Relational Contracting
The free market has solved many problems through innovation, and contracting is no exception. The traditional legal approach to creating contracts is often written with an adversarial mindset of anticipating conflict and taking advantage of the other party through loopholes. There is a better way to expand the mutuality of value via relational contracting.
Problem To Solve: How to create a better contract without it feeling one-sided.
How To Use This Tool
Know the differences between the different types of contracts and then run an audit of your firm. Know the differences between the different types of contracts and then run an audit of your firm.
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Hunter Hastings 