Contract Drafting: What the best lawyers know (2024 Edition)

Kenneth M. Gorenberg
Mark P. Henriques
Danielle E. Cohen
Kenneth M. Gorenberg | Barnes & Thornburg LLP
Mark P. Henriques | Womble Bond Dickinson LLP
Danielle E. Cohen | Tesser & Cohen, Attorneys at Law

On-Demand: June 17, 2024

3 hour CLE

Tuition: $245.00
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Program Summary

Session I - Contractual indemnification, insurance, and limitation of liability provisions – Kenneth M. Gorenberg

In entering contracts almost every day, businesses of all sizes and industries frequently flip right past the indemnification, insurance, and limitation of liability provisions as mere boilerplate. This webinar will help you understand that these risk allocation provisions can be as important as price and other deal terms. You will learn some of the pitfalls and opportunities to consider in these provisions. After this program, you will be in a better position to draft and negotiate provisions that align with your business objectives, are clear to the parties, and will be enforced by the courts.

Key topics to be discussed:

  • How each of these provisions can allocate risk
  • Buzzwords and other drafting considerations
  • Challenges to enforceability
  • Cautionary tales

Session II – Drafting clear and enforceable contracts - Mark P. Henriques

This Session presents the process for preparing contracts that are clear and legally enforceable. We start by discussing general drafting principles. These include the need to use precise language, removal of unnecessary words and outdated legalese, definition of terms, use of capitalization and the dangers of synonyms. We also cover proper sentence structure, punctuation, and formatting tips. The webinar will review the use of boilerplate terms and provisions, including the pros and costs of using them. We also review how and when to use form contracts.

After discussing these principles, we will discuss how good drafting can make your contracts more enforceable in court. We will cover how to properly document the “meeting of the minds” by defining performance with specificity, establishing due dates and crafting the correct payment terms. The webinar will review best practices regarding specification sheets, exhibits, and other frequent contract attachments. You will understand the different types of pricing models that can be used in your contracts, including the risks and pitfalls of the different approaches.

This session provides a litigator’s perspective on dispute resolution clauses, including a discussion of when arbitration is a better option than litigation. We will also review the idea of tiered dispute resolution provisions and the importance of forum selection and choice of law provisions. We will review the meaning of indemnification and discuss the types of clauses often used in contracts. We will also discuss best practices for contract modification, including a review of the “change order” process commonly used for construction contracts. We will identify risks with the increasingly popular “unilateral modification” language. It will conclude with advice on what to do when contract disputes do emerge, including the proper time to get legal counsel involved, when to implement a litigation hold, and the value of Early Case Assessment.

Key topics to be discussed:

  • General drafting principles
  • Enhancing enforceability
  • Dispute resolution clauses
  • Handling contract disputes

Session III - Drafting commercial construction contracts from the owner and contractor perspective - Danielle E. Cohen

Many parties are not aware of critical contract provisions that can substantially affect their rights during a project and upon termination. This session will discuss contract drafting fundamentals, including termination provisions. We will also provide some insight into what contract language should be included to protect respective parties’ rights and interests. The discussion will include critical information related to parties’ rights related to payment and defective work.

Key topics to be discussed:

  • Contract drafting from the owner perspective
  • Owner protections: payment/performance bonds, lien waivers, discharge of mechanic’s liens
  • Contract drafting from the contractor perspective
  • Drafting considerations related to delay, notice of defects and opportunity to cure

This course is co-sponsored with myLawCLE.

Closed-captioning available

Speakers

Kenneth-Gorenberg_Barnes-Thornburg-LLP_FedBarKenneth M. Gorenberg | Barnes & Thornburg LLP

Kenneth M. Gorenberg is a partner in the Chicago office of Barnes & Thornburg LLP, a national firm of more than 20 offices and 700 lawyers. Ken represents businesses in insurance coverage matters, as well as in product liability and commercial litigation. Admitted to practice in 10 federal courts, he has tried cases and argued appeals across the country. Whether litigating or counseling, Ken always focuses on the business problem or opportunity at the heart of the matter. He partners with his client to create and implement a strategy tailored to the specific client and matter. Ken earned his undergraduate degree from the University of Pennsylvania and his law degree from the University of Chicago. He was elected as a Fellow of the American College of Coverage Counsel in 2014 and has been recognized by Best Lawyers in America for his work in insurance law every year since 2021.

