Gouchev Law

How can outside counsel enhance efficiency? In her latest video blog, Jana Gouchev discusses the importance of a lawyer's ability to embrace smart risk-taking, with the goal that legal review doesn’t put a damper on the deal. Watch the 60 second video here: https://lnkd.in/gvuygGzc #OutsideCounsel #BusinessLaw #GeneralCounsel #LegalReview

🔍 Boeing’s Defense Contract Challenges: A Real-Life Lesson in Contract Risk Management 🔸 Boeing's defense contracting issues underscore how insufficient contract management can lead to massive financial losses. 🔸 Boeing’s situation, with delays and billions in project overruns, traces back to issues we’re all familiar with—vague requirements, loose oversight, and missed risks. 🔸 The #Boeing case serves as a cautionary example for companies on the need for strong contract foundations and proactive management to avoid similar costly pitfalls. 🔸 For attorneys, this isn’t just an example of what can go wrong; it’s a call to action for revamped contract terms and a compelling example of why rigorous drafting, detailed scope definition, and ongoing oversight are vital in contracts. 🛡️ Clear, enforceable language isn’t just a technicality; it’s a guardrail against financial and reputational damage. In the end, precise drafting and consistent follow-through might be the most powerful tools we have in risk management. 📑 You can find more details here: https://lnkd.in/gkjWg6fF #Contracts #LawFirm #Agreements #RiskManagement

Businesses often feel the pressure to move fast, but skipping or rushing through legal review of your contracts can lead to costly mistakes down the road. Taking the time to properly review and understand contracts ensures all parties are protected and aligned on expectations. As long as business teams and legal are communicating on time frames and how much or little review is needed, legal won't take weeks. Let's make sure every agreement stands on a solid legal foundation, risk management can save a business hundreds of millions in disputes. Learn more: https://lnkd.in/dyeEvfrN #businesslaw #legalreview #duediligence #contracts

Thinking of buying a business via an asset purchase? An asset purchase can shield you from the seller’s liabilities—only if it’s done right. ⚖️ But with so much at stake, how do you ensure you're not inheriting hidden risks? There are several laws that can interpret asset purchase agreement terms very differently than you intended them. Check out our latest article where we break down key strategies for negotiating an asset purchase agreement that protects your company from unforeseen liabilities. The devil is in the details, and a few missteps could leave you exposed. Don’t let that happen! 👉 https://lnkd.in/eBt3gSVn #BusinessLaw #AssetPurchase #DueDiligence #MergersAndAcquisitions

Get to know Maria Juri! More than an accomplished corporate attorney, Maria is also a champion of diversity and a certified DEI coach! She has actively participated in the Women's Network in her previous in-house role, as a mentor and coach to young attorneys. Maria continues to foster an inclusive and supportive environment daily at Gouchev Law. Her dedication to empowering others continues to inspire all of us. To learn more about Maria's impressive background, be sure to check out her bio: https://lnkd.in/gMKniCPP #CorporateLaw #WeAreGouchevLaw #GeneralCounsel #TechnologyLaw

📢 One hot topic we are dealing with more and more in commercial agreements is ESG (Environmental, Social, and Governance). ESG provisions have become a key part of how we structured and negotiated technology agreements in 2024. Think: ➡️ grounds for terminating the agreement if sustainability requirements are not met ➡️ addressing supplier codes of conduct ➡️ including ESG risks that are inherent to the technology used in the product or service Coming into 2025 we will see increased requirements for companies to incorporate #ESG clauses into their contracts. Service agreements need to address issues like supply chain transparency, carbon footprint reduction, and human rights. Negotiating these terms while ensuring they align with corporate values without constraining the business is a challenge for legal teams that we love to help them tackle. Let’s lead the way in building technology partnerships that prioritize the planet and people alongside profit! Learn how Gouchev Law can help you by following this link: https://lnkd.in/dyeEvfrN #Tech #Contracts #Law #Agreements

Happy Love Your Lawyer Day! 💼❤️ Today, we’re celebrating the hard work, creativity, and commitment that go into the legal profession. To all of our fellow lawyers—cheers to all the strategizing, late nights, and dedication. And to our amazing clients, thank you for trusting us to be a part of your journey! #LoveYourLawyerDay #LegalLife #Grateful

Happy Halloween from Gouchev Law! 🎃👻 As Halloween casts its spell, the entire team at Gouchev Law wishes you a spooktacular day filled with tricks, treats, and delight! This time of year reminds us to enjoy the playful magic around us and embrace the creativity the season inspires. Whether you're carving pumpkins, touring a haunted house tour, or simply enjoying the crisp autumn air, we hope your Halloween is filled with enchantment and joy. Stay safe and have a hauntingly good time! 🕸️🦇 #HappyHalloween #Halloween2024 #Holiday

Vendor agreements expiring? Time to renegotiate! Contract renewal time is your prime opportunity to enhance terms and protections: 🔹 Evaluate Vendor Performance: Assess vendor’s performance, reliability, and value before entering re negotiations. 🔹 Identify Improvement Areas: Talk to the Business team and point out gaps in current terms based on their experience with the vendor. 🔹 Enhance Flexibility & Protections: Think better pricing, removing liability caps, improving #Indemnities, & termination flexibility. 🔹 Leverage & Secure Competitive Advantage: Use expiration as leverage for pricing adjustments and improved service commitment. Let's talk about how Gouchev Law can help with your #VendorAgreements: https://lnkd.in/dyeEvfrN #ServiceAgreements #CorporateLaw #Procurement

Overlooking the risks inherent in your professional service agreements? While it’s tempting to view an agreement as “just another contract,” rushing through the legal review – or skipping it entirely – to get the deal done is a dangerous move that could have massive financial consequences down the line. Get counsel involved early, and you’ll be better positioned to mitigate those risks and negotiate the most favorable terms. For more insight into the pitfalls lurking in your professional service agreements, check out our last blog by Managing Partner Jana Gouchev: https://lnkd.in/esmmeMXx #ProfessionalServicesAgreements #OutsideCounsel #CorporateLaw