Overview
Lawyers use the term "boilerplate" to refer to the provisions at a contract's end-choice of law, notice, arbitration, assignments, etc. Costly problems arise when drafters ignore the subtleties of these provisions. This remarkable book gives you new insights into language you've seen countless times. Written by expert practitioners and incorporating the latest case law, the book covers over 20 provisions. For each provision, it explains the law and parses the provision in detail, including variations. You'll never look at a contract the same way again.Synopsis
This resource educates lawyers and business professionals on how to draft "boilerplate" provisions, a legal term that refers to the standardized, one-size-fits-all provisions that generally appear at the end of a contract. Each chapter tackles one of 20 provisions and analyzes why it is important, the key legal and business issues raised, and how to draft the provision to suit a particular transaction. This analysis not only helps readers better understand how to draft these provisions in their contracts, but also helps them better understand the other party's proposed provision.
About the Author
Tina Stark, Esq. is an adjunct professor of law at Fordham University School of Law and the president of Inhouse Legal Education, Inc. She was formerly a corporate partner at Chadbourne & Parke LLP and a banker with Irving Trust Company.