 

Mark-P.-Henriques_Womble-Bond-Dickinson_FedBarMark P. Henriques | Womble Bond Dickinson LLP

Mark is a trial attorney focused on pragmatic resolution of complex business disputes. He has successfully litigated cases involving construction, real estate, fraud, unfair trade practices, class actions, non-compete and non- disclosure agreements, and breach of contract. He has experience in state and federal courts in both North and South Carolina. Mark has prevailed in numerous trials, arbitrations, and mediations. Mark has served as first chair in more than nine jury trials, five of which lasted a week or more. He has successfully argued cases before the Fourth Circuit Court of Appeals and the North Carolina Supreme Court.

Mark’s strength lies in his ability to quickly focus on key issues and then develop a comprehensive strategy to win the case through discovery, mediation/negotiation, motions practice and trial. His organized, engaging presentation skills allow him to explain even the most complex or technical factual patterns to a mediator, arbitrator, judge, or jury. Mark’s clients include leaders in education, banking, consumer finance, retail, pharmaceuticals, health care, information technology, construction, and real estate. Mark helps his clients solve the “better, faster, cheaper” challenge.

A member of the Sedona Conference (WG1-E-Discovery, WG6-International EIectronic Information Management, & WG11-Data Security and Privacy Liablity), the Association of Certified E-Discovery Specialists (ACEDS) and the firm’s BullDox e-discovery team, Henriques understands the complex legal and cost issues surrounding e-discovery, litigation holds and ESI collection, processing, review, and production. As an experienced e- discovery lawyer, he understands how the correct technology (whether in- house or hosted externally with a vendor) can save money and find the “hot” documents that are outcome determinative. Mark’s combination of trial and e-discovery experience make him a frequent choice to serve as local counsel to clients and Lex Mundi affiliates worldwide. As an education lawyer, Mark advises and represents public and private educational institutions, including the Cabarrus County Board of Education.

 

Danielle E. Cohen_FedBarDanielle E. Cohen | Tesser & Cohen, Attorneys at Law

Danielle E. Cohen is a partner at Tesser & Cohen, where she concentrates her practice on construction litigation. She has represented a diverse range of construction clients, including owners, general contractors, subcontractors, and material suppliers. She has been involved in both prosecuting and defending claims on private and public projects in New Jersey and New York, including delay claims, construction lien and mechanics lien foreclosure actions, defective work claims, bond claims, Prompt Payment Act claims, and trust fund issues. Ms. Cohen is listed in the New Jersey editions of Super Lawyers, Rising Stars from 2014 through 2021 and in the New Jersey editions of Super Lawyers from 2022 through 2024 in the field of construction law. Ms. Cohen is the immediate past Co-Chair of the New Jersey State Bar Association, Construction Law Section.

Agenda

Session I – Contractual indemnification, insurance, and limitation of liability provisions | 11:00am – 12:00pm

  • How each of these provisions can allocate risk| 11:00am – 11:15am
  • Buzzwords and other drafting considerations| 11:15am – 11:30am
  • Challenges to enforceability| 11:30am – 11:45am
  • Cautionary tales| 11:45am – 12:00pm

Break | 12:00pm – 12:10pm

Session II – Drafting clear and enforceable contracts | 12:10pm – 1:10pm

  • General drafting principles | 12:10pm – 12:25pm
  • Enhancing enforceability | 12:25pm – 12:40pm
  • Dispute resolution clauses | 12:40pm – 12:55pm
  • Handling contract disputes | 12:55pm – 1:10pm

Break | 1:10pm – 1:20pm

Session III – Drafting commercial construction contracts from the owner and contractor perspective | 1:20pm – 2:20pm

