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Effective Contract Drafting: Fundamentals, Negotiation Strategies, and Key Provisions

Master essential contract drafting principles, avoid common pitfalls, and learn how courts interpret key provisions for enforceable agreements.

2025-04-11 13:00:00

Program Details

2025-04-11 13:00:00

Program Details

2025-04-11 13:00:00

Over 1,000+ webinars

2025-04-11 13:00:00

Course Overview

Drafting Enforceable Commercial Contract Provisions

2025-04-11 13:00:00

Participants will master precise language choices, structural techniques, and risk allocation strategies that prevent litigation. These skills translate directly to drafting contracts that courts will interpret as intended.

Format

CLE Credit

2h CLE Credits

Level

Intermediate

Length

2

Key topics that will be covered

01
Plain English
Write contracts simply so juries and judges unfamiliar with deals can understand them.
02
Online Formation
Ensure provisions are prominent and reasonably noticeable so contracts actually form when users click.
03
Avoiding Ambiguity
Prevent terms from being construed multiple ways, which forces courts to determine intent.
04
Key Terms
Understand how courts interpret words like arising, relating, shall, material, and best efforts.
05
Risk Allocation
Draft indemnity, consequential damages, and liquidated damages clauses to be enforceable.
06
Choice Clauses
Structure choice of law and forum clauses that courts will actually enforce.

Program schedule

clock 1:00 pm - 1:20 pm EST

Fundamentals of Contract Law and Effective Drafting

This session establishes core principles for drafting enforceable contracts, emphasizing clarity, plain English, and writing for audiences unfamiliar with the transaction. Participants will learn why freedom of contract has limitations and how courts view poorly drafted agreements.

Steven O. Weise.Steven O. Weise.
Edwin E. SmithEdwin E. Smith
clock 1:20 pm - 1:40 pm EST

Negotiation Strategies and Smart Contract Formation

Explore the risks of over-negotiation and why having bargaining power doesn’t mean using all of it. The DoorDash arbitration case demonstrates how standard clauses can backfire when not thoughtfully considered.

Steven O. Weise.Steven O. Weise.
Edwin E. SmithEdwin E. Smith
clock 1:40 pm - 2:00 pm EST

Online Contract Formation and Electronic Agreements

Learn essential requirements for forming valid electronic contracts, including prominence and noticeability standards. This session covers 25 years of case law from Specht to the new Restatement of Consumer Contracts.

Steven O. Weise.Steven O. Weise.
Edwin E. SmithEdwin E. Smith
clock 2:00 pm - 2:10 pm EST

Break

A short intermission allowing participants to refresh before continuing with key contract provisions and best practices.

Steven O. Weise.Steven O. Weise.
Edwin E. SmithEdwin E. Smith
clock 2:10 pm - 2:30 pm EST

Key Contract Provisions and Boilerplate Best Practices

Deep dive into avoiding ambiguity, proper use of definitions, grammar pitfalls, and the problems with ALL CAPS and redundancy. Participants will learn how sentence structure, modifiers, and comma placement can dramatically affect contract interpretation.

Steven O. Weise.Steven O. Weise.
Edwin E. SmithEdwin E. Smith
clock 2:30 pm - 2:45 pm EST

Legal and Regulatory Considerations in Drafting

Examine commonly misunderstood contract terms including ‘arising’ versus ‘relating,’ ‘shall’ versus present tense, and ‘best efforts’ standards. This session clarifies how courts interpret these critical terms differently than drafters often intend.

Steven O. Weise.Steven O. Weise.
Edwin E. SmithEdwin E. Smith
clock 2:45 pm - 3:00 pm EST

Risk Management and Avoiding Common Drafting Errors

Navigate choice of law and forum clauses, indemnity provisions, consequential damages exclusions, and non-reliance clauses. Learn from cases like G Companies how fundamental policy exceptions can override contractual choices.

Steven O. Weise.Steven O. Weise.
Edwin E. SmithEdwin E. Smith
clock 3:00 pm - 3:10 pm EST

Enforcing and Amending Contract Terms Effectively

Cover practical enforcement considerations including statutes of limitations, jury waivers, force majeure, notice requirements, and severability clauses. This closing session provides key takeaways for drafting enforceable, strategically sound agreements.

