Course
Professional services contracts come with their own unique challenges and strategies. Which is why we’re presenting a special three-part series specifically focused on the bottom-line of engineering professional services contracts.
Join Tom Harkin and Robert Stanton for Part Three: Problematic Words, Phrases, Clauses to examine typical problems encountered in client-drafted contracts, discuss the impact of such problematic wording, and identify changes and methods for working around bad language.
When the interpretation of contract language can turn on a single word or punctuation mark, you need to be ready to recognize and sidestep every pitfall and trap.
TAKEAWAYS:
- Using actual wording from problematic contracts, identify language which creates exposures or coverage issues for engineers
- Discuss “Go-no go” approach to contract language
- Examine the impact of bad language, and identify possible alternate language
- Address what to do with a bad contract wherein the client will not make changes
Faculty: Tom Harkin, Principal, Customer Services, Willis Towers Watson and Robert Stanton, CPCU, RPLU, ARM, Willis