Tuesday, July 10, 2007

Best Efforts vs. Reasonable Efforts

Ken Adams, author of A Manual of style for Contract Drafting, published this article in The Practical Lawyer: Understanding Best Efforts and Its Variants.

I particularly liked his chart of the different "effort" phrases used in contracts filed with the SEC in 2004:

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.