Minimizing Risk: Reviewing and Revising Key Risk Allocation Clauses
Contracts used in design and construction allocate numerous risks among the different contracting parties. Understanding the ins and outs of these allocation clauses is critical to proactively assessing and managing contractual risks.
Learning objectives
- Review case law pertaining to these clauses
- Identify allocation clauses and understand risk allocation pitfalls to avoid
- Learn how to redline and revise clauses from real-world examples
- Recognize how to better protect against liability and uninsurable obligations