Contractual Risk Transfer
Risk transfer, an attempt to contractually shift the financial burden of a loss on another involved party, routinely surfaces in most construction litigation. Our lawyers are leaders when it comes to successfully pursuing both downstream contractual risk transfer opportunities and resisting upstream contractual risk transfer claims in both construction defect and construction site accident liability matters. We stay current with the state of this law and routinely provide our clients with seminars to keep them updated on cases interpreting risk transfer issues. In addition, as a value added service for many of our clients, we develop contractual strategies including contract language to help them successfully ascertain risk transfer benefits for future negotiated transactions.