As the scope of business transactions expands, so does the influence of the common-law world. No matter where in the world a deal takes you, the basic way of doing things is based on a common-law model inspired by City and New York law firms.

This program is an opportunity to examine the process of contract drafting and interpretation from a common-law perspective. We will examine some things you may have wondered about. For example, what does “best efforts” really mean? And what’s the difference between “best efforts” and “commercially reasonable efforts”?

The more you know about the common-law background of the contracts you deal with every day, the better equipped you will be to handle international deals.