Risk Management: How Technological Advancement is Impacting Contract Creation

1 hour verifiable CPD

With the advancement of technology, legal procedures are also forced to evolve and adapt over time. In contract law this can raise serious questions about contract creation, such as when agreements become legally binding and the allocation of liability.  
This webinar will explore the intersection of contract law, technology and risk management. The first half will deep dive into the impact on technology in creating legally binding contracts: what does recent case law say about contract creation? And what should lawyers be aware of when drafting contracts given new technologies? The second half will focus on smart contracts, their benefits and drawbacks, and an analysis of liability apportionment if illegalities or complications arose from these contracts. A combined Q&A with both of our speakers will allow time to deep dive and develop the conversation surrounding this evolving area of law. 

Learning outcomes:

• Explore how technological advancements are impacting contract creation and the legal requirements for a contract to become legally binding 
• Learn what smart contracts are and how you can utilise them in your daily tasks 
• Analyse liability apportionment as technology interacts with contract law