A National Bureau of Economic Research paper highlights new research on how to overcome contractual incompleteness. Traditional contracting approaches have inherent flaws and a “new approach” that ...

In a case of first impression, the Massachusetts Supreme Court held that general contract principles, and not federal case law, govern the treatment of termination for convenience clauses in state ...

Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government contractors. The March 2023 Cost Corner introduced the three ...

Sometimes the Supreme Court’s most important contribution resembles the job of a baseball catcher who stops wild pitches from heading to the stands. An example came Monday when the High Court ...

IT vendors and tech industry groups say a new set of legal principles for software contracts developed by the American Law Institute (ALI) could stifle innovation and raise the cost of software, even ...

Cybersecurity insurance is a new insurance industry product that reflects the havoc wreaked by hacks, data breaches and phishing attempts, which have become bolder because cybersecurity extorting ...

Despite the growth of commercial gain-share—also known as Accountable Care Organization (ACO)—arrangements, a lack of consistent contract structures and terms has hampered the adoption of value-based ...

After more than three years of often-acrimonious negotiations, Southwest Airlines has an agreement in principle for a new contract with its pilots’ union. The Southwest Airlines Pilots Association ...