Steven O. Weise.Steven O. Weise.
Edwin E. SmithEdwin E. Smith
Steven O. Weise.

Steven O. Weise.

Proskauer Rose LLP

Edwin E. Smith

Edwin E. Smith

Morgan Lewis & Bockius LLP

Steven O. Weise.

Steven O. Weise.

Proskauer Rose LLP

Steve Weise is a partner practicing a wide range of commercial law, with particular focus on matters arising under the Uniform Commercial Code, especially Article 9 – Secured Transactions. He is a nationally recognized expert in these matters and is also authoritative on third-party opinion letters, contract law, online contracting, plain English drafting, and boilerplate.

Education & Credentials

Lecturer in Law at UCLA Law School, where he taught Uniform Commercial Code – Secured Transactions.

Recognition & Leadership

Nationally recognized expert in Uniform Commercial Code matters, especially Article 9 – Secured Transactions.

Professional Involvement

Member of the Permanent Editorial Board for the Uniform Commercial Code and of the Council of the American Law Institute. Former chair of the American Bar Association's Section of Business Law and its Legal Opinions Committee. Reporter for many TriBar Opinions Committee reports on opinions under the UCC. Long-time member of the board of the Working Group on Legal Opinions. Active in many other Restatement projects.

Experience

For thirty years, Steve has been on many Uniform Commercial Code drafting committees, including the comprehensive revision of UCC Article 9 in 1999 and the 2022 UCC Amendments addressing digital assets as collateral. He was instrumental as an Adviser in the preparation of the American Law Institute Restatement of the Law, Consumer Contracts.
Edwin E. Smith

Edwin E. Smith

Morgan Lewis & Bockius LLP

Edwin E. Smith focuses on commercial law and insolvency, both domestic and cross-border, as a Senior Consultant at Morgan, Lewis & Bockius LLP. He advises creditors and counterparties on the insolvency and commercial risks that arise in sales, leasing, financing, investment securities, derivatives, and repo-style transactions, and his work spans workouts, bankruptcies, debt and structured financings, and international transactions. He is also a Uniform Law Commissioner and Life Member for the Commonwealth of Massachusetts.

Education & Credentials

Mr. Smith received his Juris Doctor from Harvard Law School in 1974 and his Bachelor of Arts from Yale University in 1968. He is admitted to practice in Massachusetts and New York, including before the Massachusetts Supreme Judicial Court and the U.S. District Court for the District of Massachusetts.

Recognition & Leadership

Chambers USA has recognized Mr. Smith as a Senior Statesperson in Bankruptcy/Restructuring and in Banking & Finance in Massachusetts (2021–2026), and Lawdragon has named him among the 500 Leading Global Bankruptcy and Restructuring Lawyers (2020, 2024–2026). His honors include the Homer Kripke Achievement Award from the American College of Commercial Finance Lawyers (2012), an Achievement Award from the Boston Bar Association, the Massachusetts Bar Association, and the Uniform Law Foundation (2013), and the Excellence Award of the UCC Committee of the ABA Business Law Section (2009). He has also been listed in The Best Lawyers in America, with Lawyer of the Year designations in 2012, 2013, 2014, and 2020.

Professional Involvement

Mr. Smith serves as a Board Member and Treasurer of the National Bankruptcy Conference, is a past Board Member of the American College of Bankruptcy, and is a member of the International Insolvency Institute. Within the Uniform Law Commission, he chaired the Drafting Committee to amend the Uniform Fraudulent Transfer Act, now the Uniform Voidable Transactions Act, as well as the drafting committees for the 2022 UCC amendments addressing emerging technologies and the 2002 amendments to UCC Articles 3 and 4, and the Joint Review Committee for the 2010 amendment to UCC Article 9. He is a member of the Permanent Editorial Board for the UCC and a Life Member of the American Law Institute, a past Chair of the UCC Committee of the ABA Business Law Section, a past President of the American College of Commercial Finance Lawyers, and has served as a U.S. Delegate to UNCITRAL working groups on international receivables financing and the secured transactions guide.

