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Overview
This annual two-day course was created by the venerable Milton Friedman as the Milton Friedman Lecture Series over 50 years ago and remains one of PLI’s longest running, popular programs. In 2023 long-time Program Chair John Busey Wood will be joined by new Co-Chairs, Meyer Last and Ruth A. Schoenmeyer.
Designed as an in-depth tutorial on drafting and negotiating essential provisions of commercial leases, this year’s program will continue the tradition of teaching actual practical skills for attorneys of all levels. Our always exceptional faculty will dissect cases still winding through the court system while providing invaluable perspective drawn from their decades of experience.
Participants will gain a better understanding of dispute resolution, liability risk shifting, accounting terms, valuation, and cost allocation from the viewpoints of both landlords and tenants. Further we will provide comprehensive updates on emerging industries, such as cannabis, the ongoing impact of COVID, insurance coverage matters, financing needs, and hot topics in retail.
What You Will Learn
After completing this program, participants will be able to:
- Incorporate strategic negotiating tips into everyday practice
- Draft meaningful insurance coverage clauses
- Adjust leasing goals in the aftermath of COVID
- Weigh the pros and cons of mediation, arbitration and litigation
- Revisit the lender's standard agreement and the unavailable SNDRA for new Leases
- Negotiate agreements for ground leases and master leases including conversion to condo
- Navigate new cannabis industry leasing issues
- Revise standard leasing clauses under current landlord or tenant expectations
- Advise on tenant protocols and reporting requirements on medical waste and hazardous materials