Description
You’ve spent hours drafting your contract. One last step - cut and paste in your “usual” boilerplate provisions. But your cut and paste may come back to haunt you. Why? “Boilerplate” is actually critical to your contract as each of these provisions hides significant business, legal, and drafting traps that even the most sophisticated parties and attorneys routinely fall victim.
Blind use of boilerplate in contracts can result in the assumption of undue risk and costly litigation. Attend this practical, information-packed webcast that not only walks you through standard boilerplate provisions, shows you the traps, and demonstrates how to avoid or overcome them, but also explores how courts will interpret such provisions.
Provisions to be examined include among others:
- Jury trial waivers
- Arbitration and mediation
- Choice of law and choice of forum
- Force majeure
- Integration and merger clauses or disclaimers of reliance upon extracontractual representations
- No oral modifications
- Limitations of liability provisions
- Waiver of consequential damages, anti-waiver clauses
- Liquidated damages and other remedy clauses
- Waiver of the duty to mitigate damages
This course is designed for transactional lawyers who want to improve their contract drafting skills.