Many industry form documents and custom construction contracts contain provisions shifting or limiting the respective parties’ risks. One of the more potentially significant risk-limiting provisions ...

Construction contracts often include clauses that purport to limit the liability of one or both parties. This includes clauses that completely prohibit any claims for certain types of damages such as ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters.

States should hold vendors responsible for direct damages arising from a contract. States should not hold vendors responsible for third-party claims arising from indirect damages. Unless ...

As part of College policy, Smith College does not allow its signatories to enter into agreements with the following clauses. Any contract containing these clauses should be sent to Risk Management for ...

We have often advocated for the inclusion of risk allocation provisions in a CPA firm’s engagement letters, but what are they? Risk allocation provisions represent a means of sharing, or allocating, ...