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Old 09-12-2012
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Re: Limitation of Liability

As a general rule having "something" in writing is always better than not having anything if you end up in litigation. The contract and maritime legalities should be discussed with an attorney, but if it were me I'd add whatever clause I thought would cover my back side whether it will hold up before a judge or not. That said I would throw in a clause requiring binding arbitration over litigation with my choosing the firm. I'd also toss in a clause on venue naming my home area as the only venue for arbitration. Like paradiseparrot says, not fool proof but it is something to help if you should need it.
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