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Archived updates for Monday, January 10, 2005

Time to Rethink Assumptions About Indemnification

"[Corporations] have traditionally viewed indemnification provisions as standard boilerplate portions of agreements--and often not as something that can even be negotiated. It's time to rethink that assumption. Indemnification policies and insurance can be important tools to reduce or eliminate long-term risk and maximize the present value of the products purchased." -- Richard Wilder, intellectual-property counsel for the Association for Competitive Technology, writing in CNet's on January 6, 2005.
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