Learn how to better draft and negotiate release provisions and the significant role they play in contracts.
Parties often do not fully assess the potential significance of a contract’s release provision or whether a release provision is even necessary. They often make the mistake of thinking that release language in a settlement agreement or contract modification is merely 'boilerplate' or insignificant. Release provisions in contracts are not all created equal and often are skewed to favor one party over the other.
This topic will help you better understand the role and function of release provisions in contracts. We will offer practical guidance about the significance of release provisions and provide tips for successfully drafting, negotiating and enforcing release provisions. This content will provide you with practical tips and tools that you can apply to your own contracts – from the negotiation table to the courtroom.