Clauses that cap the liabilities of a firm when they make a mistake are now common in business contracts. They are an important protection for a firm, but how well do they really work?
Our latest guide provides valuable information on liability caps and explores their origins, how they work in unison with a professional indemnity insurance policy and some examples of when they work in practice and when they don't!
It also clearly explains the potential issues you need to be aware of when including these caps in a contract or terms of engagement.
Please follow the link to read the full guide If The Cap Fits - A Guide To Capping Your Liability