Settlement Agreements For In-House Counsel
Key Steps And Best Practices To Draft A Fail Proof Settlement Agreement
Settlement agreements are crucially important contracts. Eﬀective settlement agreements convert the risks, delays, and expenses of lawsuits into solutions that the parties choose for themselves. The goal of a settlement agreement is not only to end an existing claim or lawsuit but also to limit future exposure for the defendant. Of course, settlement agreements do not instantly spring into being, fully formed and ready to be enforced.
Settlement agreements require careful preparation and thought before pen is put to paper. Failure to prepare may doom the agreement for lack of necessary information, such as who should sign the agreement, what the jurisdiction requires for a valid agreement, and what terms are unlawful or otherwise unavailable. It is imperative that in-house counsel be fully educated on how to prepare and draft an effective settlement agreement.
Tune in for the next edition of our IHC Essentials Series, as Robin Ratner and Johanna Monon of Structure Law Group, LLP, will provide key steps and best practices for drafting a fail-proof settlement agreement. Robin and Johanna will:
– Provide a checklist for a fail-proof settlement agreement;
– Discuss key confidentiality considerations, including best practices in light of recent developments, sealing records before filing with the court, and how to determine when a confidentiality provision is not needed;
– Provide key insights for tackling different types of Settlement Agreements, including employer/employee settlement agreements, and
– Advise how to enforce breached settlement agreements that contain liquidated damages, attorney fees, and refund of settlement amount provisions.
Viewers will come away from the program with a solid understanding of how to draft settlement agreements that are fail-proof and will be apply and implement key lessons to their own settlement agreements.
PLEASE NOTE: THE VIDEO IS NOT CLE ELIGIBLE