Monday, April 29, 2013: 2:10 p.m.
Regency East 3 (Hyatt Regency San Antonio)
Slicing and Dicing in a Risky Business: Tips to Help Reduce Liability While Making a Profit is a presentation designed to help consultants and contractors identify key risk areas in their business. Consultants and contractors often engage in their business without essential knowledge about the widespread incidence of claims and liability associated with performing their services. Those that are aware often discover that they are without important resources or training to mitigate risk and liability. They encounter legal terminology throughout contracts they review that may seem like foreign language fraught with unknown perils—and the lawyers they might consider retaining to address the contracts are often too costly or slow to turn around the answers they need to close the deal. These difficulties and risks, if left unaddressed, lead to potential liability and hidden costs, reduced profits, damaged client rapport, and uncertain futures. Consultants and contractors face liability and risk from the first phone call until several years after a project is complete. This presentation will offer invaluable and easy-to-apply tips to help consultants and contractors identify and avoid key pitfalls and resultant liability. Legalease in key contract provisions will be demystified. Practical approaches will be offered to handle these issues from project commencement through project completion. The Q&A offered at the end of the presentation will provide participants with an opportunity to ask real life questions and gain suggestions to help minimize risk as they complete their projects.