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Drafting Business Contracts: Principles, Techniques & Forms

Drafting Business Contracts: Principles, Techniques & Forms

Published August 2025

This guide to modern drafting helps ensure that your contracts are complete, clear, and effective.

  • Governing principles, preliminary considerations 
  • Recitals, representations, and warranties
  • Consideration, covenants, and conditions
  • Risk allocation
  • Legal opinions
  • Assignment, delegations, and third-party beneficiaries
  • Events of default, remedies, and ADR
  • Execution checklist and forms
  • Electronic contracting
  • Amendments and modifications
  • Special purpose agreements: letters of intent, promissory notes, guaranties, powers of attorney, and software license agreements
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Table of Contents

  1. Mechanics of Document Drafting
  2. Drafting Principles: Strategy, Standards, and Ethics
  3. Preliminary Considerations
  4. Client Interview
  5. Format of the Agreement: Appearance and Introductory Information
  6. Duration of the Agreement
  7. Factual Basis of the Agreement: Recitals, Representations, and Warranties
  8. Consideration
  9. Convenants
  10. Conditions
  11. Risk Allocation
  12. Legal Opinions
  13. Rights of Nonparties: Assignment, Delegation, and Third Party Beneficiaries
  14. Defining Events of Default
  15. Remedies
  16. Dispute Resolution Procedures
  17. General Provisions
  18. Execution and Signatures
  19. Amendments and Modifications to Executory Contracts 
  20. Letters of Intent
  21. Promissory Notes 
  22. Guaranties
  23. Powers of Attorney
  24. Drafting Intellectual Property Licenses

Authors

Original Authors:

  • David C. Burgess
  • George S. Cabot
  • Cynthia Caldeira
  • James F. Fotenos
  • Alexander Fried
  • Jonathan Golden
  • Barry A. Graynor
  • Michael A. Grayson
  • Alan S. Gutterman
  • Victor Hsu
  • Palmer Brown Madden
  • Clara Ruyan Martin
  • Steven L. Morgan
  • Peter S. Muñoz
  • Christopher E. Nordquist
  • Brian J. Philpott
  • Benjamin A. Ram
  • Dr. Michael J. Ram
  • Ingrid Rechtin
  • Jeffrey G. Sheldon
  • Ronald H. Star
  • Pauline M. Stevens
  • Vincent W. Thorpe
  • Daniel E. Titelbaum
  • Thomas E. Tyner
  • Carolyn Owens Vogt
  • Edith R. Warkentine
  • Keith T. Zimmet

Update Authors:

  • David C. Burgess
  • Corey A. Donaldson
  • Ian L. Elsenheimer
  • Morgan T. Lynch
  • Jessica M. Wan

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