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Event Contracts: Agree to Be Agreeable

SmartMeetings

Negotiation experts share tips for building win-win event contracts The ROI is in the details when drafting a vendor contract. Contract Creation OK, you have an agreement in principle, but who should draft this all-important language. A hotel’s contract is created to protect the hotel,” she said.

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Event Planning Has Risen in the Ranks of Most Stressful Jobs

Velvet Chainsaw

According to a study by the World Scholarship Vault , event planner stress levels are hitting a new high — the third-most stressful job in the world for 2023. Annual conference budgets are usually finalized 12-plus months prior to the event. Planners are charged with making the problem go away but have little to no negotiating power.

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Renegotiating Live Event Agreements When All Parties Are Innocent Victims

Velvet Chainsaw

This is the third in a series of blogs posts, written collaboratively by our team, which uncover lessons learned in advising dozens of our clients on their events in the time of COVID-19. Many conference organizers want to change their exhibit contract language or attendee cancellation policies to avoid future losses. Remove Barriers.

Contracts 398
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Ask the Attorney: Future Agreement

SmartMeetings

Problem clauses to consider fixing or downright excluding Sometimes, in an attempt to cover all of our bases by including every conceivable contract clause, we trap ourselves in the outfield with confusing and unenforceable language that leads only to lawsuits and court cases. Lowest Rate Every contract is a futures agreement.

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New Contract Essentials in an Ever-Changing Environment

SmartMeetings

2022 contracting will require going back to basics. The beginning of a new year brings the promise of new events, incentives and meetings. Contracting in the current Covid climate, however, is complex—everything feels unsettled, so it’s hard to know how to plan. How do we navigate this ever-changing environment?

Contracts 116
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The New Bottom Line

SmartMeetings

How to prepare for 2023 contract negotiations Yes, we’re out of the pandemic shutdown, but it’s not back to “business as usual.” While corporate events are happening, they’re not the same and show no signs of returning to any kind of “normal” (if there is such a thing!). Maybe a buffet option can do double as a networking event.

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Acing the Post-COVID Contract

SmartMeetings

If there’s one thing coronavirus has done, it’s shone a spotlight on the importance of having a rock-solid contract to protect you from legal action. Before the coronavirus, many venue contracts didn’t feature force majeure clauses , and too many planners may not have seen a need for it. Event Contract Language.