Every day, in-house lawyers review and negotiate contracts with limitation of liability provisions. According to a recent report by Icertis, Limitation of Liability was the number one most negotiated term! When was the last time you thought through the concepts and refreshed your approach to this crucial provision? Do you have a good sense of what’s standard and what’s not? Whether you’re a new lawyer or have been practicing for decades, you will benefit from taking an hour to explore the fundamentals of this critical provision.