Understanding Indemnity Clauses: To Defend or Not to Defend (DPLE 192)
Welcome to RLI’s Design Professional Learning Event Series On Demand. Over the years, RLI has developed tailored educational programs to help design professionals understand complex legal issues and enhance contract negotiation skills. This course dives deep into indemnity clauses, focusing on their implications, risks, and how to navigate them to safeguard your interests.
What to expect from this course:
Once you’ve completed this course, you should be able to:
- Gain a foundational understanding of indemnity clauses and their legal context.
- Learn to identify and mitigate the risks associated with various indemnity agreements.
- Explore strategies to negotiate favorable contract terms that protect your firm.
- Understand the implications of "duty to defend" and how it affects your liability.
Course Content
- Introduction to Indemnity: Definitions and basics of indemnity clauses in contracts.
- Types of Indemnity: Broad form, intermediate form, and limited form indemnification.
- Risk Management: Strategies to handle indemnity-related risks and reduce potential liabilities.
- Contract Negotiation: Tips on negotiating indemnity terms to favor your position.
- Case Studies: Real-world examples and hypothetical scenarios to illustrate key points.