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Gig Economy Trends: Developments, and Insights into the Industry 2016

finger pointing at 2016

 

From Business.com, Anthony Carranza discusses the growth of the gig economy and offers guidance on how to avoid contract mistakes and take advantage of technology trends. Anthony writes:

It is a growing business model and an important sector of the economy, which companies looking to adapt in a competitive market will have to evolve their operations and tailor their core training programs to meet the demands of this latest trends.

Common Contract Mistakes to Avoid and Legal Technology Trends to Harness

As a temporary worker, freelancer or a contractor the grass is not always greener on the other side. Since you do have a great deal of freedom and flexibility in your work this does make contract negotiations simpler. It is paramount to cover every single detail without leaving anything out.

Contracts are the backbone to practically almost any business exchange that you can fall back on when a conflict or disagreement arises around a project, they are the best way to ensure business proceeds as planned. A blog post written by Rogers and Moss Attorneys at Law emphasizes the need to have contractual agreements drafted by an attorney who will include clauses that ambiguous pre-made legal forms tend to leave out; and to verify that every detail has been carefully scrutinized specific to one’s state.

Elsewhere, legal tech will undergo significant shifts in 2016. Specifically, contract software will see major growth fueling the usage of cloud computing by lawyers to run their law firms, mentioned by Capterra. In other words, artificial intelligence will automate more legal tasks. These legal software resources will be extended onto mobile and wearable devices providing a robust set of tools to better handle anything related to law, disputes and contracts.

Source: Gig Economy Trends: Insights in Industry – business.com

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