The Future of the Force Majeure: Negotiating Contracts Amid Uncertainty

This is premium content. You must be a PCMA Member to access this video

Login with PCMA Join PCMA

Traditionally long planning timelines have been transformed into quickly moving and reimagined meetings, as both business event planners and venue professionals navigate shifting and sometimes murky timelines laced with uncertainty. It’s time that our outdated event agreement processes are reinvented—and renegotiated—to match new circumstances that require agility and flexibility.

These conversations require a strategic and careful approach to maintain crucial relationships and help push our industry forward. Join this session and dive into negotiation strategies, the lowdown on contracts, and overcoming challenges amid disruption. Our experienced panel will discuss with attendees a future-focused path to create newly negotiated and mutually beneficial contracts, along with crucial questions that must be answered to develop solid agreements that help lower risk, encourage further growth and opportunities and ensure all parties’ safety.

Learning Objectives:

  • Confidently approach partnerships and negotiate (or renegotiate) contracts that allow you to plan events during continuing disruption.
  • Implement crucial elements to be covered within your agreements, including force majeure clauses and other legal stipulations.
  • Navigate important questions that can ensure event safety for you, your attendees, and event partners.

PCMA is an Approved CAE Provider & CMP Preferred Vendor.

Information

  • Duration: 01:00:32
  • Date: 01/10/2022
  • Speakers:
         
         
         

CMP Certification

  • EIC Status: Submitted
  • CMP-IS Domain: C. Risk Management
  • Clock Hours: 1.0