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Stanford - IACCM Academic Symposium on Contract and Commercial Management, a collaboration of IACCM and the Arthur and Toni Rembe Rock Center for Corporate Governance at Stanford University.
Date: Friday, November 8, 2019
Time: 8:30 am - 5:00 pm, followed by a reception
Venue: Stanford University in Palo Alto, California
This invitation-only event is for senior industry and legal executives and leading academics in the field of contract and commercial management, and the focus is on sharing new research and ways of thinking in this area.
The quality and value of research in the fields of contract and commercial management are growing fast and IACCM is delighted to announce that it will hold an Academic Symposium on November 8, featuring some of the top academics leading new thinking in our field.
This event will combine industry and academia to review and assess the implications and implementation of new thinking.
Academic Symposium Agenda:
- 8:30 am – Registration and morning coffee
- 9:15 am – Opening Remarks – George Triantis, Charles J. Meyers Professor of Law and Business, Stanford Law School and Sally Guyer, CEO, IACCM
- 9:30 am – The role of lawyers in contract risk management.
Moderator: George Triantis, Charles J. Meyers Professor of Law and Business, Stanford Law School
Speakers: Libby Weber, Assistant Professor, The Paul Merage School of Business, University of California, Irvine
Duc V Trang, Managing Director, Global Advisory Services, Major, Lindsey & Africa
Michael Callahan, Executive Director, Arthur and Toni Rembe Rock Center for Corporate Governance/ Professor of the Practice of Law, Stanford Law School (Former General Counsel of LinkedIn Corp.)
Contracts are risky instruments: they reduce, create and/or transfer a variety of ambient and legal risks and uncertainty. How should a company measure or value the risks of one contract or a portfolio of contracts? What are the state-of-the-art strategies that companies use to manage contract risks? What role do lawyers, contract managers, and other professionals play in the assessment and management of contract risks? How do they balance the roles as enablers of opportunities and guardians against risk? Are they excessively risk-averse at times so as to hinder value creation? Are the lawyers equipped to meet the changes in the future?
- 10:45 am – Break
- 11:00 am – The interplay of relationships, trust and legal contracts.
Moderator: Mike Klausner, Professor, Stanford Law School
Speakers: Lisa Bernstein, Wilson-Dickinson Professor of Law, University of Chicago, Law School
Kate Vitasek, University of Tennessee, Haslam College of Business
Dr. Qi Zhou (George), Associate Professor, Leeds University School of Law
Hanh Vo, Vice President, Head of Commercial Legal, LinkedIn
The interaction (as substitutes or complements) of legal and non-legal (whether relational or reputational) enforcement is of interest to both academics and practitioners. Do contracts vary in practice depending on whether there are relational or reputational consequences to performance (or failure to perform), and how so? To what degree – and how - do parties in different contexts anticipate consensual renegotiation or adjustment (such as modifications or waivers) in their initial agreements?
- 12:30 pm – Lunch
- 2:00 pm – Using digital technologies – such as machine learning and natural language processing – in commercial contracting.
Moderator: Sally Guyer, CEO, IACCM.
Speakers: Julian Nyarko, Professor, Stanford Law School, author The (W)hole Story: Using NLP to Study Gaps in Commercial Contracts
Kingsley Martin, President and CEO, KM Standards
Daniel W. Linna Jr., Senior Lecturer / Director of Law and Technology Initiatives, Northwestern Pritzker School of Law
What is the state of the art and how do these techniques enhance contract analytics, negotiation, design and drafting? How to ensure that legal education prepares the lawyers of the future to understand and manage these?
- 3:15 pm – Break
- 3:30 pm – Computable and smart contracts.
Moderator: Roland Vogl, Executive Director of CodeX - the Stanford center for legal informatics, Stanford U.
Speakers: Oliver Goodenough, Professor, University of Vermont, School of Law
Houman Shadab, Codirector, Accord Project, Cofounder, Clause.
Jamie Wodetzki, VP Contract Strategy, Coupa Software
What is the current state and future potential of automated execution through computable contracts or smart contracts on blockchains? How to ensure that legal education prepares the lawyers of the future to understand and manage these?
- 4:30 pm – Academic Research in Commercial Contracting
Tim Cummins, President, IACCM / Professor, Leeds University
Dr Qi Zhou (George), Associate Professor of Law, University of Leeds School of Law
Amanda Girth, Editor, Journal of Strategic Negotiation and Contracting (JSCAN), Associate Professor, Director of Washington Studies, Enarson Fellow
- 5:00 – 6:30 pm – Reception