Course description
Drafting and Enforcing Limitation of Liability Clauses
Gain an understanding of the limitation of liability clauses that should not be overlooked when signing contracts.
Some parties sign contracts without reviewing or thinking about the limitation of liability provisions. Other parties recognize that a limitation of liability can be a very important provision, but they have trouble effectively drafting and negotiating terms that are understandable, agreeable, and enforceable. This material will help any party on either side of a limitation of liability. It will provide tools for thinking about a fair allocation of risk, discussing it with the other side, and drafting clear and valid language to accomplish what both parties intend. This content will also include numerous sample provisions and explain several court decisions on the interpretation and enforceability of limitations of liability.
Do you work at this company and want to update this page?
Is there out-of-date information about your company or courses published here? Fill out this form to get in touch with us.
Upcoming start dates
Who should attend?
This live webinar is primarily designed for attorneys. Other legal professionals may also benefit from attending.
Training content
Drafting and Negotiating Limitation of Liability Provisions
- How to Limit the Type of Liability
- How to Limit the Amount of Liability
- What to Consider Excluding
- Where and When to Use
- Drafting Tips
Challenges to Enforceability
- Exculpation, Waiver, or Release
- Failure of Essential Purpose
- Unconscionability
- Case Examples
Relationship With Indemnification and Insurance Provisions
- How Indemnification and Limitation of Liability Can Affect Each Other
- How Insurance Can Be a Limitation of Liability
- Need to Understand Insurance Requirements
Certification / Credits
Credits: CLE, NALA
Contact this provider
Lorman Education Services - Live and On-Demand Courses
Lorman Education Services is a leading provider of online professional development and corporate training for organizations and individual professionals. For more than 30 years, Lorman has delivered relevant, high-quality, professional-level courses that cover a broad range of business and technical...