Precise Contingency Drafting

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Explore:  Contingency Clauses
Contracts look to the unknown future. Rare, then, is the contract that does not have to address some degree of uncertainty in its language. As lawyers drafting a contract, our task often includes dealing with two or more possible outcomes of this or that element of uncertainty in a comprehensive yet reasonably concise manner. Drafting contingency clauses that adequately and clearly cover the permutations of uncertainty is usually challenging. Unfortunately, there are a number of ways to fumble the challenge; adding ambiguity or See more +
Contracts look to the unknown future. Rare, then, is the contract that does not have to address some degree of uncertainty in its language. As lawyers drafting a contract, our task often includes dealing with two or more possible outcomes of this or that element of uncertainty in a comprehensive yet reasonably concise manner. Drafting contingency clauses that adequately and clearly cover the permutations of uncertainty is usually challenging. Unfortunately, there are a number of ways to fumble the challenge; adding ambiguity or contradiction on top of uncertainty, is, to say the least, no service to the client or the objective of the contract. See less -

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