Experience

Mr. Smith’s insolvency experience includes serving as counsel to Exelon Corporation in the Chapter 11 of Pacific Gas & Electric Company, to UBS AG in the Chapter 9 bankruptcy of the City of Detroit, to various creditors of Lehman Brothers Holdings Inc. and its subsidiaries, to Chapter 11 plan administrators for Refco Inc. and the Chapter 11 trustee of Refco Capital Markets Ltd., and to asset purchasers in the Chapter 11 of Sun Edison. Outside of court, he has represented bank syndication agents, syndicate members, and derivative obligation holders in restructurings, and counseled a hedge fund on settling counterparty claims and restructuring investor arrangements toward liquidation.

He has taught secured transactions as a faculty lecturer at Harvard Law School, Northeastern University Law School, and Suffolk Law School, and at Boston University Law School’s Morin Center for Banking Law Studies. He speaks regularly for organizations including the American Bankruptcy Institute, the National Conference of Bankruptcy Judges, ALI-CLE, the American Bar Association, and the Practicing Law Institute.
Steven O. Weise.

Steven O. Weise.

Proskauer Rose LLP

Steve Weise is a partner practicing a wide range of commercial law, with particular focus on matters arising under the Uniform Commercial Code, especially Article 9 – Secured Transactions. He is a nationally recognized expert in these matters and is also authoritative on third-party opinion letters, contract law, online contracting, plain English drafting, and boilerplate.

Education & Credentials

Lecturer in Law at UCLA Law School, where he taught Uniform Commercial Code – Secured Transactions.

Recognition & Leadership

Nationally recognized expert in Uniform Commercial Code matters, especially Article 9 – Secured Transactions.

Professional Involvement

Member of the Permanent Editorial Board for the Uniform Commercial Code and of the Council of the American Law Institute. Former chair of the American Bar Association's Section of Business Law and its Legal Opinions Committee. Reporter for many TriBar Opinions Committee reports on opinions under the UCC. Long-time member of the board of the Working Group on Legal Opinions. Active in many other Restatement projects.

Experience

For thirty years, Steve has been on many Uniform Commercial Code drafting committees, including the comprehensive revision of UCC Article 9 in 1999 and the 2022 UCC Amendments addressing digital assets as collateral. He was instrumental as an Adviser in the preparation of the American Law Institute Restatement of the Law, Consumer Contracts.
Edwin E. Smith

Edwin E. Smith

Morgan Lewis & Bockius LLP

Edwin E. Smith focuses on commercial law and insolvency, both domestic and cross-border, as a Senior Consultant at Morgan, Lewis & Bockius LLP. He advises creditors and counterparties on the insolvency and commercial risks that arise in sales, leasing, financing, investment securities, derivatives, and repo-style transactions, and his work spans workouts, bankruptcies, debt and structured financings, and international transactions. He is also a Uniform Law Commissioner and Life Member for the Commonwealth of Massachusetts.

Education & Credentials

Mr. Smith received his Juris Doctor from Harvard Law School in 1974 and his Bachelor of Arts from Yale University in 1968. He is admitted to practice in Massachusetts and New York, including before the Massachusetts Supreme Judicial Court and the U.S. District Court for the District of Massachusetts.

Recognition & Leadership

Chambers USA has recognized Mr. Smith as a Senior Statesperson in Bankruptcy/Restructuring and in Banking & Finance in Massachusetts (2021–2026), and Lawdragon has named him among the 500 Leading Global Bankruptcy and Restructuring Lawyers (2020, 2024–2026). His honors include the Homer Kripke Achievement Award from the American College of Commercial Finance Lawyers (2012), an Achievement Award from the Boston Bar Association, the Massachusetts Bar Association, and the Uniform Law Foundation (2013), and the Excellence Award of the UCC Committee of the ABA Business Law Section (2009). He has also been listed in The Best Lawyers in America, with Lawyer of the Year designations in 2012, 2013, 2014, and 2020.

