On August 13, 2020, Kim Wright and Jacqueline Horani were guests on Ask the Experts, a production of the IACCM, The International Association for Contract & Commercial Management (Enabling organizations and professionals to achieve world-class standards in their trading relationships).
Ask the Expert: Building Trust From the Beginning
A Values-Based Approach to Contracts
How cool would it be to write contracts that clients easily understand and love reading-and that you love co-creating?
Sometimes called collaborative contracts or by the brand name of Conscious Contracts (R), these contracts grow from a relational foundation that makes the agreement more sustainable and agile. Already being used in several countries to form leases, shareholder agreements, partnerships, and employment agreements, this model offers a paradigm shift to how we approach the contracts process. Instead of starting with the negotiation of deal points within an inherently adversarial model, value-based contracts use a client-centred design focused on the relationship between the parties and why they are choosing to sign an agreement together. With a plain-language approach that sets out clear expectations, roles, and personal accountability, values-based contracts result in greater buy-in, follow-through, and reduce the risk of litigation. Learn to have more fun with contracts and how legal design, visual graphics, and comic contracts intersect with this movement toward user-friendly values-based agreements!
The talk is free to members and available to others for a small fee.