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Best of 2023: Event Contracts and Budgeting

Smart Meetings

Creating experiences, setting the stage for networking opportunities, and fostering connections among colleagues and association members are what the meetings and events world is all about. Meetings MBA: Budgets, Models and Forecasts Budgets are great for estimating and tracking spending. In short, think big.

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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. Performing the activities stipulated in the contract had been made impracticable.

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COVID-19 Considerations for Meetings Contracts

SmartMeetings

Do meetings cancelled as a result of coronavirus concerns quality as force majeure ? attorney at Devlin Law Firm, explained in a recent Smart Meetings Accelerator webinar “ COVID-19 Considerations for Meetings Contracts ” that the answer is complicated. The first step is to read your contract,” Devlin said.

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A Breakdown of Post-Pandemic Contract Clauses

Smart Meetings

Now two years out from where we were at the pandemic’s genesis, one question continues to peck at the minds of meeting planners: “Can the fear of Covid be sufficient enough to trigger force majeure ?”. Post-Covid Contract Solutions.”. The Act of God: What To Include in Your Force Majeure Contract. Who’s Got Jurisdiction?

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Emerging Association Meeting Strategies

Smart Meetings

To explore this further, Smart Meetings sat down with Michelle Mason, president and CEO of ASAE , to learn how meeting professionals can bring members together in more meaningful ways and what the next generation of convention attendees want in their experience. I think we are the trusted source. Mason used AI as example of this. “AI

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

Smart Meetings

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. Negotiate a clause about what will make an event financially important to go forward and negotiate based on that.”. Fee Negotiation.

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Top Legal Issues Meeting Profs Should Be Aware of in 2023

Smart Meetings

Force Majeure clause and employment classifications changes coming for MPs The legal nuances of meeting planning can be a bit overwhelming even for the seasoned planners. To offer some helpful insight in what areas to be on the lookout for, Smart Meetings sat down with Ty M. Sheak continued, “The short form is usually not advisable.

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