Master Limitation of Liability Clauses
Up-level your expertise on these critical provisions to improve your skills and better protect your company or client
Learn how to draft provisions that will protect your company
This two-hour course provides a deep dive into how to draft and negotiate limitation of liability provisions in the real world. You'll learn damage types, basic negotiation strategies, and the nuances of caps and waivers. You'll gain the essential knowledge that contract professionals need to handle these critical provisions.
Here's what you'll learn in the 2-hour Limitation of Liability Essentials course
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
Dive into the concepts around claims, nexus, claim types, third-party claims, and how to draft individual claims language for IP infringement and other claims. (20 minutes)
Module 4
Maximum Liability Cap
Navigate exclusions, mitigation, notice, process, and cooperation concepts, as well as Laura's final advice for approaching these negotiations. (19 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)
Who This Training Is For
This training is designed for lawyers and professionals who work with commercial contracts and want to better understand the nuances and strategies for negotiating limitation of liability provisions.
This course gives you the foundational skills you need to handle these important contract provisions with confidence.
Perfect for
In-house counsel and legal teams, contract managers, legal operations professionals, procurement leads, sales professionals, business owners, paralegals, and anyone who works with commercial contracts.
Join the growing list of companies transforming their contract training with us
Meet Laura Frederick, your instructor
She's a contract expert whom lawyers & professionals turn to for real-world training
Laura spent more than 25 years practicing law around the world, leading commercial deals at Fortune 500 companies like Tesla and international law firms like Morrison Foerster. Since launching How to Contract in 2021, she's delivered hundreds of hours of training to thousands of lawyers and professionals worldwide. Over that same time, she went from 800 to over 53,000 followers on LinkedIn, due to her insightful real-world contract content. Her best-selling book, Practical Tips on How to Contract, has sold over 9,000 copies.
Laura has a unique gift for taking complex contracting concepts and making them not just understandable, but genuinely enjoyable to learn. Her infectious enthusiasm for contracts has made How to Contract the go-to training solution for lawyers and professionals who want practical skills they can apply immediately in their job.
See how the right training matters
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