June 14, 2005
AALS Contract Fest opens
Contracts illuminati from around North America are gathering today for the first AALS Conference on Contract since -- well, in a long time. They're convening in one of the continent's most fabled cities, Montréal, for Exploring the Boundaries of Contract Law. It's one of those rare AALS events being held at a great place at the perfect time of year. Here's the conference overview:
Exchange transactions constitute the core of our economic system and, not surprisingly, contract law occupies a central place in the legal curriculum. Contract law’s predominance has never been more evident [Ed. note: Where have you gone, Grant Gilmore?], as new 21st century technologies expand the nature and province of consensual exchanges and emerging political systems explore the limits of contract-based economies. In this environment, legal decision makers must consider, among other things, the need for new rules and principles to govern novel forms of transactions, such as electronic standard-form contracting and software licensing, and to police against overreaching that results from unique kinds of market failures. Further, recent work exploring the nature of assent and applying cognitive psychology, critical theory, techniques of legal planning, and other tools, increases our understanding of the nature and function of contract law and demonstrates the breadth of contract law’s domain.
Tonight starts with a Reception from 6:00, and events kick off tomorrow morning at 8:45. Going on at the same time is Commercial Law at the Crossroads, which has a number of joint sessions with the Contracts program.
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