The pandemic affected more aspects of our lives than we were prepared to tackle. Most famously discussed to date is the disruption of the international supply chain. The labor shortage, increasing demand, and logistics issues all coalesced into the supply chain crisis we are currently battling and will continue to fight.
Interestingly enough, these same supply chain issues are not foreign to those familiar with international trade. In fact, the pandemic only exacerbated common trade dilemmas. As a result, the atmosphere in trade is ripe for dispute. Now is the time to analyze lessons learned from the supply chain crisis and reevaluate legal processes in terms of trade, emphasizing the importance of clear contractual language and dispute resolution clauses.
