Drafting Contracts: How and Why Lawyers Do What They Do, 3rd Edition

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Like previous editions of this landmark title, the Third Edition of Drafting Contracts: How and Why Lawyers Do What They Do, emphasizes the importance of accurately memorializing the business deal while also advancing your client's interests. New co-author Monica Llorente builds on the foundation and insights of Tina Stark's landmark text with detailed introductions to the six building blocks for drafting contracts that pave the way for understanding any type of business contract. Reader-friendly text illustrated by examples and sample provisions demonstrates the mechanics, strategy, and precision of real-world contract drafting. In line with Tina Stark's legacy of building a bridge between law school and practice, co-author Monica Llorente solicited significant input from law professors, practitioners, and law students in the course of her work on the Third Edition.

NEW TO THE THIRD EDITION

Covid's effect on contract drafting, including force majeure provisions
Expanded and updated coverage of use of qualifiers, standards, and risk allocation
Expanded and updated coverage of endgame mechanisms, such as limitations on liability, specific indemnity tools, and provisions
All-new coverage of Professional Responsibility
Part summary chapters that provide a capsule overview of all topics in those chapters
Online materials and updates on using AI and technology in drafting, available on CC Resources page and Aspen website

Professors and students will benefit from

Using drafting concepts as the building-blocks for understanding and writing business contracts
Clear descriptions of the purpose and format of every part of a contract
Guidance for developing drafting skills
Hands-on exercises for practice and self-assessment
Best-practice recommendations for drafting clearly and unambiguously
Integrated coverage of strategy, risk management, ethical considerations
Online materials and updates for using AI and Technology in contract drafting