A good way to make verbal contracts binding would be to send follow-up emails right after discussions. The follow-up emails can summarize everything discussed over the conversation in writing. Once all the details, including any agreements reached, are written in an email and confirmation sought from the other party, then confusion can be cleared off at an earlier stage. This builds a time-stamped document that might be referred to in case disputes arise. Moreover, it shows accountability, as both parties get reminded in writing of their commitments, therefore making it difficult for any side to deny the words of the verbal agreement. Additionally, nowadays virtually meeting collaboration apps…   Read more»