General Contract Clauses: Choice of Law | Practical Law
Choice of law clause, also known as a governing law clause, that allows the contracting parties to choose the substantive law of the appropriate state to apply to the contract. The parties should review the choice of law clause together with the choice of forum clause, as courts look to both provisions to determine whether to adjudicate the claim and what law to apply. This Standard Clause has integrated notes with important explanations and drafting tips.