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Subscribe to LegalVision's YouTube channel: / @legalvisionlaw Sign up for our business newsletter to receive updates on our upcoming webinars and legal news: https://lglv.sn/newsletter-au Receive a free legal health check to assess your business’ legal needs: https://lglv.sn/legal-health-check-au When you sign a commercial contract for your business, do you know what red flags to look for? If not, how can you be sure you are safeguarding your business’ interests? To help reduce your risks, Jessica Anderson (Senior Lawyer) discusses: indemnities: who pays if something goes wrong; liability exclusions: limits on responsibility to protect you; navigating intellectual property; commercial obligations: understanding each party’s roles and responsibilities; and insurance: safeguarding your interests. About Jessica Anderson Jessica is a Senior Lawyer in LegalVision’s Commercial Contracts team. From day to day, Jessica enjoys preparing contracts to suit her clients’ needs, and walking clients through key-risk issues whether within a contract or within the broader regulatory landscape, from privacy law, consumer law, or community gaming and charities law. Visit legalvision.com.au or call 1300 544 755 to contact our team. 00:00 Intro 02:31 Importance of Contract Terms 04:44 Indemnities 09:34 Exclusions of Liability 13:14 IP Ownership 17:17 Commercial Obligations 21:13 Unfair Contract Terms 23:34 Insurance 27:36 Q&A ***** STAY CONNECTED WITH US ***** To access more legal information videos to help you run your business, subscribe to our channel: / @legalvisionlaw AU WEBSITE ➡ https://legalvision.com.au NZ WEBSITE ➡ https://legalvision.co.nz UK WEBSITE ➡ https://legalvision.co.uk X ➡ https://x.com/LegalVision_law FACEBOOK ➡ / legalvision LINKEDIN ➡ / legalvision-group INSTAGRAM ➡ / legalvision_law TIKTOK ➡ / legalvision.law Request a consultation by visiting our website or emailing us at [email protected] The information provided in this video is for general informational purposes only and does not constitute legal advice. While we aim to provide accurate and up-to-date content, laws and regulations may vary, and the information may not apply to your specific circumstances. We encourage you to contact us for a free consultation so we can provide advice specific to your circumstances.