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Contract Clauses

A collection of 13 posts

Arbitration Opt-Out: How to Keep Your Right to Sue

Contract Clauses

Arbitration Opt-Out: How to Keep Your Right to Sue

Imagine signing up for a new credit card, excited about the rewards and benefits, only to find yourself unable to dispute erroneous charges because of a clause buried in the fine print. This is a reality for many who unknowingly sign away their right to sue, thanks to binding arbitration

Confidentiality Clauses in Consumer Contracts: What They Prevent

Contract Clauses

Confidentiality Clauses in Consumer Contracts: What They Prevent

Imagine signing up for a popular gym membership, only to find out later that you're legally bound not to discuss your experience with anyone else. This isn't a hypothetical scare tactic. A 2021 survey by Consumer Reports found that 30% of consumers unknowingly agreed to confidentiality

Choice of Law Clauses: Why Your Contract Says Delaware or Texas

Contract Clauses

Choice of Law Clauses: Why Your Contract Says Delaware or Texas

Imagine signing a contract, only to discover later that any legal disputes must be resolved in a state you've never set foot in, like Delaware or Texas. This is the power of a choice of law clause, sometimes known as a governing law clause or contract jurisdiction clause.

Waiver of Jury Trial: Why Companies Want You Out of Court

Contract Clauses

Waiver of Jury Trial: Why Companies Want You Out of Court

Imagine this: You've just signed a contract with a new company, feeling confident and secure. Fast forward a few months, and a dispute arises. You prepare to take the matter to court, only to discover that you waived your right to a jury trial. Now, you're

Unilateral Modification Clauses: When Companies Change the Rules

Contract Clauses

Unilateral Modification Clauses: When Companies Change the Rules

Imagine signing up for a new streaming service, only to find out a few months later that your monthly subscription fee has doubled. When you investigate, you discover it was all legal under a clause you didn't notice: a unilateral modification clause. These clauses are more common than

Non-Disparagement Clauses: Silenced by Contract

Contract Clauses

Non-Disparagement Clauses: Silenced by Contract

Imagine buying a new car, only to discover it breaks down constantly. You'd naturally want to share your experience online, warning others. But what if a clause in your purchase agreement silenced you? This is the reality for many, thanks to non-disparagement clauses embedded in contracts. It&

Liquidated Damages Clauses: Pre-Set Penalties You Agreed To

Contract Clauses

Liquidated Damages Clauses: Pre-Set Penalties You Agreed To

Imagine signing a contract for a new job, feeling excited about the opportunity, only to discover later that a small clause could cost you thousands of dollars if things don't go exactly as planned. This scenario might sound like a nightmare, but for many, it's a

Indemnification Clauses: When You're Responsible for Everything

Contract Clauses

Indemnification Clauses: When You're Responsible for Everything

Imagine signing a contract that seems straightforward, only to find out later that you're responsible for covering a $100,000 lawsuit because of a hidden clause. This isn't just a nightmare scenario—it's a reality that many business owners and contractors face due to

Force Majeure Clauses: What COVID Taught Us About Contract Exits

Contract Clauses

Force Majeure Clauses: What COVID Taught Us About Contract Exits

Imagine planning the wedding of your dreams, only to have an unforeseen event like a global pandemic force you to cancel. You think you can get a refund, but when you check your contract, you see the dreaded words: "force majeure clause." Suddenly, your entire deposit, worth thousands

Cancellation Fees: How Much Does It Cost to Get Out?

Contract Clauses

Cancellation Fees: How Much Does It Cost to Get Out?

Imagine this: You've found a better deal on a service, but when you try to cancel your current contract, you're hit with an unexpected $200 cancellation fee. Suddenly, that great deal isn't so great anymore. Unfortunately, this scenario is all too common. Cancellation fees,

Liability Caps in Contracts: Why Companies Limit What They Owe You

Contract Clauses

Liability Caps in Contracts: Why Companies Limit What They Owe You

Imagine signing a contract for a home renovation you’ve dreamed about for years. You’re eager and excited, but somewhere in the fine print is a clause that could cost you thousands if something goes wrong. That’s the reality with liability caps—they're often hidden in

Class Action Waivers: What You Give Up When You Sign

Contract Clauses

Class Action Waivers: What You Give Up When You Sign

Imagine this: You eagerly open the box of your new gadget and begin setting it up, only to find it doesn't work as promised. Frustrated, you consider joining a class action lawsuit with others facing the same issue, only to discover you can't. Why? Because hidden

What is Binding Arbitration? (And Why You Should Avoid It)

Contract Clauses

What is Binding Arbitration? (And Why You Should Avoid It)

Imagine signing up for a seemingly innocuous service, only to find out later that instead of your day in court, you're bound to a private proceeding that often favors the company—not you. This is the reality many face due to binding arbitration clauses lurking in the fine