The first and most obvious tool for the lawyer to use in the construction of a gas laws practice worksheet is the Memorandum of Understanding. The MOU will outline the foundation of the proposed agreement, including issues concerning the scope of the relationship between the attorneys in question. At the heart of the MOU will be a list of issues and a request for both parties to sit down with an attorney and go over the specifics of the proposed deal. From this point on, the Memorandum of Understanding will serve as the one resource each party relies on for full understanding and for constructive input on how the proposed deal should be structured.
The MOU sets the parameters for the gas laws practice worksheet. It sets the parameters for each party’s roles and responsibilities. Without this document, each side would just work on their own. The intent is to avoid the conflict between lawyers who are under a shared commitment.
The MOU will serve as the template from which to build a gas laws practice worksheet. It serves as the common ground for both sides. Each side gets to identify their areas of expertise.
One important issue that arises is whether a specific issue is resolved at trial or during discovery. This is an important part of any transaction that involves settlement or litigation. If the issue is resolved at trial, the Memorandum of Understanding document can define what the parties agree to do about that issue at trial. Otherwise, the Memorandum of Understanding document will include provisions for resolving any unresolved issues at trial. It is imperative that the court have access to the parties’ knowledge at trial and throughout the entire course of the case.
The next thing to consider is whether there are any items that the clients need to be addressed before proceeding to the next step in the process. For example, does the client need to be notified about the existence of an issue? If so, a memorandum of understanding will have a provision that indicates the parties are required to draft a written agreement regarding the matter. This is another element that is written into the MOU.
As the case goes forward, the Memorandum of Understanding document is going to need to be updated. New details may emerge. How do you keep current? The answer lies in the length of time the Memorandum of Understanding document covers. If a particular area does not require specific legal protection, it will need to be addressed by the attorneys in question.
What happens when the specific details of a deal to change? Well, a Memorandum of Understanding is essentially an arrangement for the parties to work through issues in the case. A document that merely contains a clause stating the two parties agree to abide by a certain process in the future may be inadequate.
Once the memorandum is drafted, it serves as the foundation for a gas laws practice worksheet. Both parties’ roles and responsibilities are defined in the document. Any new developments in the case are incorporated in the Memorandum of Understanding document. There is no ambiguity.
