Technology Contracts and Boilerplate Language: Be Aware of the Pitfalls
The most dangerous terms of a contract — the terms in the “boilerplate” — are often ignored and overlooked, writes Brad N. Mondschein in an article published on Pullman & Comley LLC‘s website.
“Because similar boilerplate language is included in all contracts, many parties ignore the language as unimportant ‘legalese’ that has no real effect on the contractual relationship and is only understood by lawyers,” he writes. “While there is boilerplate language that is standard and is looked at only in passing (such as the ability to sign the contract in counterparts or the fact that changes to the contract must be in writing signed by the parties), technology contract boilerplate language has become increasingly complex and important to the relationships of the parties.”
