International Franchise Association's 41st Annual Legal Symposium

Partner Michael J. Lockerby will be speaking at the International Franchise Association’s (IFA) 41st Annual Legal Symposium, May 11-13, 2008 in Washington, DC.

Mr. Lockerby is speaking on Monday, May 12 from 4:00 pm – 5:30 pm with George W. Herz, II, Senior Vice President & General Counsel for Uno Restaurant Corporation. Their session is titled ” Basics Track: Franchise Agreement Drafting” and will discuss the following: 

• The strategic planning and information required to draft a Franchise Agreement for the Franchisor’s business model.
• The “must” legal provisions in a Franchise Agreement and how these provisions address everyday franchising issues.
• Analyzing the empirical business and economic data relating to the Franchisor’s business model and addressing the unique aspects of the Franchisor’s business in the Franchise Agreement.
• Structuring a “fair” Franchise Agreement that addresses the needs of the Franchisor but does not hamper the Franchisee’s ability to build value.
• Avoiding malpractice claims by carefully planning and developing the terms and conditions of the Franchise Agreement with the Franchisor and anticipating the business issues a growing and expanding Franchisor will face.

For more information, please visit IFA’s Web site.