your client on their next online marketing giveaway. About Law Insider: We’re all about contracts! Law Insider (https://www.lawinsider.com) is a subscription-based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/ Check out our reviews on G2: https://bit.ly/3cbBCZ1 Check out our tutorials: https://support.lawinsider.com Follow Law Insider on Twitter: https://twitter.com/lawinsider Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ======================================== Law Insider Promo Code: TEARDOWN2 ========================================
7/28/2022 • 19 minutes, 30 seconds
How to Draft a Winning Employment Agreement
Employment agreements are becoming more common in today’s labor market, as workers aim to secure rights and compensation with the power of a contract. Listen as Mark Osherow, business litigator, explains that the best contracts are ones that treat workers with respect and facilitate healthy recognition of an employee’s value. About Law Insider: We’re all about contracts! Law Insider (https://www.lawinsider.com) is a subscription-based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/ Check out our reviews on G2: https://bit.ly/3cbBCZ1 Check out our tutorials: https://support.lawinsider.com Follow Law Insider on Twitter: https://twitter.com/lawinsider Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ======================================== Law Insider Promo Code: TEARDOWN2 ========================================
7/21/2022 • 26 minutes, 51 seconds
Red Flags in Real Estate Form Contracts
In real estate, drafting a sale and purchase agreement using a standardized form can be a great way to save time and effort. However, lawyers still need to know how to spot red flags that could bring their client unwanted consequences. In this episode, New York-based attorney and licensed real estate broker Di Ma explains that when it comes to representing your client, it’s not always about the contract in itself. Most important is the lawyer behind it all who can adapt a form agreement to their client’s needs. About Law Insider: We’re all about contracts! Law Insider (https://www.lawinsider.com) is a subscription-based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/ Check out our reviews on G2: https://bit.ly/3cbBCZ1 Check out our tutorials: https://support.lawinsider.com Follow Law Insider on Twitter: https://twitter.com/lawinsider Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ======================================== Law Insider Promo Code: TEARDOWN2 ========================================
7/14/2022 • 15 minutes, 5 seconds
How Fortnite Became a Legal Game-Changer
The developers of video game sensation Fortnite violated their contract with Google, making a case that the tech giant has a monopoly on the mobile gaming marketplace. Watch as corporate attorney Arianna Mendez tears down the Google Play Developer Distribution Agreement and explains how Epic Games is using litigation to bring about economic and social change. Considering that until recently, Fortnite fans couldn’t play on their mobile devices due the ongoing lawsuit, and the Google case is still pending, the stakes are high. Either the game developer will successfully overhaul how big tech operates in the global economy, or Google and Apple will continue setting industry terms. In what follows, we take a deep look at the Google Play Developer Distribution Agreement that Epic Games signed and then broke in order to spur a lawsuit. It’s an interesting case of one giant taking on another in an attempt to change the marketplace through contracts. Ultimately, the example shows that a contract is only as strong as each party’s intention to uphold their end. About Law Insider: We’re all about contracts! Law Insider (https://www.lawinsider.com) is a subscription-based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/ Check out our reviews on G2: https://bit.ly/3cbBCZ1 Check out our tutorials: https://support.lawinsider.com Follow Law Insider on Twitter: https://twitter.com/lawinsider Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ======================================== Law Insider Promo Code: TEARDOWN2 ========================================
7/7/2022 • 16 minutes, 40 seconds
Transferring Vessel Ownership
Contracts for boat sales are unique for many reasons, including how they must consider maritime law. In this episode, attorney Phil Powell digs into a vessel purchase and sale agreement to explain how it is shaped by the particularities of a floating asset. As the in-house counsel to a company with a commercial fishing and research fleet, he has a lot to say about contracts for buying and selling large vessels. So let’s tear it down! About Law Insider: We’re all about contracts! Law Insider (https://www.lawinsider.com) is a subscription-based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/ Check out our reviews on G2: https://bit.ly/3cbBCZ1 Check out our tutorials: https://support.lawinsider.com Follow Law Insider on Twitter: https://twitter.com/lawinsider Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ======================================== Law Insider Promo Code: TEARDOWN2 ========================================
6/30/2022 • 15 minutes, 41 seconds
Can Elon Musk get out of his Twitter deal?
