@abigbluebird Sent my kid to the fancy, expensive pre-school and he still came out the other end saying “lah”. Should have saved the money and sent him to Sparkletots tbh.
True story! We contracted the only specialist within 500 miles capable of servicing a bespoke system at a remote client facility. Negotiated 30 day payment terms. Approved at SVP level. Signed. A few weeks later, procurement finds out and tries to renegotiate to 60 days. The specialist said fine, but you’ll need to sign a credit agreement with me for the additional 30 days. I find out about this when procurement lands in my inbox asking me to draft a credit agreement with a vendor we just onboarded. Turns out, rather than honour the approved 30 day terms, they preferred to add a 20 page agreement to the transaction and formally become a debtor to the vendor they’d just tried to squeeze. All to tick a box. Needless to say, I killed their request with a hatchet. Procurement. Never change. 🤦
1. Anything that is in the world when you’re born is normal and ordinary and is just a natural part of the way the world works.
2. Anything that’s invented between when you’re fifteen and thirty-five is new and exciting and revolutionary and you can probably get a career in it.
3. Anything invented after you’re thirty-five is against the natural order of things.
—Douglas Adams
“It will happen to all of us, that at some point you get tapped on the shoulder and told, not just that the party is over, but slightly worse: the party’s going on and you have to leave.”
— Christopher Hitchens
I fully agree with you on existing client relationships, but I feel that prospective clients sharing sensitive commercial information before signing an engagement letter sits in a grey area. The duty may attach, but its scope is less certain and of course, in the absense of a retainer/ engagement letter, it is harder to enforce.