You’re not imagining things: contracts are getting longer, says Harvard Law professor

Details

Publish Date:

September 16, 2024

Author(s):

Reed, Rachel

Source:

Harvard Law Today

Related Person(s):

Related Organization(s):

Arthur and Toni Rembe Rock Center for Corporate Governance,
John M. Olin Program in Law and Economics,
Stanford Securities Litigation Analytics (SSLA)

Summary

Subramanian’s talk drew from his recent book, “Deals: The Economic Structure of Business Transactions,” written with Michael Klausner of Stanford Law School. The work, Subramanian said, examines some of the biggest barriers that prevent negotiators from finding their “zone of possible agreement” — in other words, the range of terms on which all sides can agree — and how specific contractual elements can address those issues to get to a “yes.”