Course Description
This program will dive into the basics of effective contract drafting. Through a series of real-life examples from legal practice, participants will learn key aspects of well-crafted (and not-so-well-crafted) provisions and strategies to help avoid future disputes.
Principles
- The Foundations of Effective Contract Drafting
- Building Blocks of a Contract
- Additional Provisions of a Contract
- Pitfalls in Contract Drafting and How to Avoid Them
Syllabus
- The Foundations of Effective Contract Drafting
- Why Contracts Should Be in Writing / Statute of Frauds
- Types of Contracts
- Building Blocks of a Contract
- Parties’ Obligations and Responsibilities
- Payment Terms
- Term and Termination
- Representations and Warranties
- Breach and Remedies
- Contract Modification
- Additional Provisions of a Contract
- Indemnification
- Limitation of Liability
- Insurance
- Force Majeure
- Independent Contractor Issues
- Intellectual Property Rights
- Confidentiality, Non-Solicitation, and Non-Competition
- Severability
- Dispute Resolution (Litigation, Arbitration, and Mediation)
- Governing Law / Venue
- Entire Agreement
- Pitfalls in Contract Drafting and How to Avoid Them