Elon Musk made headlines when he offered to buy Twitter. Then he caused a stir when his lawyers tried to absolve him from the deal by claiming breach of contract. There are still lots of questions about what is actually in the contract and if Musk’s claims are enforceable, so we enlisted the expertise of Contract Teardown veteran James Raanan. Watch as he tears down the Musk/Twitter Sale Agreement and Plan of Merger and examines where Musk’s lawyers found reason to end the deal. Contract: https://www.lawinsider.com/contracts/cmcxt8A0Vln#:~:text=and-,TWITTER,-%2C%20INC.&text=%E2%80%9CSilver%20Lake%20Investment-,Agreement,-%E2%80%9D%20means%20the&text=AND%20PLAN%20OF-,MERGER,-THIS&text=by%20and%20among-,Twitter,-%2C%20Inc.%2C%20a About Law Insider: We’re all about contracts! Law Insider (https://www.lawinsider.com) is a subscription-based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/ Check out our reviews on G2: https://bit.ly/3cbBCZ1 Check out our tutorials: https://support.lawinsider.com Follow Law Insider on Twitter: https://twitter.com/lawinsider Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ======================================== Law Insider Promo Code: TEARDOWN2 ========================================
6/23/2022 • 37 minutes, 39 seconds
How NDAs Work with Celebrities
Charlie Sheen once had his sexual partners sign a non-disclosure to ensure his private information didn’t get leaked. Unfortunately, it didn’t work, and the world learned about his HIV status after a source close to the actor leaked it to a tabloid. Join us as business attorney Shavon Smith tears down Sheen’s infamous NDA and tells us how effective these are for establishing trust in both business and personal relationships. Contract: https://storage.googleapis.com/lawinsider-wordpress/1/2022/06/NDA-Contract-Teardown-S.-Smith.pdf About Law Insider: We’re all about contracts! Law Insider (https://www.lawinsider.com) is a subscription-based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/ Check out our reviews on G2: https://bit.ly/3cbBCZ1 Check out our tutorials: https://support.lawinsider.com Follow Law Insider on Twitter: https://twitter.com/lawinsider Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ======================================== Law Insider Promo Code: TEARDOWN2 ========================================
6/16/2022 • 16 minutes, 55 seconds
How Endorsement Agreements Work
Celebrity influencer agreements are a special breed of product endorsement contracts. Watch as attorney Giselle Ayala tears down Shaq’s agreement with Papa John’s, in which the famous basketball player-turned-pizza-guru agrees that the company can use his image to create unique advertising content. There’s a lot to learn about how contracts can protect influencers and make big companies happy with their endorsement deals, so let’s tear it down! Contract: https://storage.googleapis.com/lawinsider-wordpress/1/2022/06/PAPA-JOHNS-Agreement.pdf About Law Insider: We’re all about contracts! Law Insider (https://www.lawinsider.com) is a subscription-based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/ Check our our reviews on G2: https://bit.ly/3cbBCZ1 Check out our tutorials: https://support.lawinsider.com Follow Law Insider on Twitter: https://twitter.com/lawinsider Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ======================================== Law Insider Promo Code: TEARDOWN2 ========================================
6/9/2022 • 29 minutes, 16 seconds
Handling Independent Contractors with Uber's Drivers Terms of Service
While artfully worded, most people think of Uber as a ride service and their drivers as one and the same, not a software company. Drafters should take care not to create contracts that elevate form over substance. Regardless of how Uber labels itself and its drivers, legal tests determine whether drivers are employees or independent contractors. Customers--and perhaps even some drivers--would be surprised to learn that drivers sign a software agreement, not another type of contract or employment agreement. Thank you for listening! *****Contract: https://www.lawinsider.com/contracts/317czhEDECX#:~:text=or-,Software,-%2C%20or%20(c)&text=OR-,SOFTWARE,-%2C%20INCLUDING%20BUT&text=OF-,UBER,-SERVICE%20AND About Law Insider: We’re all about contracts! Law Insider (https://www.lawinsider.com) is a subscription based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/ Check our our reviews on G2: https://bit.ly/3cbBCZ1 Check out our tutorials: https://support.lawinsider.com Follow Law Insider on Twitter: https://twitter.com/lawinsider Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ======================================== Law Insider Promo Code: TEARDOWN2 ========================================
5/26/2022 • 18 minutes, 3 seconds
Why Do You Want A Service Level Agreement
