Description
This is a hands-on course designed to train students in how to analyze technology contracts, and how to draft and negotiate some of today's most widely used forms of technology agreements. The course will take a detailed look at every aspect of contract drafting -- why some clauses work and why others don't. Common provisions used in technology agreements will be reviewed in detail, particularly those standard, "boilerplate" terms that many lawyers have a tendency to skip. Actual contracts in use today will be dissected and students will be given ample opportunities to draft clauses, sections of contracts, and eventually entire agreements. Student teams will be assigned to meet with "clients" and, based upon the needs expressed by those clients, to prepare term sheets, and from those term sheets draft complete agreements. Student teams, representing vendors and customers, will review the other team's draft agreements and negotiate a final, mutually agreeable contract. The grade in this course will be determined through graded drafting and negotiating exercises. There will be no final exam.
