Boilerplate Clauses in Commercial Contracts: Avoiding Unintended Consequences and Implementing Practical Solutions
Navigating Common Pitfalls With Choice of Forum, Choice of Law, Force Majeure, Dispute Resolution, Assignment and Other Key Clauses
Recording of a 90-minute CLE webinar with Q&A
This CLE webinar will provide guidance to business counsel for identifying and avoiding the pitfalls of boilerplate contract clauses in commercial agreements. The panel will explain how to adapt standard contract provisions—such as choice of forum, choice of law, contract assignment and dispute resolution—to the unique circumstances of a business transaction.
- Common boilerplate clauses
- Choice of forum
- Choice of law
- Multiple agreements
- Limitation of damages/liquidated damages
- No third-party beneficiaries
- Jury waiver
- Force majeure
- Pitfalls of cutting and pasting provisions
- Practical application of boilerplate clauses
The panel will review these and other key issues:
- What strategies should attorneys consider when drafting boilerplate clauses?
- Which boilerplate clauses present the most significant challenges for businesses and their counsel?
- What pitfalls should attorneys watch out for when using boilerplate language?
- How can boilerplate provisions result in unintended consequences?
Murray Hogue & Lannis
Mr. Murray represents numerous businesses and individuals in all manner of contract transactional matters and... | Read More
Mr. Murray represents numerous businesses and individuals in all manner of contract transactional matters and disputes. He co-authors with Dr. John E. Murray, Jr., the biannual supplements to the landmark contract law treatise Corbin on Contracts. He and Dr. Murray have collaborated on the book for contract law practitioners published by PBI Press, Contract Law for the 21st Century Lawyer: Critical Analysis and Practical Application. He is updating numerous chapters in Lexis' landmark formbook series, Rabkin & Johnson Current Legal Forms.Close
Steven M. Richman
Mr. Richman practices in the areas of domestic and international commercial law, including distributorships,... | Read More
Mr. Richman practices in the areas of domestic and international commercial law, including distributorships, intellectual property, agency, art and photography law, professional responsibility and contracts. He is chair of the New Jersey State Bar Association's International Law Committee. Within the American Bar Association, Steven is incoming vice-chair of the ABA's Section of International Law and chairs the IBA's Multidisciplinary Practice Committe. He is a frequent CLE lecturer both in this country and around the world.Close