Subscription software companies whose entire business model relies on availability of service have good reason to contract service guarantees. Enter the Service Level Agreement, an accompaniment to a Master Service Agreement that specifically outlines services provided, how these are measured, and issue resolution. Listen as Michael Curylo, an L.A.-based lawyer working at the intersection of technology and entertainment, tears down the SLA for customer data platform Tealium. As Curylo says, while these contracts aren’t always necessary, they can do things the MSA can’t do to protect both parties and ensure their business relationship functions as it should. Contract: https://tealium.com/terms/sla-addendum_v28feb2019/ and might refer to the master terms https://tealium.com/terms/MSA-Tealium_Terms_of_Service_Americas_v31MAR2020/ About Law Insider: We’re all about contracts! Law Insider (https://www.lawinsider.com) is a subscription based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/ Check our our reviews on G2: https://bit.ly/3cbBCZ1 Check out our tutorials: https://support.lawinsider.com Follow Law Insider on Twitter: https://twitter.com/lawinsider Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ======================================== Law Insider Promo Code: TEARDOWN2 ========================================
5/19/2022 • 22 minutes, 6 seconds
How to Handle Tax Codes in Contracts
Lawyers aren’t accountants, but when drafting corporate purchase agreements, they often have to deal with tax questions. Watch as Tyler Stone, international business law expert, tears down a multinational plan of merger and reorganization and tells us all about the complex tax codes within these contracts. Stone offers an insider understanding of the taxation rules behind global M&A deals, explaining how the system works to incentivize investment and ensure tax responsibilities fall where they should. Contract: https://www.lawinsider.com/contracts/hjKoVJQTDVG#:~:text=defined%20in%20Sections-,368,-(a)(2)(F)(iii)%20and About Law Insider: We’re all about contracts! Law Insider (https://www.lawinsider.com) is a subscription based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/ Check our our reviews on G2: https://bit.ly/3cbBCZ1 Check out our tutorials: https://support.lawinsider.com Follow Law Insider on Twitter: https://twitter.com/lawinsider Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ======================================== Law Insider Promo Code: TEARDOWN2 ========================================
5/12/2022 • 19 minutes, 24 seconds
When to Use Series A Preferred Stock Agreement
In this episode of Contract Teardown, attorney and business advisor Marc Halsema talks venture capital as he tears down a Series A Preferred Stock Agreement. These contracts secure big investments by promising preferential stock incentives. They also contain ancillary clauses and reps and warranties that protect both parties and set a strong foundation for the investment relationship. Watch as Marc tells us about industry-specific contract variations–and stay to the end to get some insider advice on raising capital! Contract: https://www.lawinsider.com/contracts/gr44FAybwPE About Law Insider: We’re all about contracts! Law Insider (https://www.lawinsider.com) is a subscription based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/ Check our our reviews on G2: https://bit.ly/3cbBCZ1 Check out our tutorials: https://support.lawinsider.com Follow Law Insider on Twitter: https://twitter.com/lawinsider Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ======================================== Law Insider Promo Code: TEARDOWN2 ========================================
5/5/2022 • 23 minutes, 14 seconds
Cook County's Standard Residential Real Estate Contract with Jim Lowry
In this episode of Contract Teardown, attorney Jim Lowry digs into a Chicago-area residential real estate agreement to ask: what do we gain with standardized contracts? Illinois State law dictates that brokers cannot draft sales agreements, so Multi-Board Contract 7.0 streamlines real estate transactions and ensures they are all subject to the same protections and procedures. Hear what Jim has to say about the document and decide for yourself if a standard form makes things easier on attorneys. Contract: MULTI-BOARD RESIDENTIAL REAL ESTATE CONTRACT 7.0 https://drive.google.com/file/d/1I0CWohZ042bFWrB2eDfZyUayFGbCXLCe/view?usp=sharing About Law Insider: We’re all about contracts! Law Insider (https://www.lawinsider.com) is a subscription based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/ Check our our reviews on G2: https://bit.ly/3cbBCZ1 Check out our tutorials: https://support.lawinsider.com Follow Law Insider on Twitter: https://twitter.com/lawinsider Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ======================================== Law Insider Promo Code: TEARDOWN2 ========================================
4/28/2022 • 15 minutes, 40 seconds
Why And How to Use Contract Design
In this episode of Contract Teardown, Olga V. Mack, CEO of Parley Pro and contract law extraordinaire takes us through emerging trends in consumer contracts spearheaded by big tech companies like Apple and Google. Watch as she tears down Apple’s privacy details and Google’s terms of service, highlighting how design innovations are shaping consumer-friendly documents that are simple, easy to use and esthetically friendly. Contract: Apple: https://developer.apple.com/app-store/app-privacy-details/ Google: https://policies.google.com/terms?hl=en About Law Insider: We’re all about contracts! Law Insider (https://www.lawinsider.com) is a subscription based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/ Check our our reviews on G2: https://bit.ly/3cbBCZ1 Check out our tutorials: https://support.lawinsider.com Follow Law Insider on Twitter: https://twitter.com/lawinsider Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ======================================== Law Insider Promo Code: TEARDOWN2 ========================================
