When signing a contract, it is important that you limit your liabilities to those circumstances where you have complete control. Most contracts spell out what liabilities you will accept on their behalf in the Indemnification or Hold Harmless section of the contract. It is important that you understand what liabilities you are taking on for someone else.

      PRISM is not a legal firm. We evaluate contracts from a risk management standpoint only. A licensed attorney should evaluate any changes in the wording and give their legal opinions.