  • Contract drafting from the owner perspective | 1:20pm – 1:35pm
  • Owner protections: payment/performance bonds, lien waivers, discharge of mechanic’s liens | 1:35pm – 1:50pm
  • Contract drafting from the contractor perspective | 1:50pm – 2:05pm
  • Drafting considerations related to delay, notice of defects and opportunity to cure | 2:05pm – 2:20pm

Credits

Alaska

Approved for CLE Credits
3 General

Our programs are CLE-eligible through Alaska's recognition of multi-jurisdictional reciprocity.
Alabama

Pending CLE Approval
3 General

Arkansas

Approved for CLE Credits
3 General

Our programs are CLE-eligible through Arkansas's recognition of multi-jurisdictional reciprocity.
Arizona

Approved for CLE Credits
3 General

California

Approved for CLE Credits
3 General

Colorado

Pending CLE Approval
3 General

Connecticut

Approved for CLE Credits
3 General

District of Columbia

No MCLE Required
3 General hours

Delaware

Pending CLE Approval
3 General

Florida

Reciprocity
3.5 General Hours

Receive CLE credit in Florida via reciprocity
Georgia

Approved for CLE Credits
3 General

Hawaii

Approved for CLE Credits
3 General

Iowa

Pending CLE Approval
3 General

Idaho

Pending CLE Approval
3 General

Illinois

Approved for Self-Study Credits
3 General

Indiana

Approved for Self-Study Credits
3 General

Kansas

Pending CLE Approval
3 General

Kentucky

Pending CLE Approval
3 General

Louisiana

Pending CLE Approval
3 General

Massachusetts

No MCLE Required
3 General

Maryland

No MCLE Required
3 General

Maine

Approved for Self-Study Credits
3 General

Michigan

No MCLE Required
3 General

Minnesota

Approved for Self-Study Credits
3 General

Missouri

Approved for Self-Study Credits
3.6 General

Mississippi

Pending CLE Approval
3 General

Montana

Approved for Self-Study Credits
3 General

North Carolina

Pending CLE Approval
3 General

North Dakota

Approved for CLE Credits
3 General

Our programs are CLE-eligible through North Dakota’s recognition of multi-jurisdictional reciprocity. Section 1, Policy 1.14
Nebraska

Pending CLE Approval
3 General

myLawCLE reports attendance to Nebraska on each attorney's behalf for all programs. Please do not self-report.
New Hampshire

Approved for CLE Credits
180 General minutes

As of July 1, 2014, the NHMCLE Board no longer provides pre- or post-approval of courses. Attendees must self-determine whether a program is eligible for credit, and self-report their attendance online at www.nhbar.org, based on qualification provisions of Rule 53.
New Jersey

Approved for CLE Credits
3.6 General

Our programs are CLE-eligible through New Jersey's recognition of multi-jurisdictional reciprocity, except for the courses required under BCLE Reg. 201:2
New Mexico

Approved for Self-Study Credits
3 General

Nevada

Approved for Self-Study Credits
3 General

New York

Approved for CLE Credits
3.6 General

Our programs are CLE-eligible through New York’s Approved Jurisdiction Group “A”.
Ohio

Approved for Self-Study Credits
3 General

Oklahoma

Approved for Self-Study Credits
3.5 General

Oregon

Approved for Self-Study Credits
3 General

Pennsylvania

Approved for Self-Study Credits
3 General

Rhode Island

Pending CLE Approval
3.5 General

South Carolina

Pending CLE Approval
3 General

South Dakota

No MCLE Required
3 General

Tennessee

Approved for Self-Study Credits
3 General

Texas

Approved for CLE Credits
3 General

Utah

Pending CLE Approval
3 General

Virginia

Not Eligible
3 General Hours

Vermont

Approved for CLE Credits
3 General

Washington

Approved via Attorney Submission
3 Law and Legal Hours

For CLE course attendance credit, Washington state attorneys must self-apply to the Washington State Bar. myLawCLE will supply Washington state attorneys with the self-application package and instructions on how to gain credit.
Wisconsin

Approved for Self-Study Credits
3.5 General

West Virginia

Pending CLE Approval
3 General

Wyoming

Pending CLE Approval
3 General

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