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Contracting Basics

Learn the Contract Management Basics

Not sure what exactly goes into an NDA, MSA, Indemnity agreement, and more? Learn the contracting  basics here. Or check out the latest technologies used in contract management, and how industry trends may impact your contracts with Learn CLM

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Incoterms graphic
July 12, 2025

What are Incoterms?

Learn what Incoterms are, how they impact global trade, and why understanding Incoterms is critical for managing your contracts and your supply chain in the era of tariffs. 
Termination of convenience in contracts.
July 11, 2025

What is the Termination for Convenience Clause?

Learn how termination for convenience clauses work, when they're used, and how to manage them to protect your rights and ensure fair compensation.
How a performance contract works.
June 12, 2025

What is a Performance Contract?

A performance contract establishes clear expectations between parties regarding deliverables, standards, and outcomes. These agreements define precisely what constitutes success and how it will be measured, creating accountability for all involved.
Image of data processing agreement.
May 5, 2025

What is a Data Processing Agreement (DPA)?

Learn what a data processing agreement is, why it's essential for GDPR compliance, and how it defines roles between data controllers and processors.
Two people working out an arbitration agreement.
May 5, 2025

What is an Arbitration Agreement?

Learn what an arbitration agreement is, how it works, and why it matters in resolving disputes outside of court.
Terms and conditions in a contract.
April 29, 2025

What are Terms and Conditions?

  Create clear and enforceable terms and conditions to protect your business. Learn key elements, legal requirements, and how to draft an effective agreement.
Breaching a contract
April 28, 2025

What Is a Breach of Contract?

A breach of contract occurs when one party fails to fulfill their obligations in an agreement. Common types include material, minor, anticipatory, and actual breaches. Learn what causes breaches and how to prevent them by creating clear contracts, maintaining communication, and documenting all agreements.