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Mastering Event Contracts: Essential Negotiation Strategies for Meeting Planners in 2025

Smart Meetings

Avoid pitfalls and protect your event Contracts are the lifeblood and backbone of the meetings industry. Negotiating contracts is the first step before confirming speakers, color themes or catering options. Budget Cuts and Cancellations Shifts are bound to happen, especially for financial reasons.

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News: Force Majeure Clauses and a Financial Firm’s Lawsuit Victory

Event Marketer

It wasn’t long ago that force majeure was commonly perceived as insignificant boilerplate language added to the end of an event contract. Court of Appeals verdict, a new precedent for event contracts may have been set, as MeetingsNet reports. Now four years later, in the wake of a U.S.

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Best of 2023: Event Contracts and Budgeting

Smart Meetings

Over the last year, Smart Meetings wrote about contract and budgeting tips and trends this year for the event planner who wants to keep on top of their financials, so they can keep creating memorable experiences. What they aren’t so great at is considering the nuances in your financial plan. In short, think big.

Contracts 264
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What Risk Factors Are Top of Mind for Association Event Organizers?

Velvet Chainsaw

Three primary risk categories are emerging as organizations weigh their options for major conferences in 2021: Mitigating financial risk. Mitigating Financial Risk. Financial predictions. Financial challenges continue to be at the forefront for many associations. Contract concerns. Health, safety and duty of care.

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The 2024 Guide for Financial and Insurance Meetings

Smart Meetings

Experts offer tips and ideas for meeting professionals As the year slowly comes to a close, many financial and insurance meeting planners may be thinking about what they should be keeping on their radar. Meeting planners may also want to consider alternative cities that may offer better financial options. growth in innovation and 15.7%

Insurance 246
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FICP Annual Elevated Conversation Around Meaning

Smart Meetings

Financial and insurance industry meeting planners face complex demands. Learn More: From Checkboxes to Strategy: Implementing and Leading Sustainable Event Practices Topics included AI adoption, succession planning, contract negotiations, neurodiversity affordances, transportation management and sustainable sourcing.

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How to Address Tariffs in Event Contracts

EventMB

Building flexibility into contracts through substitutions and force majeure protections can help mitigate financial surprises and keep events on track. Skift Take: Tariffs can trigger unexpected cost spikes for both planners and suppliers. Andrea Doyle Read the Complete Story On Skift Meetings

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