What is the weight of a promise? A\xa0promise is a powerful thing. In law and in business, not every promise carries weight.

Twenty-five congressional Democrats wrote to Energy Secretary Chris Wright on Thursday urging against the cancellation of ...

It is binding in a business deal. An engagement letter is less formal than a contract, but still a legally binding document that can be used in a court of law. An engagement letter also serves to ...

Adobe says its newest AI tool can summarize never-ending contracts. But how long before lawyers game it with deceptive ...

I’ve asked myself before, “What makes a promise legally binding?” I also wondered why some promises don’t need a written contract and how businesses can protect themselves when making ...