Recorded Webinar: Drafting and Negotiating Contracts to Allocate and Manage Risk (Professional Skills)

All commercial contracts to some extent deal with risk allocation and risk transference. Drafting robust indemnity, warranties and exclusion clauses are an essential part of any commercial lawyer’s armoury. This practical session examines how to best allocate and manage risk in contracts, including:

• Identifying and allocating key legal and commercial risks
• Practical approaches and tactics to negotiating effective outcomes
• Contractual mechanisms to transfer risk – drafting effective indemnity, warranties and exclusion clauses
• Other key risk allocation tools – including limitations of liability and termination rights
• Interplay between proportionate liability legislation and contractual liability exclusion
• Case Study: impact of risk allocation clauses on insurance