Professional Involvement

Mr. Smith serves as a Board Member and Treasurer of the National Bankruptcy Conference, is a past Board Member of the American College of Bankruptcy, and is a member of the International Insolvency Institute. Within the Uniform Law Commission, he chaired the Drafting Committee to amend the Uniform Fraudulent Transfer Act, now the Uniform Voidable Transactions Act, as well as the drafting committees for the 2022 UCC amendments addressing emerging technologies and the 2002 amendments to UCC Articles 3 and 4, and the Joint Review Committee for the 2010 amendment to UCC Article 9. He is a member of the Permanent Editorial Board for the UCC and a Life Member of the American Law Institute, a past Chair of the UCC Committee of the ABA Business Law Section, a past President of the American College of Commercial Finance Lawyers, and has served as a U.S. Delegate to UNCITRAL working groups on international receivables financing and the secured transactions guide.

Experience

Mr. Smith’s insolvency experience includes serving as counsel to Exelon Corporation in the Chapter 11 of Pacific Gas & Electric Company, to UBS AG in the Chapter 9 bankruptcy of the City of Detroit, to various creditors of Lehman Brothers Holdings Inc. and its subsidiaries, to Chapter 11 plan administrators for Refco Inc. and the Chapter 11 trustee of Refco Capital Markets Ltd., and to asset purchasers in the Chapter 11 of Sun Edison. Outside of court, he has represented bank syndication agents, syndicate members, and derivative obligation holders in restructurings, and counseled a hedge fund on settling counterparty claims and restructuring investor arrangements toward liquidation.

He has taught secured transactions as a faculty lecturer at Harvard Law School, Northeastern University Law School, and Suffolk Law School, and at Boston University Law School’s Morin Center for Banking Law Studies. He speaks regularly for organizations including the American Bankruptcy Institute, the National Conference of Bankruptcy Judges, ALI-CLE, the American Bar Association, and the Practicing Law Institute.

Credits by state

AK2.0
AL2.0
AR2.0
AZ2.0
CA2.0
CO2.0
CT2.0
DC2.0
DE2.0
FL2.0
GA2.0
HI2.0
IA2.0
ID2.0
IL2.0
IN2.0
KS2.0
KY2.0
LA2.0
MA2.0
MD2.0
ME2.0
MI2.0
MN2.0
MO2.4
MS2.0
MT2.0
NC2.0
ND2.0
NE2.0
NH120.0
NJ2.0
NM2.0
NV2.0
NY2.0
OH2.0
OK2.5
OR2.0
PA2.0
RI2.5
SC2.0
SD2.0
TN2.0
TX2.0
UT2.0
VA2.0
VT2.0
WA2.0
WI2.0
WV2.4
WY2.0

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MCLE Credits

Alabama
Pending
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Approved
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Approved
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Approved
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Pending
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Approved
Delaware
Pending
District of Columbia
No Required
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Kentucky
Pending
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Pending
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Pending
Maryland
No Required
Massachusetts
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Michigan
No Required
Minnesota
Approved
Mississippi
Pending
Missouri
Approved
Montana
Pending
Nebraska
Pending
Nevada
Pending
New Hampshire
Approved
New Jersey
Approved
New Mexico
Approved
New York
Approved
North Carolina
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Approved
Ohio
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Pending
Oregon
Approved
Pennsylvania
Approved
Rhode Island
Pending
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Pending
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No Required
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Pending
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Approved
Virginia
Not Eligible
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Approved
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Pending
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Pending

Alabama

Requirements

The Alabama State Bar MCLE Commission requires attorneys to complete 12 credits, including 1 ethics, by December 31 of each year. All credits must be reported by February 15 of the following year. A maximum of 12 credits, including 1 ethics credit, may be carried over for 1 year only.  

Formats

  • Attorneys can earn unlimited “live” credit through live seminars, live webcasts, and co-sponsored locations with MyLAWCLE-Alabama approved programs
  • Attorneys are limited to 6 credits per compliance period of “online” programs through MyLAwCLE On-Demand programs