Have you ever faced a complex problem, one that made your head spin because it did not appear to have any solution? The frustration and stress that accompanies such challenges can be overwhelming. The common tendency is to shy away from these types of situations, hoping they'll magically disappear. Unfortunately, this avoidance only leads to recurring issues that can snowball ...

The New Year brings a familiar buzz of resolutions, but let's face it – many of us have been down that road only to find our enthusiasm wane as reality sets in. So, instead of big, bold resolutions, what can we work on throughout the year that will bring the best results for us and for others? Have you ever considered cultivating virtues? Think of virtues as the ...

In a previous post here , I provided an overview of the European Union’s draft Artificial Intelligence Act (“AIA”). On December 8, 2023 the European Parliament and the Council on the Artificial Intelligence Act reached political agreement on the content of the AIA. Next, the agreement will receive formal approval, which is expected to take place sometime in April 2024. ...

A Most Favoured Customer (“MFC”) clause usually states that the Supplier will treat the Buyer as their most favoured customer, which means that the Buyer will get Pricing terms that are no less favourable than any of the Supplier’s other customers. The MFC clause may even state that the Buyer will get better pricing than other customers. Some clauses go further and promise ...

Conflict is defined as a clash, disagreement or argument (which can be protracted and/or serious) between individuals or groups arising out of a difference in thought processes, attitudes, understanding, interests, requirements and perceptions. Or put more simply, conflict is a disagreement or a difference of opinion between two or more people. Conflict management is the ...

Pricing terms (i.e., amount, discounts, invoicing currency) for Deliverables (i.e., goods, services, or licensed materials) are often contained in Schedules to an Agreement. The Agreement usually has clauses describing the structure of the Agreement itself. Within these clauses the parties can identify how schedules can be made and by whom, how they are to be interpreted in ...