Commercial Contract Drafting - How to Manage New Risks in 2025

Introduction

The business and legal environment has undergone significant transformation over the past two years. In 2023 and 2024, critical developments reshaped the way we approach risk management and contract law. To ensure your commercial contracts remain effective and resilient, they must evolve alongside these changes.

Are your contracts ready for 2025? This virtual classroom seminar will equip you with the knowledge and practical tools you need to update your contracts and effectively manage new risks. Learn how recent legal developments and case law should influence your drafting strategies to protect your interests in the ever-changing commercial world.

As the commercial and legal landscapes shift, the contracts you draft need to reflect the latest developments to be effective. Outdated contracts can leave you exposed. Join Mark Weston in this interactive seminar to ensure your contracts are not only compliant, but strategically sound in managing the risks of tomorrow.

What You Will Learn

This live and interactive course will cover the following:

• Forming contracts
• Things to say and not to say so as not to be unintentionally bound
• Good faith
• Express clauses importing obligations of good faith
• Implications of good faith
• Scope of good faith by the back door
• Exclusion and limitation of liability clauses
• How to draft so as to take account of the 2017 post Brexit approach - and what has happened since then in 2023-4
• Implied terms
• How to draft so as to take account of the 2015 M&S revision - and what has happened since then in 2023-4
• Unexpected events
• Things to watch out for in drafting due to unexpected events
• Termination
• Changes in our understanding of termination - and how to draft
• A miscellany of lesser drafting points we have learnt from cases

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.