All About Undertakings

 Undertakings are regularly sought and given as a way of facilitating and expediting legal proceedings and transactions.

But failure to comply with an undertaking can have serious consequences for the lawyer personally and for the firm. A poorly-considered undertaking can be truly “hazardous”.

Are you and your lawyers attuned to the risks and aware of how to limit those risks?

Topics for discussions include:

  • The nature of the lawyer’s promise

  • How undertakings are interpreted

  • Inadvertent undertakings

  • The consequences of breaching an undertaking

  • Managing risk in relation to undertakings

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