Ep.10 | Alex Hamilton | We need to declare a truce in contracting

In this episode of Brief Encounters, Richard is joined byAlex Hamilton, the CEO and founder of Radiant Law, the UK-based award-winning NewLaw firm.

In this conversation, Alex and Richard discuss the evolution of contracting practices, the role of lawyers, and the importance of fostering relationships in business. 

The pair dig into the need for innovative approaches to contracting, the impact of technology, and the future of legal work in an increasingly automated world.

The question is, is the legal profession prepared to declare a truce when it comes to contracting? 

Key takeaways:

• Contracts should focus on relationships, not just legal terms.
• The billable hour model creates adversarial relationships.
• Lawyers often prioritize risk over opportunity in negotiations.
• Short, clear contracts can significantly speed up processes.
• Technology can help, but it shouldn't replace human judgment.
• Legal teams need to have open conversations with business teams.
• Automation should enhance, not complicate, the contracting process.
• Continuous improvement is key to effective contracting.
• The legal industry must adapt to changing business needs.
• Lawyers can add value by focusing on strategic work.

Alex's links:

Website: https://www.radiantlaw.com/

LinkedIn: https://www.linkedin.com/in/alexhamilton/