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2014

Contracts

University of New Mexico

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Full-Text Articles in Law

How Contract Boilerplate Can Bite, Alex Ritchie Jan 2014

How Contract Boilerplate Can Bite, Alex Ritchie

Faculty Scholarship

Lawyers and academics often use the term “boilerplate” to refer to standardized non-negotiable contracts that prey upon consumers. But for more sophisticated contracts drafted and negotiated by transactional lawyers, the term refers to those common, usually short, and seemingly innocuous provisions at the end of the contract, often under a heading entitled “general” or “miscellaneous.” While these provisions seem harmless enough, for those transactional lawyers unfortunate enough to see 50 or 100 page contracts the subject of litigation, experience shows that crafty litigators with ample time and will to research and argue the meaning of each word in the contract ...