Your professional life is governed by contracts, but are you fluent in contract language? Definitions are the language of contracts, and if you don’t know how they work, you’re leaving yourself open to significant risk.
Why do definitions matter? Because defined terms are the building blocks of every contract provision. For example, you may expect that you can be held liable for damages, but would never in a million years agree to be held liable for Damages. The difference? The second—the one with the capital D—is a defined term…and it means whatever the author of the contract says it does.
Join this webinar to learn:
- To spot overlooked definition traps hidden in plain sight
- How to interpret contracts the way a judge or arbitrator would
- Top ways to use definitions to your advantage when revising contracts