Comments on: Unknown Unknowns: Uncertainty, Contracts, and Crisis http://corp.jotwell.com/unknown-unknowns-uncertainty-contracts/ The Journal of Things We Like (Lots) Sat, 16 Jan 2010 03:33:53 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Robert Ahdieh http://corp.jotwell.com/unknown-unknowns-uncertainty-contracts/comment-page-1/#comment-120 Robert Ahdieh Sat, 16 Jan 2010 03:33:53 +0000 http://corp.jotwell.com/?p=118#comment-120 And who was your contracts professor here at Emory? And who was your contracts professor here at Emory?

]]> By: Andrew Weltchek http://corp.jotwell.com/unknown-unknowns-uncertainty-contracts/comment-page-1/#comment-119 Andrew Weltchek Sat, 16 Jan 2010 01:55:41 +0000 http://corp.jotwell.com/?p=118#comment-119 "In this account, risk-averse lawyers (often junior associates in large law firms) incorporate a succession of new terms from one contract to the next–whether in the face of new issues, or simply because they hear that others are doing so." This reminds me that my contracts teacher at Emory (Prof. Ahdieh's current posting), told us of being such an associate and adding "vassals" to the boilerplate string of "employees, agents, representatives, assigns, successors, etc., etc., etc." used throughout a contract he was working on. And he felt confident that those vassals would remain subject to that clause (whatever it might mean) down through the ages. “In this account, risk-averse lawyers (often junior associates in large law firms) incorporate a succession of new terms from one contract to the next–whether in the face of new issues, or simply because they hear that others are doing so.”

This reminds me that my contracts teacher at Emory (Prof. Ahdieh’s current posting), told us of being such an associate and adding “vassals” to the boilerplate string of “employees, agents, representatives, assigns, successors, etc., etc., etc.” used throughout a contract he was working on. And he felt confident that those vassals would remain subject to that clause (whatever it might mean) down through the ages.

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