As a manager, you likely review vendor agreements, sales contracts and other documents with legal terms you may not know so well. Perhaps you've run across terms, such as: Governing Law Counterparts Material Breach Representations Indemnifications Material Default Fiduciary Letter of Intent Penalty Clause Arbitration Copyright You can find the definitions and explanations for all these and thousands of other legal terms in the pocket-sized Barron's Law Dictionary by Steven H. Gifis . You can find the book on Amazon for less than $5.00. Whether you buy this book or find another more suitable resource to meet your needs, it's good to have on hand a legal terms dictionary, or access to legal terms information online. You'll need that information to help you navigate your next legal document. Don't sign or approve a document with legal language you don't understand.
Sharing tips, ideas, techniques and book reviews for leaders and managers for the past 17 years.