Five clauses procurement can clear without legal

Procurement teams can clear most vendor paper on their own, if the playbook tells them exactly where they can move.

The five clauses

1. Payment terms within your standard range.

2. Renewal notice periods of 60 days or more.

3. Governing law in your approved list of states.

4. Liability caps at or above twelve months of fees.

5. Termination for convenience on 90 days’ notice.

Where legal should stay involved

Data protection, IP ownership and indemnities should still reach a lawyer. The playbook can say so, and route those clauses automatically.