4/20/2022 • 27 minutes, 6 seconds
How to Draft Subscriber Agreements Better Than Disney+ and ESPN+
The Walt Disney Company is rapidly growing its subscription-based streaming services as they close in on Netflix, the leader with more than 200 million subscribers. Disney has about 174 million subscribers across all its streaming platforms with their Disney+ and ESPN+ at about 116 million and 15 million subscribers. Subscribers must agree to the Disney+ and ESPN+ Subscriber Agreement to get access. Attorney Benjamin Burns explains how this one-sided, non-user-friendly, horribly-formatted agreement is designed to give Disney aggressive access to mine, collect and share your data. Contract: https://www.disneyplus.com/legal/subscriber-agreement About Law Insider: We’re all about contracts! Law Insider (https://www.lawinsider.com) is a subscription based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/ Check our our reviews on G2: https://bit.ly/3cbBCZ1 Check out our tutorials: https://support.lawinsider.com Follow Law Insider on Twitter: https://twitter.com/lawinsider Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ============================= Law Insider Promo Code: TEARDOWN2 =============================
4/14/2022 • 25 minutes, 18 seconds
Online Ambassador Agreements with Shelia Huggins
In this episode of Contract Teardown from Law Insider, North Carolina attorney Shelia Huggins walks through a brand ambassador agreement from CBD product manufacturer Wisdom Essentials. In the new world of online marketing, contracts are struggling to keep up with the lingo. Shelia shares how the influencer economy turns into enforceable agreements. So, let’s tear it down. Reach out to Shelia on Facebook @sheliahugginslaw or via email at [email protected] About Law Insider: We’re all about contracts! Law Insider (https://www.lawinsider.com) is a subscription based contract database and resource center that helps over 250,000 lawyers and business owners draft and negotiate contracts more effectively. Join the Community We think drafting and negotiating contracts is one of the most important skills you can build as an attorney and business owner. Law Insider is committed to supporting our user community with the tools and resources to help build these skills. Where to Start Looking for sample contracts, clauses or defined terms? Create a Basic Access Account and try it out. Looking for educational videos, webinars and articles on drafting and negotiating best practices? Visit our resources center. Plans and Pricing Law Insider offers monthly, annual and team subscriptions. For full pricing and packaging details, visit our pricing page at lawinsider.com/pricing. Check out our on-demand webinars: https://www.lawinsider.com/resources/ Check our our reviews on G2: https://bit.ly/3cbBCZ1 Check out our tutorials: https://support.lawinsider.com Follow Law Insider on Twitter: https://twitter.com/lawinsider Join the Law Insider Facebook Community: https://www.facebook.com/groups/lawin... ======================================== Law Insider Promo Code: TEARDOWN2 ========================================
4/7/2022 • 19 minutes, 30 seconds
Force Majeure Clause with Gretchen Cothron
In this episode of the Contract Teardown Show from Law Insider attorney Gretchen Cothron tears down a very long and detailed agreement that shows how a Force Majeure Clause can undermine everything.
3/30/2022 • 21 minutes, 54 seconds
Lease agreement with option to purchase with Erin Edgar
In this episode of Contract Teardown from Law Insider, Attorney Erin Edgar tears down a really, really bad lease agreement with option to purchase real estate. I mean it’s bad. So let’s tear it down!
3/18/2022 • 19 minutes, 29 seconds
Uber Terms of Service with Favra Jafri
In this episode of Contract Teardown from Law Insider, contract lawyer and litigator Farva Jafri tears down the arbitration clause in Uber’s terms of service. Uber has put a lot of care into covering the little details in their arbitration clause, but some states have said that’s still not enough, so let’s tear it down.
3/16/2022 • 21 minutes, 36 seconds
Non-Disclosure Agreements with Patrick O'Malley
In this episode of Contract Teardown from Law Insider, attorney and business professor Patrick O’Malley shows you the good, bad, and ugly of non-disclosure agreements. These are common and hotly-debated documents while being fairly standard, so Patrick’s three tiers of NDA quality reveal a lot. And he’s got strong opinions on whether NDAs are even useful or culturally toxic, so, let’s tear it down.
3/8/2022 • 32 minutes, 9 seconds
Trademark Assignment & License Agreement with Lisa Renee Wilcox
In this episode of the Contract Teardown Show from Law Insider, Texas attorney Lisa Renee Wilcox walks through the alternative dispute resolution clause in a trademark assignment and license agreement from RR Donnelly. The goal of these clauses is to maintain relationships while cooling down the inevitable conflict. This might be more dream than reality when you’re drafting, so, let’s tear it down.
