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Contracts, Negotiations and Financials

SmartMeetings

A Breakdown of Post-Pandemic Contract Clauses. New Contract Essentials in an Ever-Changing Environment. Contracting in the current Covid climate is complex—everything feels unsettled, so it’s hard to know how to plan. Harness the Power of Negotiation for Post-Covid Success. Acing the Post-COVID Contract.

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3 Event Contract Trends in 2022

EventMB

If you thought event contracts were tricky before the pandemic, buckle up for even more complications. In 2020, executing the force majeure clause in a contract was fairly straightforward. The fundamental purpose of meetings had been frustrated. A lot of contracts don’t specify that. Force majeure Flexibility.

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Event Contract Considerations for 2021

SmartMeetings

If you spent 2020 talking about force majeure clauses more than you ever had in your career, you are not alone. There’s much to consider legally to get in-person meetings truly get going again. Smart Meetings got in touch with an expert about what meeting professionals should be thinking about when face-to-face meetings resume.

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Event Contract Considerations for 2021

SmartMeetings

Has this year strengthened your relationship with the event contract? 2020 brought to the fore voluminous talk about force majeure clauses , common law principles and greater attention to legal terms in general. There’s much to consider legally when in-person meetings truly get going again. If so, you’re not alone.

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Win-Win Venue Contracts Mean Identifying These Planner Personas

Event Leadership Institute

Most event planners want a venue contract in which everybody wins. However, because they’re also accountable to someone—a boss or a client—some are tempted to use negotiation tactics that can catch venue sales representatives off guard. It can cause the sales rep to think he or she is remiss in meeting the planner’s needs.

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Don’t Ask for a Covid Force Majeure Clause Now, and Other Advice from a Hotel Attorney

Smart Meetings

Good news: The outbreak of Covid force majeure cancellations and postponements that plagued the industry in 2020 did not lead to a rash of precedent-setting lawsuits. Most meeting planners found ways to move ahead, even if there were some tense moments and damages paid. Now, the question is how to build contracts moving forward.

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Booking Group Business in the Future of Meetings

SmartMeetings

Editor’s Note: This is part of a series reporting on FICP Chats about the future of meetings. See also : Meeting Profs Demonstrate Community and Resiliency on #MeetingsChat. Based on the in-person site inspection, that clause should allow meetings professionals the option to cancel the contract without penalty.

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