Boilerplate is called boilerplate because nobody reads it. That is exactly why it matters: the clauses at the back of an agreement are the ones that govern what happens when things go wrong.
Pay particular attention to limitation of liability, indemnities, assignment and change of control, termination for convenience, and governing law. Each one can shift risk dramatically from one party to the other.
None of this is legal advice — every contract is different — but knowing which questions to ask makes the hour you spend with a lawyer far more valuable.
This article is for general information only and is not legal advice.
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