The How And W5 Of Jurisdiction Clauses

In today’s global economy, a company’s particular jurisdiction is without doubt of great importance to the daily workings and management of most companies whether they are domestic or abroad and whether its clientele is local, international or in most cases a combination of both. It follows that when companies enter into legally binding agreements, locally or abroad, jurisdiction clauses will play an important role in most commercially drafted agreements.

Unfortunately, for the most part, the first time these clauses receive any great scrutiny is when they receive their deserved attention from the litigator, at which point it is often too late and after the damage has been done when a dispute has already erupted between the parties. But this does not have to be the case. If the jurisdiction clause is given some careful consideration at the outset then in the event of a dispute the parties can have more control and some degree of certainty of how matters will be