Bass, Berry & Sims attorney Steele Clayton authored an article outlining seven litigation risks to keep in mind when negotiating a contract. Those issues include:

  1. If a promise made by a party prior to signing the contract is important to you, it needs to be in the written contract. 
  2. How does the contract end? 
  3. What happens if the parties can’t get along?
  4. What law controls the dispute? 
  5. Who decides which party is right? 
  6. Where will the dispute be decided
  7. What damages are recoverable?

The full article, “Negotiating a Contract: 7 Litigation Risks to Keep in Mind,” was published on February 19 by IndustryWeek and available on the publication’s website.