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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
ColoradoApproved2.00General12/31/2027
ConnecticutApproved1.25GeneralOn-going
DelawareApproved1.30General01/28/2027
FloridaApproved1.50General12/31/2026
GeorgiaApproved1.00General12/31/2025
HawaiiApproved1.25General01/29/2027
IdahoApproved1.25General01/28/2030
IllinoisApproved1.25General05/18/2027
IndianaApproved1.00General06/23/2026
IowaApproved1.25General01/28/2026
KansasApproved1.50General05/18/2026
KentuckyPending State Response0.00
LouisianaApproved1.25General05/18/2026
MaineApproved1.25General06/30/2027
MinnesotaPending State Response0.00
MissouriApproved1.50GeneralOn-going
MontanaApproved1.25General01/29/2028
NebraskaApproved1.25General01/28/2027
NevadaApproved1.00General12/31/2028
New HampshireApproved1.30General01/28/2028
New JerseyApproved1.50GeneralOn-going
New MexicoApproved1.30General01/28/2030
New YorkApproved1.50SkillsOn-going
North CarolinaApproved1.25General02/28/2026
North DakotaApproved1.25General01/29/2028
OhioPending State Response0.00
OklahomaApproved1.50General06/01/2026
OregonApproved1.25General01/29/2028
PennsylvaniaApproved1.00General05/18/2027
Puerto RicoApproved1.25General07/13/2026
Rhode IslandApproved1.50General06/30/2026
South CarolinaApproved1.25General12/31/2025
TennesseeApproved1.25General05/18/2026
TexasApproved1.25General05/31/2026
UtahApproved1.00General12/31/2025
VermontApproved1.25GeneralOn-going
VirginiaApproved1.50General10/31/2025
WashingtonApproved1.25General01/28/2030
West VirginiaApproved1.50GeneralOn-going
WisconsinApproved1.50GeneralOn-going
WyomingApproved1.25General05/18/2026

Speakers