3/1/2022 • 18 minutes, 57 seconds
Standard Corporate Lease Agreement with Arthur Baker
In this episode of Contract Teardown from Law Insider, Florida attorney Arthur Baker, tears down a standard corporate lease agreement from Amerx Health Care Corporation. Arthur points out where a corporate tenant has leverage in these standard agreements, and the due diligence needed to make sure your client’s use of a space complies. So, let’s tear it down.
2/21/2022 • 27 minutes, 35 seconds
Contract for Launch Services with Jennifer Ogren
In this episode of Contract Teardown from Law Insider, contracts and legalops professional Jennifer Ogren, tears down Iridium Satellite’s Contract for Launch Services. I could make a bunch of jokes about this contract being “out of this world,” but I won’t because there are some important red flags in this thing. So, let’s tear it down.
2/16/2022 • 21 minutes, 41 seconds
Terms and Conditions Applicable to Permanent Service with Josef Mitkevicius
In this episode of Contract Teardown from Law Insider, attorney Josef Mitkevicius tears down the Waste Management Terms and Conditions Applicable to Permanent Service. The document’s title hints at the major issue Josef focuses on—the evergreen clause that turns a temporary service into an ongoing engagement with rising prices. Contracts like these rely on customers missing key, expensive clauses, so let’s tear it down.
2/4/2022 • 23 minutes, 12 seconds
Commercial Lease Agreement with Mike Carlson
In this episode of Contract Teardown from Law Insider, state bar editor and commercial attorney Mike Carlson, tears down a common commercial lease agreement. Context has changed here a bit after a global pandemic, including bargaining power and some substantive expectations, so let’s tear it down.
1/31/2022 • 21 minutes, 25 seconds
General Public License with Matt Nuzum
In this episode of Contract Teardown from Law Insider, Matt Nuzum—software developer-turned-lawyer—tears down the General Public License. Most open source coders rely on this document to create new software, and getting it wrong may mean having your political social network taken down (as a random, recent example), so let’s tear it down.
1/24/2022 • 28 minutes, 12 seconds
Coinme Terms of Service with Paul Swegle
In this episode of Contract Teardown by Law Insider, experienced startup general counsel and author Paul Swegle tears down the Coinme terms of service. Coinme is a company that allows consumers to buy bitcoin from a kiosk in a grocery store, so you can imagine how new many relevant questions are. Paul balances a drafter's need to be safe with the hope to not turn off regulators or courts from bitcoin’s wild frontiers, so let’s tear it down.
11/23/2021 • 26 minutes, 31 seconds
Master Sales Agreements with Rebecca Ndung'u
In this episode of Contract Teardown by Law Insider, Rebecca N’Dung’u, in-house counsel in the telecommunications industry, tears down a master sales agreement from TeleCommunications Systems Inc. The MSA sets terms for on-the-ground services that can really add up in these infrastructure projects, so let’s tear it down.
11/22/2021 • 14 minutes
Standard Terms of Contract with Sarah Fox
In this episode of Contract Teardown by Law Insider, construction lawyer and contract brevity expert Sarah Fox tears down a standard construction consultant agreement. Sarah has strong feelings about lawyers thoughtlessly copy/pasting and teaches those lawyers how to build contracts focused on what really matters. So, let’s tear it down.
11/22/2021 • 25 minutes, 21 seconds
NFT Marketplace Terms and Conditions with Soumya Shekhar
In this episode of Contract Teardown by Law Insider, Soumya Shekhar tears down the Binance NFT Marketplace Terms and Conditions. We talk about the fast-moving legal ecosystem around web 3.0 and the lawyers’ need to protect clients in a vague context. So, let’s tear it down.
11/16/2021 • 18 minutes, 13 seconds
Partner Network Agreement with Michael Bloom
In this episode of the Contract Teardown Show by Law Insider, law professor turned online educator, Michael Bloom, walks through the confidentiality section of Microsoft’s Partner Network Agreement. He balances a contract drafter’s desire to use broadly applicable principles with the need for precise language. So, let’s tear it down.
11/15/2021 • 29 minutes, 32 seconds
Terms of Service with Justin MacFayden
In this episode of Contract Teardown by Law Insider, lawyer and legal technology entrepreneur Justin MacFayden tears down the publication rules in OpenAI’s terms of service. Justin points to OpenAI’s mixed goals of creating a sharing culture while having to impose some ethical and legal limits. Contracts can often undermine the goals of a company like OpenAI, so let’s tear it down.
