Dr. John E. Murray was the nation’s most respected authority on the law of contracts.
He spent half a century helping students and lawyers unlock its mysteries in the law schools he headed up and at numerous Pennsylvania Bar Institute seminars. He and Tim Murray drafted a very practical book for PBI to help lawyers avoid contract drafting landmines. The third edition was being worked on at the time Dr. Murray passed away. Dr. Murray intended to use this book in this seminar. His co-author, Tim Murray and a stellar panel will stand in for him. Using Dr. Murray’s book, they will march attorneys through a “typical” contract and highlight 30 common traps for the unwary.
Learn to navigate around the most common traps for the unwary that pop up in contract drafting
The law of contracts is riddled with contract drafting landmines--laws that require the contract to be worded in certain ways in order to be given effect. The only way to avoid these traps is to be familiar with the pertinent statutory and case law that govern them — the most careful drafting in the world won’t save the contract without this knowledge.
Discuss these critical clauses:
Choice of Law
Merger Clause Problems
Delve into these problem areas:
- Indemnity Clause
- Letters of Intent
- CISG (for International Contracts)
- Demands for Adequate Assurances
- "Battle of the Forms"
- Force Majeure
- Employee Handbooks
- No Third Party Beneficiary Rights
- Time is of the Essence
- No Oral Modification Clauses
- Clause Limiting Time for Suit
- "Pay if Paid" v. "Pay when Paid"
- Anti-Assignment Clauses
Get all of them right every time
A real eye opener for anyone dealing with contracts in his/her practice (regardless of level of experience).