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Sponsored by Lorman Education
Only registered attendee will receive continuing education credit.
Product ID: 406844
 
Credit & Course Provided by:

Risk Mitigation Provisions in Commercial Contracts

Live Webinar
January 29, 2020
1:00 pm ET (12 pm CT, 11 am MT, 10 am PT)
1 hour 30 minutes
Live Webinar$219Register Now
Can't Attend?   Audio & Reference Manual$219Add to Cart

Gain a deeper understanding of utilizing effective contract provisions calculated to reduce the severity and unpredictability of claims, losses, and damages that may occur when working with third parties.

Partnering with third parties is a core component of virtually all organizations. Many companies simply cannot provide their product or service without these affiliations. Accordingly, organizations must balance risk and reward when defining the nature of the relationship. Businesses must determine to how effectively leverage the opportunities generated from working with outside entities while at the same time manage loss and protect assets. Contracts, in particular risk mitigation provisions, are a key measure companies can take to effectuate the dual goal of advancing business interests and diminishing liability exposure. This topic will help the persons responsible for partner management identify risk, understand risk allocation mechanisms and their interplay, and then implement corresponding mitigation activities within their organization. You will leave with a deeper understanding of utilizing effective contract provisions calculated to reduce the severity and unpredictability of claims, losses, and damages that may occur when working with third parties.

Learning Objectives

• You will be able to identify risks, their likelihood, and their extent.

• You will be able to describe the main the key types of risk allocation provisions.

• You will be able to explain how to use risk allocation provisions to reduce liability.

• You will be able to discuss how to further mitigate risk by implementing in-house.

Registration

Live Webinar$219Register Now
Can't Attend?   Audio & Reference Manual$219Add to Cart