10/26/2021 • 21 minutes, 53 seconds
Purchase Agreement with Jeffrey Pomeranz
In this episode of Contract Teardown from Law Insider, business attorney Jeffrey Pomeranz digs into the Tesla solar panel Purchase Agreement. This a consumer contract but for a very large purchase and Jeffrey focuses on how the contract process can get in the way of a sales cycle. So, let’s tear it down
10/26/2021 • 26 minutes, 37 seconds
Amended and Restated Loan Agreement with Diana Isyanova
In this episode of Contract Teardown by Law Insider, attorney Diana Isyanova tears down an amended loan agreement. She focuses on the liability section as we tease a new resource on Law Insider. We’ll tell you about that, and go deep on joint, several, and joint and several liability. So, let’s tear it down.
10/15/2021 • 24 minutes, 58 seconds
Master Services Agreements with Andrew Antos and Nick Tiscornia
In this episode of Contract Teardown by Law Insider, attorney Andrew Antos and accountant Nick Tiscornia tell us why the money language matters in contracts. They review three clauses from three different master services agreements to underline how your language choices can impact the money team. This is so important for proving your company's profitability as you contract. So, let’s tear it down.
10/5/2021 • 25 minutes, 11 seconds
Founders Agreements with Komal Shah
In this episode of Contract Teardown from Law Insider, legal educator and international attorney Komal Shah tears down a generic founder’s agreement. As Komal says, these documents can either set healthy expectations or create a divisive fight. How you draft a founder’s agreement can define the growth of a young company, so let’s tear it down.
10/5/2021 • 23 minutes, 46 seconds
Maintenance Service Agreements with Vincenzo Viglione
In this episode from Law Insider, in-house counsel Vincenzo Viglione contrasts two service contracts from Trane US and SVS Machines and Service. As Vincenzo says, what these service agreements lack in sexiness they make up for in frequency. He uses a three-part framework to compare two agreements and, as client’s counsel, choose the best agreement. So let’s tear it down.
8/11/2021 • 29 minutes, 6 seconds
Software Development Agreement with Marcel Hajd
In this episode from Law Insider, Slovenian attorney and legal technology founder Marcel Hajd tears down his OWN contract for software development. This is an unusual episode as we see Marcel both as attorney and client. He walks through his thinking on liability and priorities in what he knows as client needs to be an agile agreement. So let’s tear it down.
8/11/2021 • 19 minutes, 27 seconds
Ultrasonic Medical Stockholder Agreement with James Raanan
In this episode from Law Insider, international commercial attorney James Raanan tears down a shareholders agreement from Ultrasonic Medical Mapping. James notes the unique context of a shareholders agreement where many of the interested parties aren’t even signing the agreement. He walks through how fiduciary duties change the risks, the complexity of “fairness” in a document like this, and a bit of clumsy math. So let’s tear it down.
6/18/2021 • 33 minutes, 27 seconds
Contract for Construction General Conditions with Greg Reaume
In this episode from Law Insider, construction attorney Greg Reaume tears down the AIA form 201, or the General Conditions of the Contract for Construction. The American Institute of Architects form 201 governs countless large construction projects as lawyers often pay for the right to use their standard language. But as Greg points out, blindly incorporating the AIA’s language can cause you some real trouble, so let’s tear it down.
6/18/2021 • 32 minutes, 49 seconds
Red Lions Independent Contractor Agreement with Hebe Doneski from Law Insider
In this episode, tech company counsel Hebe Doneski tears down an independent contractor agreement from Red Lion hotels. This agreement stands out specifically because it doesn’t stand out—it’s pretty typical for an engagement for work that’s becoming more and more common. We talk about the assignment of inventions, use of confidential information, incorporations by reference, and big picture shifts in the nature of work. So let’s tear it down.
6/2/2021 • 19 minutes, 3 seconds
Domino's Pizza Privacy Policy with Sarah Ouis
In this episode from Law Insider, in-house counsel and legal content creator Sarah Ouis tears down the Domino’s Pizza Privacy Policy. She does it in a unique way, though, showing us her process for turning complex legal information into accessible visuals for consumers. It’s a fascinating look forward for contract drafters who prioritize understandability, so let’s tear it down.
5/10/2021 • 27 minutes, 32 seconds
SolarWinds Software Services Agreement with Otto Hanson
In this episode from Law Insider, TermScout Founder and CEO Otto Hanson tears down the SolarWinds Software Services agreement. This document has been in the news after a historic breach, but as Otto points out, these software agreements are often part of a complex web of contracts. Otto shares how to manage and examine complex software supply chain agreements quickly, so let’s tear it down.
