Business Contracts: Nuts-and-bolts approaches to better contract drafting, real-world examples, warranties, indemnities, limitations of liability, and recent trends

Michael R. Overly
Michael R. Overly | Foley & Lardner LLP

Michael Overly is a partner in Foley & Lardner’s Information Technology & Outsourcing Group and Privacy, Security and Information Management Groups. He is one of the few practicing lawyers who has satisfied the rigorous requirements necessary to obtain the Certified Information System Auditor (CISA), Certified Information Systems Security Professional (CISSP), Information Systems Security Management Professional (ISSMP), Certified in Risk and Information Systems Controls (CRISC), Certified Outsourcing Professional (COP), and Certified Information Privacy Professional (CIPP) certifications.

Live Video-Broadcast: October 20, 2022

Business Contracts: Nuts-and-bolts approaches to better contract drafting, real-world examples, warranties, indemnities, limitations of liability, and recent trends

$145.00 1 hour CLE

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Program Summary

In this webinar, we will discuss real-world, nuts and bolts approaches to better contract drafting. In particular, we will focus on common pitfalls encountered in business contracts and practical ways to address them. Numerous examples from actual contracts will be discussed, along with specific examples of how best to draft stronger, clearer contract protections. The most common areas of risk in business contracts will be discussed, including warranties, indemnities, and limitations of liability. In addition, we will discuss recent trends in the industry regarding contract drafting, including the problem of contracts that “float” because many key terms are referenced through embedded links to web pages that can change at any time. The techniques and approaches discussed can be used immediately to achieve materially stronger contracts.

This course is co-sponsored with myLawCLE.

Key topics to be discussed:

  • Nuts-and-bolts approaches to better contract drafting
  • Common pitfalls encountered in business contracts and practical ways to address them
  • Discussion of examples from actual contracts
  • How to draft stronger and clearer contract protections
  • Common areas of risk in business contracts
  • Recent trends in the industry

Date / Time: October 20, 2022

  • 11:00 am – 12:40 pm Eastern
  • 10:00 am – 11:40 am Central
  • 9:00 am – 10:40 am Mountain
  • 8:00 am – 9:40 am Pacific

 

Closed-captioning available

Speakers

Michael-R.-Overly_Foley-&-Lardner-LLP_FedBarMichael R. Overly | Foley & Lardner LLP

Michael Overly is a partner in Foley & Lardner’s Information Technology & Outsourcing Group and Privacy, Security and Information Management Groups. He is one of the few practicing lawyers who has satisfied the rigorous requirements necessary to obtain the Certified Information System Auditor (CISA), Certified Information Systems Security Professional (CISSP), Information Systems Security Management Professional (ISSMP), Certified in Risk and Information Systems Controls (CRISC), Certified Outsourcing Professional (COP), and Certified Information Privacy Professional (CIPP) certifications.

He writes and speaks frequently regarding negotiating and drafting technology transactions and the legal issues of technology in the workplace, e-mail, and electronic evidence. He has written numerous articles and books on these subjects and is a frequent commentator in the national press (e.g., the New York Times, Chicago Tribune, Los Angeles Times, Wall Street Journal, ABCNEWS.com, CNN, and MSNBC) and has testified before the U.S. Congress regarding online issues.

Agenda

I. Nuts-and-bolts approaches to better contract drafting | 11:00am – 11:15am

II. Common pitfalls encountered in business contracts and practical ways to address them | 11:15am – 11:30am

III. Discussion of examples from actual contracts | 11:30am – 11:45am

IV. How to draft stronger and clearer contract protections | 11:45am – 12:00pm

Break | 12:00pm – 12:10pm

V. Common areas of risk in business contracts | 12:10pm – 12:25pm

  • Warranties
  • Indemnities
  • Limitations of liability

VI. Recent trends in the industry | 12:25pm – 12:40pm

  • The problem of contracts that “float”
  • Techniques and approaches