LOL: Understanding Limitation of Liability Clauses in Agency (and other contracts) and Key Consideration for the Use of Legal Technology

Join our friends at Perkins Coie for this upcoming CLE!

This CLE delves into how seemingly minor changes in limitation of liability clauses can significantly alter their impact. We'll examine various forms of these clauses, highlighting the specific benefits and risks associated with each. You'll also learn how legal technology and generative AI can streamline the assessment of these clauses, but we'll also address potential pitfalls in their use.

We'll analyze the prevalent variants of clauses granting agents the right to rely on information it is provided. This exploration will cover:

• Common forms of "right to rely" clauses in agency contracts.
• Key differences between prevalent variations of these clauses.
• How legal technology and generative AI can help make this assessment and enhance analysis and drafting.
• The Pitfalls in the Use of Legal Technology and generative AI in this process.