4/7/2021 • 22 minutes, 56 seconds
Vortimo Software Services Agreement with Ryan Finn
In this episode from Law Insider, Ryan Finn tears down a software license agreement from Vortimo. This agreement is fairly typical of licensing agreements that get stuck in a large company’s pile, and Ryan focuses on how to translate the language into decision-makers’ business-speak. There’s balancing risk against business objectives in here, so let’s tear it down.
4/7/2021 • 27 minutes, 20 seconds
Twitter's Terms of Service with Nada Alnajafi
In this episode from Law Insider, Nada Alnajafi, lawyer and creator of Contract Nerds, tears down the Twitter terms of service. This document has been in the news a lot lately, with politicians and celebrities removed from the platform for violating its terms. Drafting a terms of service document that gives a platform like Twitter the flexibility to operate and self-edit is no easy task, and Nada shares important principles for threading that needle. So let’s tear it down.
2/19/2021 • 21 minutes, 44 seconds
Wizards of the Coast Open Gaming License with Bob Tarantino
In this episode from Law Insider, Bob Tarantino—IP counsel at Dentons and certified super nerd—brings us the Open Gaming License from Wizards of the Coast. The Open Gaming License is a contract tool that helped games like Dungeons and Dragons explode in popularity, and it’s an example of how companies can increase community engagement by selectively letting go of intellectual property protections. We lawyers might learn a thing or two from this gamer culture, so let’s tear it down.
2/19/2021 • 33 minutes, 27 seconds
AXA's Cybersecurity Insurance Policy Agreement with Eric Drattel
In this episode from Law Insider, Eric Drattel, general counsel at Roostify, tears down AXA’s Cybersecurity Insurance Policy Agreement. Although these insurance policies can and should be highly negotiated and customized, Eric walks through principles and red flags every lawyer should pay attention to. With major breaches in the news recently, lawyers should definitely know enough about the policies to advise well.
2/19/2021 • 30 minutes, 24 seconds
Robinhood Financials customer agreement with Joshua Browder
In this episode from Law Insider, the founder of DoNotPay.com, Joshua Browder, argues that Robinhood Financials customer agreement is harmful to consumers. He goes point-by-point—from pricing changes to data selling to arbitration clauses—and invites consumers to join class actions against Robinhood and similar companies. It’s an interesting time with Reddit users driving huge trade volume, and contracts are at the center of it, so let’s tear it down.
2/19/2021 • 20 minutes, 37 seconds
Y Combinator SAFE Agreement with Matias Vukusic
In this episode from Law Insider, Chilean startup attorney Matias Vukusic tears down the Y Combinator SAFE Agreement, or Simple Agreement for Future Equity. Matias talks about identifying impostor SAFE agreements, determining “reasonableness” when advising a very young company, and shares an exciting announcement about the future of the Contract Teardown Show. Y Combinator’s SAFE Agreement is a key document for any young startup to consider, so let’s tear it down.
2/19/2021 • 27 minutes, 18 seconds
Agile Software Development with John Grant
In this episode from Law Insider, John Grant—a consultant known as the “agile attorney”—walks us through an agile software development agreement. This one comes from 18F, the hiring agency for government services software in the United States. You’ll learn how agile contracts differ from traditional development agreements, as well as how you can draft to prioritize speed while still defining important limits. So let’s tear it down.
2/19/2021 • 28 minutes, 52 seconds
Venture Capital Collaboration Agreement with Nicole Morris
In this episode from Law Insider, law professor, director of Emory Law’s TIGER program, and former patent counsel Nicole Morris tears down a venture capital collaboration agreement. This one’s unusual because Nicole actually uses this document as an object lesson for her students on what not to do. She talks about the confusing language, contradictory terms, and troublesome data provisions that plague contracts in the tech startup industry.
2/19/2021 • 23 minutes, 19 seconds
SaaS Escrow Agreement with Martin Clausen
In this episode from Law Insider, attorney and tech founder Martin Clausen digs into a SaaS Escrow Agreement from Escrow London Limited. This document has a particular purpose—giving a business who’s relied on a technology the ability to continue using it even if the developer closes up shop. But, while escrow agreements are a common form of insurance, translating it to the modern world can be a clumsy undertaking. Martin explains how lawyers can mess up that transition and why they should defer to drafters that understand the tech context. There’s a lot to learn here about bringing old concepts into the modern world, so let’s tear it down.
