On Demand

Essentials

Application and Importance of Boilerplate Terms in Contracts

1h 1m

Created on September 15, 2022

Beginner

CC

Overview

Avoid unforeseen consequences and review your contract for overused and abused boilerplate terms.

Sean Smith, an Attorney at Continuum Legal Group LLP, will address the parts of a contract that often go overlooked and under-appreciated - the boilerplate terms, and the provisions toward the end of the contract that are often left to the lawyers that are not heavily negotiated, but that matter most when things go wrong. This program will also discuss damages and warranty provisions, choice of law and forum clauses, arbitration clauses, and many of the other contract terms that usually do not get the attention they need and deserve.


Learning Objectives:

  1. Identify what boilerplate terms are and why they matter

  2. Analyze and apply provisions within contracts, including damages and indemnification provisions and warrant provisions

  3. Review and understand the consequences of the choice of law and choice of forum clauses

  4. Recognize and predict intent and potentially court analysis of commonly used contract interpretation clauses

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