by astoundz | Apr 8, 2019 | Contract Tips
Should I sign a Letter of Reliance? Q: My client mentioned that their lender will request to have a separate agreement signed, in addition to my professional services contract. Is this typical, or does this signal additional risk? A: Your client’s lender is not...
by astoundz | Jun 28, 2018 | Risk Solutions
What type of information is not considered confidential/proprietary? Q: When the contract requires protection of confidential/proprietary information, what information may not fall into that category? A: Keeping in mind that this is not an all-inclusive list,...
by astoundz | Jun 28, 2018 | Contract Tips
Should I waive the consequential damages provision? Q: Why should I ask my client to waive consequential damages, as suggested in some of the standard industry documents? A: Deleting a provision that waives consequential or special damages increases your risk,...
by astoundz | Jun 28, 2018 | Risk Solutions
How should I resolve a dispute? Q: Is litigation, arbitration, or mediation a more favored method of resolving a dispute? A: There are many variables to consider when determining which resolution method is best for your firm, and even for a particular...
by astoundz | Jan 8, 2018 | Contract Tips
Should I specify when my client pays for completion of services? Q: Is it critical to specify when the client should pay for completion of services? A: Keep in mind that claims related to nonpayment are typically uninsurable. Therefore, be wary of “pay when paid”...
