Ep. 5: Trouble Indemnity, Plus Fyre Festival Debacle
May 08, 2017•29 min•Transcript available on Metacast Episode description
In a buyer’s market for BigLaw services, corporate clients are increasingly getting firms to shoulder the risk of unforeseen or unwelcome outcomes from legal work. These indemnity provisions can have a serious downside, as Law360 senior legal ethics reporter Andrew Strickler explains on today’s show. The Pro Say hosts talk about the legal fallout from the Fyre Festival, a private-island music festival that was billed by its organizers -- including Ja Rule -- as the “cultural experience of the decade,” but devolved into something at least one lawsuit has described as more like “The Lord of the Flies.”
