Contracts Explained

In fast-moving industries, businesses often engage in recurring projects or services with the same partners. Drafting a new contract for every engagement slows operations and increases costs.

Contracts allocate risk, and few provisions do this more directly than the indemnification clause. If you’ve ever wondered “What is indemnification?”, “What does indemnify mean?”, or “What is an indemnity agreement?

In today’s digital-first world of e-signatures and online contracts, the term “wet signature” still appears frequently. But what is a wet signature, and why does it continue to matter?