2/19/2021 • 38 minutes, 10 seconds
Anadarko’s standard oil and gas lease with Chris White
In this episode from Law Insider, Chris White, an attorney in rural Ohio, tears down Anadarko’s standard oil and gas lease. It’s a study in negotiating power, carefully-defined terms, and super long sentences. Chris gives some hard-earned wisdom about protecting rural landowners who are too often powerless. So, let’s tear it down.
2/19/2021 • 27 minutes, 37 seconds
Amazon Flex Independent Contractor Agreement’s Arbitration Clause with Margeaux Thomas
In this episode, attorney Margeaux Thomas breaks down the Amazon Flex Independent Contractor Agreement’s arbitration clause. This is a hot subject right now as a case disputing this clause is likely to appear before the Supreme Court. Margeux points out the presence of conspicuous language, the lack of clear jurisdiction, and a drafting attorney’s duty to make sure parties signing these agreements are well-informed. There’s a lot riding on how you draft the arbitration clause, so let’s tear it down.
2/19/2021 • 23 minutes, 39 seconds
Purchase and Operating Agreements with Chad Busk
In this episode from Law Insider, Corporate attorney Chad Busk breaks down the Purchase Agreement and Operating Agreement for Icon Aircraft’s A5 plane. He digs into the relationship between the purchasing and operating agreements and explains why companies might take on more liability than you might expect. Chad also makes a demand that your contract language be as streamlined as Icon’s aircraft. So let’s tear it down.
2/19/2021 • 29 minutes, 26 seconds
Kanye West's Contract with Ross Guberman
In this episode we revisit Kanye West’s leaked recording contract with drafting expert Ross Guberman. Ross and I dig into Kanye’s request for plain language drafting and whether it’s even realistic. We talk about differentiating between archaic language that’s necessary and archaic language you should cut, as well as tools you can use to identify that language and examples of a couple of companies tackling the issue. Ross describes a counselor that can thread this very tough plain language needle.
2/19/2021 • 25 minutes, 23 seconds
Microsoft's Subscription Indemnification with Eric Drattell
In this episode from Law Insider, Eric Drattell, general counsel at Roostify, tears down Microsoft’s Online Subscription Agreement. Specifically he gets into the indemnification clause and the other sections that might undermine it. We talk about using clear language, making sure you don’t get tied up in long-winded litigation, and staying afloat when IP is at stake. This is a great breakdown of one of the most potentially contentious sections of an agreement.
2/19/2021 • 28 minutes, 52 seconds
Boston.com's Terms of Service with Colin Levy
In this episode from Law Insider, contracts attorney and legal industry commentator Colin Levy breaks down Boston.com’s Terms of Service. Colin talks through how a drafting attorney balances educating online users with avoiding liability for an internet media company. Colin addresses the expectations of users, enforceability of terms, and policing of forums. Stumbling blocks abound with user-generated content, so let’s tear it down.
2/8/2021 • 27 minutes, 16 seconds
Salesforce's Master Service Agreement with Darlene Tonelli
In this episode from Law Insider, media, tech, and entertainment lawyer Darlene Tonelli breaks down the Salesforce Master Service Agreement. As former in-house counsel, Darlene focuses on the client’s jobs to be done and whether the terms in a contract and their relationships accomplish those jobs. Darlene looks at the Master Service Agreement as a whole story rather than just a collection of terms. That’s a great vision to account for risks in a holistic way and to better advise clients. So, let’s tear it down.
2/8/2021 • 20 minutes, 18 seconds
Expensify's Privacy Policy with Irene Mo
In this episode from Law Insider, privacy attorney and consultant Irene Mo talks to us about Expensify’s privacy policy. With the company recently in the news for the CEO’s political emails to end users, Irene tells us how to draft to avoid trouble in the use of consumer data. She covers general principles, rules specific to jurisdictions like California and the EU, and how to create a culture of respecting consumer data that goes beyond the legal documents. It’s a great example of turning drafting quality into quality implementation for your client.
2/8/2021 • 22 minutes, 34 seconds
Walmart's 10-K (2020) with Jen Reise
In this episode from Law Insider, Mitchell Hamline Law Professor Jen Reise tells us about Walmart's most recent 10-K Filing with the SEC.
2/8/2021 • 21 minutes, 56 seconds
The Harvey Weinstein Clause with Marcia Narine Weldon
Join this episode of the Contract Teardown Show from Law Insider as we discuss the Harvey Weinstein Clause. The Harvey Weinstein clause helps companies manage the risk of large sexual harassment settlements and public relations disasters. Miami Law Professor Marcia Narine Weldon takes us through several examples of companies who reduced their risk by making the other side represent that sexual-harassment claims will not be an issue.