We periodically benchmark joint venture (JV) legal and ancillary agreements to understand prevalent practices, and identify underappreciated risks and creative structures to inform JV practitioners. We recently benchmarked 25 cross-industry master secondment agreements (MSAs) against 28 terms. Most were silent on more than 50 per cent of terms we expected to see. This is critically important for natural resources (where up to 83 per cent of upstream production of major oil companies comes from JVs), and because secondees are seen in at least 80 per cent of JVs. We make the case that companies need to draft better MSAs, and provide guidance on improving secondee management without renegotiation.

我们会定期对合资企业（JV）的法律和附属协议进行基准测试，以了解普遍的做法，并找出未被充分认识的风险和创新结构，以向合资企业从业者提供信息。我们最近以28个条款为基准对25个跨行业的总借调协议（MSA）进行了基准测试。大多数人对我们期望看到的超过50％的条件保持沉默。这对自然资源至关重要（大型石油公司上游生产中高达83％的资源来自合资企业），因为借调人员中至少有80％来自合资企业。我们认为，公司需要起草更好的MSA，并提供有关在不重新谈判的情况下改善借调人员管理的指导。