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Decoding Consumer Contracts: Key Legal Developments for Today's Practice 2025

Content Provider
American Law Institute CLE
Product
CLE
Run Time
75 Minutes
Recording Date
01/29/2025
Presenter(s)
Omri Ben-Shahar, Florencia Marotta-Wurgler, Steven O. Weise
Learning Method
On-Demand Training
Practice Area
Corporate and Business Law, Banking and Financial Services
Persona
CLE OnDemand

Price $219.00

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Description

Consumer contracts touch nearly every aspect of daily life. Yet, unlike traditional contract law, the law of consumer contracts presents a fundamental challenge to practitioners, because of the asymmetry in information, sophistication, and stakes between the parties to these contracts: the business and the consumers. This webcast dives into the practical aspects of consumer contracts, taking into account The American Law Institute’s recently released Restatement of the Law, Consumer Contracts. The session combines an expert analysis of key sections of the Restatement with take-away strategies for attorneys who advise commercial clients. Using real-world examples and illustrations, participants will learn to navigate issues such as reasonable notice, contract formation, and compliance with federal and state laws. The program also addresses how attorneys can adapt to evolving standards, highlighting the Consumer Financial Protection Bureau’s (CFPB) role in shaping consumer contract provisions. Key Takeaways: > Learn actionable approaches for addressing issues related to reasonable notice and contract terms through illustrations and commentary. > Explore the CFPB’s influence on consumer contracts and ensure compliance with federal and state laws. > Understand the goals and principles behind the Restatement of the Law, Consumer Contracts, including an exploration of critical sections. This program is ideal for consumer law attorneys, corporate counsel, and legal practitioners focusing on contracts or compliance. Whether you’re drafting, reviewing, or litigating consumer contracts, you’ll gain invaluable knowledge to navigate today’s regulatory requirements with confidence and precision.

Literature

State Status Total Credits Type Of Credit Approved Thru
AlabamaApproved1.00General12/31/2025
AlaskaApproved1.25GeneralOn-going
ArizonaApproved1.25GeneralOn-going
ArkansasApproved1.25GeneralOn-going
CaliforniaApproved1.25Participatory01/28/2030
ConnecticutApproved1.25GeneralOn-going
DelawareApproved1.30General01/28/2027
GeorgiaApproved1.00General12/31/2025
HawaiiApproved1.25General01/29/2027
IdahoPending State Response0.00
IllinoisApproved1.25General05/18/2027
IndianaPending State Response0.00
IowaApproved1.25General01/28/2026
KansasApproved1.50General05/18/2026
KentuckyPending State Response0.00
LouisianaPending State Response0.00
MainePending State Response0.00
MinnesotaPending State Response0.00
MissouriApproved1.50GeneralOn-going
MontanaPending State Response0.00
NebraskaPending State Response0.00
New HampshireApproved1.30General01/28/2028
New JerseyApproved1.50GeneralOn-going
New MexicoApproved1.30General01/28/2030
New YorkApproved1.50SkillsOn-going
North CarolinaApproved1.25General02/28/2026
North DakotaPending State Response0.00
OhioPending State Response0.00
OklahomaPending State Response0.00
PennsylvaniaApproved1.00General05/18/2027
Puerto RicoPending State Response0.00
South CarolinaPending State Response0.00
TennesseeApproved1.25General05/18/2026
UtahPending State Response0.00
VermontApproved1.25GeneralOn-going
VirginiaApproved1.50General10/31/2025
West VirginiaApproved1.50GeneralOn-going
WisconsinApproved1.50GeneralOn-going

Speakers