Welcome to our Legal category, where we cover important topics related to law and legal issues in business. Here you will find sound information, tips and resources on legal issues, compliance, contracting and much more. Learn how to overcome legal challenges and put your business on solid legal footing.
Learn all about framework agreements in 2023: current trends, legal aspects and the impact of digitalization on their design.
Each time a party enters into a contractual agreement, it must determine the value it attaches to the item or service, which is referred to as its willingness to pay. Willingness to pay is therefore the driving force that determines the terms of a contract.
Learn how companies can proactively comply with regulatory standards and effectively manage risk to not only protect their operations, but also strengthen their credibility, integrity and long-term success in a competitive sales environment.
Signing non-disclosure agreements (NDAs) involves the process of both parties agreeing to terms to not disclose confidential information. Before signing, the parties typically review the content carefully to ensure they understand the requirements and consequences. Once signed, the parties are legally bound to abide by the terms set forth in the NDA.
This article aims to provide you with a comprehensive understanding of software license agreements. We will look at the main components of a typical agreement, explain the different types of licenses, and discuss important considerations when you negotiate or accept a software license.
In the reckless world of startups, where visionary ideas boldly venture into uncharted waters, formal communication proves to be the reliable lighthouse that provides safety during the stormy nights. It navigates the gap between the need for funding, the thirst for expertise, the intense hunt for investor visibility, and the sheer overwhelming need to keep your eye on the core business while navigating the dense forest of complex documents. Formal communication is more than a supporter; it is the architect of solid investor relationships, the interpreter of clear information exchange, and the guardian that prevents misunderstandings. It thus becomes the key to the complex puzzle of startup success.
A Service Level Agreement Template is a valuable tool for businesses and organizations looking to build reliable and sustainable service relationships with their customers. By using our free downloadable template, organizations can customize a comprehensive SLA that specifically meets their needs, builds trust, and establishes clear expectations for all parties involved.
Do you want to hire a new employee, but you are not sure how to create an employment contract? Use an employment contract! Using a pre-made template will save you time and simplify the process of creating a legally binding agreement with your new employee. Our free template covers all the essential details, including job duties, compensation, benefits, and termination policies.
In this article, we will explain the importance of service level agreements (SLAs) and their benefits for service providers and customers alike. We will also discuss the importance of evaluating service level agreements on a regular basis and present some of the best SLA metrics.
This article breaks down the key components of license agreements so you can be sure you understand them when it comes time to sign them.
Over the past few years, Software as a Service (SaaS) has established itself as a term for the temporary use of software provided by a provider via an Internet connection. The software is usually accessed via the provider's servers using a web browser. There is no local installation.
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A performance certificate is a complex document that regulates a set of services within a software project. The structure of a service certificate is not regulated by law, but you should pay attention to a few points mentioned in this article. Essentially, your product range determines the form of the service certificate.
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The year is 2023, and reliance on cloud-based products and services is growing by the day. Software as a Service, or SaaS, is growing in popularity because it offers end users greater convenience by eliminating the need to install and host tools directly on their devices before they can be used. As a result, SAAS agreements play an important role in setting the ground rules for the relationship between SaaS providers and customers.
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Many companies and businesses ask themselves, even in times of crisis, how do I deal with a warning? The situation is the nightmare of every entrepreneur. On an otherwise successful working day, you receive an email from an association or a law firm with which you have not been in contact before. What begins with the joyful expectation of a new business relationship ends with great disillusionment. They accuse you or your company of violating competition rules and demand a cease-and-desist declaration.
The following example: One's own company has a successful article on offer, which is not technically innovative or even an invention, but finds good sales because of its design. In our example, this design has not been registered as a design in the (German or European) register. You suddenly find out that this product has been copied by competitors and is offered for sale on various platforms at a much lower price because it has been manufactured to a lower quality.
The commissioning agreement is a necessary evil that affects companies in the field of data processing. Indeed, processing without a contract means liability for the processor as controller of the processed data in the worst case scenario. The following article discusses commissioned processing and what factors need to be taken into account when drawing it up from a practical point of view.
Law firms regularly use standardised lawyers' agreements to facilitate the handling of the mandate and to create clarity for the client. However, case law in recent years shows that rigid formulations and general framework agreements with clients, especially with regard to agreed fees, run the risk of falling back on statutory fees.
