Contract Essentials Course
Develop more expertise in limitation of liability provisions
Taking this course will help you go from being not sure to knowing exactly what to do with your limitation of liability provisions.
Learn from Laura Frederick what you need to know to work on these sections in your commercial contracts.
Sign Me Up!This Contract Essentials Course will help you gain more confidence and clarity about drafting and negotiating limitation of liability provisions in commercial contracts.
You'll gain:
- Insights into how contract liability works and ways we manage it within the agreement, including with caps and waivers,
- Risks associated with consequential damages waivers, including traps for drafting provisions with unintended consequences
- Practical approaches to tailoring caps on liability that work in different commercial relationships.
- Special liability limit issues, including supercaps and insurance issues
What you'll learn from this course
Laura Frederick explains these concepts, using storytelling and silly elements to make the material more engaging.
Module 1 - Core Concepts
- Fundamentals about damages and contract liability
- Explanation of the different types of damages and liability
Module 2 - Drafting strategies
- Role of liability provisions in relationship
- How to decide on provisions' structure and terms
- Vendors and customers' different approaches and strategies
Module 3 - Consequential Damage Waiver
- Review how consequential damage waivers work in the real world and why we have to be very careful with them
- Break down the eight parts of each waiver, what it means, and why it is important (or not so much)
- Advice on when to fight for certain concepts and when to concede
Module 4 - Liability Caps and Exclusions
- Deep dive into different drafting strategies to expand or reduce the liability cap, with examples of wording approaches
- Supercaps and strategies for customizing caps to the deal and parties
- Common exclusions and legal limitations on liability cap provisions
Module 5 - Common Limitation of Liability Pitfalls and Mistakes
- What the process component should include as an indemnifying and an indemnified party
- Addressing settlement and other rights
Module 6 - Ask Laura Anything
- Laura answers limitation of liability questions from the audience attending the live workshop on November 16, 2023.
The reviews are in!
Our attendees loved this training!
We REALLY want to help you master limitation of liability provisions, so we've lots of bonuses included
Laura's Limitation of Liability Playbook in Excel
Provisions, alternatives from each side of a deal
2+ hour audio recording
Listen during your break or on your commute
Slide deck and transcripts
Follow along as you watch
Laura's damages and liability tips and cartoons
Laugh and learn :)
Loads of job aids
Checklists, negotiation scripts, practical guides and more
Bonus video training
Access extra limitation of liability training
Meet your instructor, Laura Frederick, Founder and CEO of How to Contract
Laura Frederick is a technology transactions lawyer by training. She worked on IP contracts throughout her career. In this workshop, she'll share the expertise she developed through her experience in Big Law and as in-house commercial counsel at a variety of companies including Tesla.
Now is your chance to become an limitation of liability superstar!
FAQs
Can I share the videos, slides, and playbook with others in my company?
Do you have other Essentials courses I can check out?
Is CLE available?
I have more questions!
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