I have participated in the signing of so many contracts that I have lost count. Most should be simple agreements that are easy to understand…but the pressure to draw clear lines has led to very complicated documents that require an attorney to interpret.
Even modern pharmaceutical ads have become notorious for their “fine print”. This Chantix Commercial is nothing but one and a half minutes of disclaimers! (crazy)
SIDEBAR: It’s even worse when there is an absence of ANY print. Check out this article about crucial contract provisions.
Recently, when reading a company audit, I was told to skip to the note fields below all the numerical reports. (“That is where the auditors put their accounting problems”)
The mistake we tend to make is to assume that everything will go well. Projects rarely go as smoothly as we imagine.
Make sure you (A) produce a contract, and (B) read the fine print.
Thanks for listening.