Burnout is often seen as a personal shortcoming, but it’s actually a response to prolonged workplace stress. The good news is that, because burnout stems from specific conditions, it can be managed and even prevented. Understanding that burnout is linked to external factors rather than internal weakness empowers you to take control of your well-being and make meaningful ...

Have you heard the term “Warrior Accountant”? Until recently, I hadn’t either. So what is a warrior accountant, and why might someone want to become one? In today's dynamic business landscape, professional accountants are increasingly called upon to go beyond traditional financial reporting. Shareholders and consumers are increasingly demanding accountability beyond ...

In my last post here , I outlined the steps I take when managing an international legal project. This follow-up question was both popular and insightful, so I'll attempt to answer. First, it's worth noting that there are many types of international legal projects from expansion projects (e.g. branches or subsidiaries in a new jurisdiction), acquisitions and joint ventures, ...

I'm often asked this question so I'll attempt to provide a high-level roadmap. My first step is to use the FIRAC method to organize my work. I identify the facts , spot the legal issues , research the legal rules that apply to the project, analyze the facts and draw conclusions about the legal risk and possible mitigation strategies. This is an iterative process, ...

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 ...

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 ...

It depends. The issue is determined in accordance with the applicable law. Applicable law should be interpreted to include the law of the contract, the law of the jurisdiction at the seat of arbitration (if different), and the law of the jurisdiction of enforcement. Arbitrability is important for enforcement purposes. Under Article II 1. of The Convention on the Recognition ...

For the most part, yes. Arbitration is often the chosen dispute resolution method in international contracts because it’s faster and less costly than litigation, the parties can choose the governing law and procedural rules for the arbitration, and they can choose the arbitrator or a panel of arbitrators. Unlike a court case, which is public and can be appealed, arbitration ...

There are two legal regimes that apply to intellectual property (“IP”) rights in technology agreements: 1) contract law, and 2) IP law. Privity of contract applies between the parties to a contract such that only the parties to the contract can enforce any rights or obligations under the contract. IP laws are a subset of property law and as such, can be enforced against ...

Introduction Every organization has a set of core values that define its culture and guide its operations. These values often represent the company's mission, vision, and principles. Integrating these values into the employee review process is a powerful way to ensure that your organization's culture is not just a poster on the wall but a living, breathing part of your ...

Yes, they can. In fact, it is a good idea to reference them whenever they apply. The International Organization for Standardization publishes the international standards, known as “ISO standards”. ISO standards are not law. They are internationally agreed upon best practices and standards created by experts for the benefit of manufacturers, sellers, buyers, customers, users, ...