In an era of rapidly evolving technologies, shifting regulations and economic and geopolitical uncertainty becoming part of everyday business, the role of commercial contracts is also changing.
In an opinion piece published in Calcalist, our Partner, Adv. Assaf Lapid, explains why commercial contracts can no longer simply document transactions and allocate responsibilities between the parties. Instead, they must incorporate mechanisms for managing risks, adapting to change and ensuring business continuity.
How are AI, regulatory developments and geopolitical risks reshaping contract drafting? And how can commercial agreements evolve from purely legal instruments into effective management tools?