Rob Fafinski and Adam Brown discuss Price Escalation Clauses in contract drafting.
Rob outlines the types of Price Escalation Clauses available, the reasons to use them, strategies for successful utilization and implementation, and the ways that these clauses can be beneficial for both manufacturers and their customers. Rob and Adam discuss the Manufacturing Practice Group at FMJ and the great work that team is doing. They also talk about Barbenheimer, kid germs, and Napoleon before getting back on track to discuss the appeal of these types of price escalation arrangements for business buyers and sellers, and Rob gives Adam an economics lesson about just-in-time fulfillment.