Member-Only Course
Sharpen Your Limitation of Liability Know-How
Improve your understanding of the different types of damages with our two-hour course. Laura Frederick explains how to approach limitation of liability provisions and strategies for each clause. You'll walk away with a better grasp on how to protect your company and your clients.
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Module 1
Damage Types
Learn about the 11 types of damages you may find in commercial contracts and strategies for mastering the confusing terminology in LOL provisions. (18 minutes)
Module 2
Core Concepts & Strategy
Dive into how limitation of liability provisions work with other contract remedies, with insights into pro-buyer and pro-seller positions and traps. (16 minutes)
Module 3
Consequential Damage Waivers
Learn the purpose, risk impact, and practical drafting approach for 17 core boilerplate clauses, including assignment, attorneys’ fees, audit, dispute resolution, entire agreement, force majeure, governing law and venue, notices, no waivers, severability, and third-party beneficiaries. (72 minutes)
Module 4
Maximum Liability Cap
Comprehensive Q&A from the live workshop covering essential boilerplate questions from practicing lawyers. (22 minutes)
Module 5
LOL Pitfalls
Learn about the five ways that limitation of liability provisions go wrong and how you can structure the provision to avoid these mistakes. (7 minutes)
Module 6
Practical Applications
Explore real-world situations and practical solutions and strategies in this comprehensive Q&A from live limitation of liability training sessions (50 minutes)







