Don’t Get Caught Overlooking Boilerplate Clauses in Commercial Contracts
While often thought of as not controversial and relatively non-substantive, boilerplate provisions play an integral role in clarifying the relationship between the contracting parties. Neglecting those provisions can lead to unintended legal consequences, warns Thompson Coburn LLP.
Authors Brent Trame and Taylor Melching discuss examples of common boilerplate provisions that warrant closer review: Assignment, governing law and jurisdiction/venue, and the entire agreement clause.
