Great dogma of contract negotiation: Difference between revisions

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{{a|negotiation|}}Once upon a time an {{isdama}} was a new and dangerous thing, and one would drop twenty or thirty grand with the [[partner|finest finance lawyer money]] could by to make sure one’s goolies were safe. It was a wonderful period of discovery for we young [[associate]]s, trying to figure out what on earth {{isdaprov|Automatic Early Termination}} even meant, but charging some finance director £350 an hour while we found out.
{{a|devil|}}Once upon a time an {{isdama}} was a new and dangerous thing, and one would drop twenty or thirty grand with the [[partner|finest finance lawyer money]] could by to make sure one’s goolies were safe. It was a wonderful period of discovery for we young [[associate]]s, trying to figure out what on earth {{isdaprov|Automatic Early Termination}} even meant, but charging some finance director £350 an hour while we found out.


Before long [[negotiation|negotiating]] {{isdama}}s had become quite the cottage industry.  Today any good-sized institution will have literally hundreds of people in [[onboarding]], [[AML]], [[credit]] sanctioning, [[legal]] and [[documentation unit]] {{isdama}}s single-mindedly devoted to generating new [[master trading agreement]]s.
Before long [[negotiation|negotiating]] {{isdama}}s had become quite the cottage industry.  Today any good-sized institution will have literally hundreds of people in [[onboarding]], [[AML]], [[credit]] sanctioning, [[legal]] and [[documentation unit]] {{isdama}}s single-mindedly devoted to generating new [[master trading agreement]]s.