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BT Policyholder Protection Blog

Why Indemnification Provisions are Important

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In entering into contracts almost every day, businesses of all sizes and in all industries frequently flip right past the indemnification, insurance and limitation of liability provisions as mere boilerplate. These risk allocation provisions can be as important as price and other deal terms, yet many lawyers and contract managers don’t understand the pitfalls and opportunities they present.

 

If your job includes reviewing, drafting or negotiating contracts, you’ve probably seen these provisions. Are they boilerplate that you spend little time on? Do you fully understand exactly what they do? Do you negotiate or revise them? Read more here.

 

If you would like more information on indemnity clauses, Ken is presenting the following webinars:

 

Indemnification Provisions: When and How to Use Them
June 22, 2017
3:00 PM – 4:15 PM ET
Register online
Discount Code: SPKR35

 

When and How to Use Indemnification Provisions
July 25, 2017
1:00 PM – 2:30PM ET
Register online
Call: 866-352-9539
Discount code: G1205350
Priority code: 15999

 

Kenneth Gorenberg

Kenneth M. Gorenberg is a partner in the Chicago office of Barnes & Thornburg LLP, where he is a member of the firm’s Litigation Department and its Policyholder Insurance Recovery and Counseling Practice Group. Mr. Gorenberg’s insurance practice focuses on a number of complex issues for corporate policyholders.

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