GT Shareholder Howard Jeruchimowitz presented "Drafting Boilerplate Clauses: Don't Get Burned by These Often-Overlooked Provisions." You’ve spent hours drafting your contract. One last step - cut and paste in your “usual” boilerplate provisions. But your cut and paste may come back to haunt you. Why? “Boilerplate” is actually critical to your contract as each of these provisions hides significant business, legal, and drafting traps that even the most sophisticated parties and attorneys routinely fall victim.