Drafting and Enforcing Limitation of Liability Clauses

Lorman Education Services
Training overview
Professional Course
Self-paced Online
1 hour
From 149 USD

Start dates
149 USD
Start anytime

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.

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

About Lorman Education Services

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...

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Contact info

Lorman Education Services

Lorman Education Services
2510 Alpine Road
54702 Eau Claire Wisconsin

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