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Legal Network

The purpose of this Network is to provide its members with insights to new trends and emerging practices in the fields of contract, commercial and relationship management. While these will be in the context of the Legal sector, they will draw from knowledge and ideas that are current and relevant in other sectors.  A key goal is to improve the performance of contracts and relationships in the sector.

The objectives will be met by sharing ideas, discussing challenges, exploring new directions and, where appropriate, initiating research or inviting experts to present on key topics in the sector related to contract, commercial and relationship management.

Meetings will be virtual (by phone or webinar) unless in specific cases there is an agreed wish to have physical meetings or workshops to develop specific initiatives.

Group Mission/Vision:

Provide its members with insights to new trends and emerging practices in the fields of contracting, commercial and relationship management in the sector.

 
 
Network Updates

Need information Swiss Contract Law

I need detail reference about Swiss Contract Law. Is there any authentic reference for Swiss Contract Law ?

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What's going on in Contract & Commercial Management?

The 2019 IACCM Benchmark Report will soon be issued, providing a wealth of data and insight to the current state of contract and commercial management. One of the many areas we have researched is to understand what major initiatives contracts and commercial teams are currently undertaking. The list (which appears below) is interesting - and the differences between buy-side and sell-side priorities even more so! Our report explains the implications and the reasons - along with a myriad of data regarding performance measurements, headcount levels, the state of automation, skills and knowledge management and a host of other topics.

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IACCM Member Meeting - Singapore

This is a great opportunity for IACCM member, guests, and anyone in the Procurement, Contracting, and Commercial Management to network and hear the latest new from around the globe.Join IACCM Director, Member Services and Business Operations, Asia Pacific, Jennifer Jarrard at the next IACCM Member Meeting in Singapore.This event is open to all IACCM members, member’s guests, and anyone in the procurement, contracting, and commercial space, and is free to attend thanks to our hosts Eversheds Harry Elias LLP.Members are encouraged to bring along their key supplier partners, customers, and others in your organisation who would value learning more about improving trading relationships.Date: Wednesday 21 August 2019Host / Location: Eversheds Harry Elias LLP,  SGX Centre 2, #17-01, 4 Shenton Way, Singapore 068807The nearest MRT stations are Raffles Place MRT, Telok Ayer MRT and Downtown MRT.Attendees will need to bring an ID for registration at the security desk at the lobby.Agenda:9:00 – 9:30 am      Registration and light Networking Breakfast9:30 – 9:35 am      Welcome by Host9:35 – 9:50 am      Introductions and Updates on IACCM News and upcoming events – Jennifer Jarrard, Director, Member Services, Asia Pacific, IACCM.9:50 – 10:15 am   Recent Trends in Dispute Resolution and Tips for Effective Contract Drafting – Francis Goh, Head of International Arbitration, Eversheds Harry Ellias LLP10:15 – 10:30 am Networking Break10:30 – 10:55       What You Need to Know About the Active Enforcement Framework - KK Lim, Head, Cybersecurity, Privacy and Data Protection, Eversheds Harry Ellias LLP 10:55 – 11:30 am Key insights from IACCM Asia Pacific Conference Melbourne July, 2019 and mini workshop on upcoming Asia Conference, Singapore October, 201911:30 – 12:00 am Close of meeting for further networking.Space is limited, so register now to reserve your seat.

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Leading innovation in your organisation - IACCM APAC Conference 2019

Nearly everyone in our organisation has an idea. Our providers are full of ideas for us and our customers likewise. That isn't the problem. It's whether we create an environment where ideas are heard, where it's safe to fail, and where one's position does not dictate their value. In this fast and furious session, we blast through the barriers and show how we can lead innovation - not by big projects and not by committees - rather by simple techniques that get results quick and become contagious.

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IACCM Asia Pacific Conference, July 2019

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!

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Best Practices for Cutting Through Contract Chaos

Contract processes can be overwhelming, with different contract versions floating through emails, renewal dates approaching by surprise, and opaque approval bottlenecks slowing down workflows. Cut through contract chaos with Scout RFP. This is an interactive discussion about the world of contract management with Scout customer MDC Partners. In this webinar hosted by IACCM, you hear from Jason Cammorata, Vice President of Strategic Sourcing, about how MDC Partners is streamlining their contract process (including reviews, renewals, and more), what they are achieving by transforming this process, and the lessons they're learning along the way.

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Most effective ways of using MSA templates in RfX on the buyer side

Does anyone know of models or guidelines for the most effective way to present the buyer's MSA template in the RfP process? This is for private company sourcing, not public tendering. I am a lawyer supporting the in-house procurement department of a large global company, and I see that non-lawyers have trouble finding the most effective way to deal with the legal parts of the RfP process. I would like to provide some generalized guidance instead of case-by-case. It would be helpful to have some models or examples as a starting point. For example, do you spend time to tailor the legal terms before sending the document to bidders, or wait until negotiations with the winner(s)? When is it best to include the entire contract template, and when is it best to include only mandatory clauses (code of conduct, personal data protection, etc.)? When should you allow post-award negotiation and when should you require bidders to accept T&Cs as is? Links to IACCM resources on this subject are also welcome, as I haven't found any through a search. Thank you!

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Modern Slavery Act- Australia

Hi All, As the first cycle of Modern Slavery Act reporting for Australian companies is coming soon. Although this is only valid for the companies total revenue of at least $100 Million per annum. Anyone started the preparation or started to learn about the process? Regards, Gaurav Seth

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NDA and Existence of Agreement

Do you interpret the the language "parties are not to disclose the existence of an Agreement" verbatim? Or do you interpret that to expand to use of customer name or logo in marketing material as well?

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Please help me with interpretation of below clause.

8. TERM AND TERMINATION (Pentaho) 8.1 Term. This Agreement will commence on the Effective Date, and unless otherwise stated on an Order Form, this Agreement will remain in effect for the a period of one (1) one years. Thereafter, this Agreement will automatically renew for additional one (1) periods at the then current List Price unless party provides at least sixty (60) days written notice to the other party intent not to renew. r message

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Can there be Sub-contracting Agreement between two companies (of different location) of same group ?

One of our group company signing Service Contract with ABC Company (External Client). This external clients whats to sign Sub-contracting Agreement with my group company and with my company too (these two are from same group). So there will be main Agreement between ABC Company with one of our group company and there will be another Sub-contracting Agreement between my group of companies. Can we enter in to such arrangement ?

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Parent Company Guarantee

We have a Guarantee Deed included in one of our overseas contracts, which was drafted by a legal firm in that jurisdiction, for that customer. Another prospect has reviewed a copy of the same deed but has requested one addition to the actual guarantee clause, as follows: "Any demand for payment or indemnity issued by the Client to the Guarantor, unless manifestly wrong, shall be conclusive and binding." We have approached the legal firm who drafted the document to comment, but they have declared internal conflict, in that commenting on the work previously drafted for one of their clients may present a risk of future conflict. I don't know the exact legal impact of this and wondered if anyone can help? a) Should we accept it? If we do what are the implications? OR b) If we should not accept this clause, why not? What are the legal / risk arguments for refusing? Many thanks

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