Email to a Friend

Return to Is the Devil in the Details?

* Required Field






Separate multiple entries with a comma. Maximum 5 entries.



Separate multiple entries with a comma. Maximum 5 entries.

Loading ... Loading ...

3 Responses to “Is the Devil in the Details?”

  1. Andrew Mitton /

    My experience is that an attempt at precision pays diminishing returns. Each change requires more changes until the contract is a mess. Often additions in agreements inadvertently create ambiguities. It takes humility to realize that you can't cover every possible contingency. We humans are horrible at predicting the future. Reply

  2. Michael Toebe /

    With human nature as it is, complex and usually self serving, taking the time to create precision now is almost always worth the time and effort and equally desirable. Lengthy contract documents or negotiations overwhelm people with the tidal wave of controlling minutiae but those points are in there for a reason, to eliminate as much of the back-end costs as possible, even if they are one-sided agreements. As we know, people are o.k. with loopholes if it benefits them and not everyone is ethical or moral either. Assuming differently, wishing for what can't be is setting yourself up for what Ernest Hemingway called "earned disappointment." Leave things to chance and the back-end costs are going to leave you with cause for regret. Both parties in a negotiation need to keep that in mind. Reply

Reply to Andrew Mitton