How Can Better Contracting Add 10% To Your Bottom Line?

In this exclusive podcast, Oil & Gas iQ’s Tim Haïdar speaks with Jim Bergman, VP of Training at the International Association for Contract and Commercial Management (IACCM), about the finer points of advanced contract risk management in the world today.

Effective contract risk management represents one of the biggest challenges faced by legal counsels, contract managers and supply chain specialists in the oil and gas industry. Getting your contracting right could mean savings of tens of millions of dollars in the long run.

Jim Bergman has led the development and implementation of numerous innovative contracting practices in global, leading organizations. Jim has managed supply base portfolios worth over US$1 billion, and has also developed contracting processes for a number of Fortune 500 companies. His training, coaching and advisory efforts have led to savings of well over US$100 million.

In the course of this interview, Jim touches on:

• Why the legal field is still talking about the Deepwater Horizon tragedy more than two years after the fact
   
• How multiparty contracting has changed since 2010
   
• The emergence of “collaborative contracting” and what exactly this means for the contemporary oil and gas business sphere
   
• The tangible benefits of attending Contract Drafting and Risk Management Training for Oil & Gas 2.0 for your processes and your pocket