You’ve drafted and redrafted. You’ve negotiated, compromised, redlined and tweaked. Countless hours, conversations, and rewrites go into each agreement before it is finally inked. But then what?
A solid contract is only the first step before your client truly receives the benefit of your work. Your contract is the playbook, but a contract compliance examination or royalty audit ensures the execution that is necessary for the most valuable results, long term. So what exactly is this process and why is it so helpful?
As with most things, the devil is in the details for executing the terms of a contract.