Contract Drafting (2 credits)
This course will teach the principles of contemporary commercial drafting, introduce documents typically used in a variety of business transactions and provide an overview of principled contract negotiation techniques. The course will be of particular interest to students pursuing a corporate law career, but the concepts are applicable to any transactional practice and will even be useful to litigators.
Students will be exposed to:
• the business purpose of major contract concepts;
• translating the business deal into contract concepts;
• drafting each of a contract’s parts;
• techniques for principled negotiation (win-win negotiation).
Practical examples will help students understand the importance of drafting with clarity and without ambiguity, how to work through the formal drafting process and how to review and comment on contracts. Students will participate in several multi-phase drafting exercises and mock negotiations.