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BOILERPLATE CONTRACT LANGUAGE MAY GET YOU IN HOT WATER

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New York Law Journal/August 19, 2002 – Sometimes a standard legal document does not contemplate all aspects of a client’s transaction, or more often, does not sufficiently clarify each party’s rights and positions relative to the transaction. Equally important is the ever present need for clear drafting which will avoid future questions concerning the intentions of the parties to the instrument. Although all parties may walk away from a conversation feeling as though they are in agreement, it is the written document evidencing these agreements that will control when a dispute arises . . .