Academics Network
The purpose of this Network is to provide its members with a forum to share insights to new trends and emerging practices in the fields of contract, commercial and relationship management. We encourage the sharing of research and knowledge across the academic sector, and hope that collaborations amongst the members will lead to new insights and practices, as well as encourage the field of study to grow. A key goal is to grow the visibility of the study of contracts and commercial management along with roads to increased performance and professionalism.
You are cordially invited to register for the Academic Symposium on Contract and Commercial Management jointly sponsored by IACCM and Stanford Law School.Date: Friday, November 8, 2019Time: 8:30 am - 5:00 pm, followed by a receptionVenue: Stanford University in Palo Alto, CaliforniaThis 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 day is organized to encourage robust discussion between presenters and attendees on the following topics: The interplay of relationships, trust and legal contracts How a company should measure or value the risks of one contract or a portfolio of contracts. The state-of-the-art strategies that companies use to manage contract risks. Using digital technologies – such as machine learning and natural language processing – in commercial contracting Computable and smart contractsThis is an exciting event for leaders like you who truly understand the value of driving excellence in contracting and commercial management, and desire to become efficiently informed of latest developments in commercial contracting to be able to share within your organization. Participation at the event is complimentary, and you will also have the opportunity to network with your peers in the post-event reception. A detailed description of the program agenda and registration are below. Academic Symposium Agenda: 8:30 am – Registration and morning coffee 9:15 am – Opening Remarks – George Triantis, Stanford Law School and Sally Guyer, CEO, IACCM 9:30 am – The interplay of relationships, trust and legal contracts. 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? 10:45 am – Networking break 11:00 am – The role of lawyers in contract risk management. 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 they roles as enablers of opportunities and guardians against risk? Are they excessively risk averse at times so as to hinder value creation? 12:30 pm – Lunch 2:00 pm – Using digital technologies – such as machine learning and natural language processing – in commercial contracting. What is the state of the art and how do these techniques enhance contract analytics, negotiation, design and drafting? 3:15 pm – Networking break 3:30 pm – Computable and smart contracts. What is the current state and future potential of automated execution through computable contracts or smart contracts on blockchains? 4:30 pm – Academic Research in Commercial Contracting Tim Cummins, President, IACCM and Qi Zhou (George), Associate Professor of Law, University of Leeds School of Law 5:00 – 6:30 pm – Reception
I note that the post is from November 2015. Would you say that the statistics for these 10 have remained the same in 2019? Is it possible to get more information about the survey that was conducted, where did the input come from? For example, what is the 9.2% financial benefit / Erosion based on?
For Agreement between the Parties of differnet origin , the aurgument starts up on Jurisdiction and governing law for the AGreement. while both the Parties are interested in proposing law of their respective country to be made applicable to the AGreement, I want to know whether there is any list of prioritised or ranked Jurisdiction/ Govering law like World bank ranks each country a ranking for " ease in doing business" and almost 190 countrites are listed. For example, I propose indian law and other Party would prefer Laws of Singpore to be governing law. Can parties choose England and wales as nuetral or any other preferred law.
My company is looking into a new CLM solution, and I'd love to hear from other companies what experiences they faced in the RFP/RFI phase or selecting a CLM vendor, implementation experiences, and post deployment user experiences. What went well and what didn't go well? Which specific areas did the CLM not meet your or your stakeholders expectations?
Watch some of the highlights from this year's Asia Pacific Conference in Sydney. Thank you once again to everyone who joined us - delegates, speakers, sponsors, startup hub participants, Leaders of the Future and Awards finalists!
I like the preventive attitude to make the contract process simple for both parties. Good continuous improvement design ideas to inspire us all to start looking at how we manage our own contracts.
Jacko mentions there are 8 different payment schemes - do we know which?
IACCM is pleased to share the launch of 'Tipping the Scales', a free summer webinar series organized by CLI (Community of Legal Interns) to provide access to leading experts on topics ranging from career development and leadership to AI and data analytics. Intended initially for students to augment the typical business and law school curriculum, this series focuses on professional development and includes topics relevant for all future leaders regardless of career path and experience. Sessions take place online every Tuesday, Wednesday and Thursday from June 4th through August 1st excluding July 4th week, between noon and 1 pm EDT (GMT -4). For more information or to register, go to OurCLI.com.
About the Symposium: The quality and value of research in the fields of contract and commercial management are growing fast and IACCM is delighted to hold this Academic Symposium, featuring some of the top academics leading new thinking in our field.
2019 Academic Symposium - Failed Joint Innovation Activity Case Study
Hello I am new to IT purchases. Do you have any experience with SaaS? What should I be aware of as a Buyer? Judit
2019 Academic Symposium - Innovation Case Study, Panel Discussion slides
2019 Academic Symposium - What are the causes of conflicts in contractual relationships?
Hi - has anyone bought Speech Recognition software or services for their business ? Any insights you can share regarding commercial terms / price ?
I am looking for some guidance regarding a clause which is obligating the supplier to prioritize resources for the Purchaser. From the supplier side this could potentially be a commitment difficult to fulfill. Perhaps you have seen some drafting on this subject which softens such a commitment? I am thinking along the lines of "supplier to make best efforts...". Looking forward to your comments
Hi All, has anyone here implemented Ariba S2C and P2P? Trying to build a customer community.
As a pioneer in contract management effectiveness, IACCM is leading a global study to identify the successful contract strategies for megaprojects. If you are a legal, contracts, project management or procurement professional, would you be willing to share some insights into the strategies that worked on a recent successful project (one that came in ahead of schedule and under the FID budget)? In return you will receive a copy of the research findings that includes insights other Global2000 companies. This will not be shared publicly and will give you a unique opportunity to benchmark your performance against your peers and with other industries - Oil - Gas and construction firms. Your company data and insights will remain strictly confidential and will not be published. Scores will be reported in aggregate and companies will remain anonymous. If you are willing to participate, please follow the link to the survey: https://www.research.net/r/Contrusctioncommunitysurvey Looking forward to hearing from you.
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