303. WTF Does Indemnity (and Other Contract Must-Knows) Actually Mean?!
Let’s talk contracts, wedding pros! Are you confident that the clauses in your contracts truly protect your small business?
Maybe you’re working off a template you bought years ago or piecing together bits you’ve found online. Or perhaps the thought of reviewing your contract gives you a pit in your stomach, and you’re not quite sure what some of the legal jargon actually means.
If that’s you, this episode is here to help. From indemnity clauses to liability concerns to making your contracts work for you, Leah Weinberg’s expert advice will help you feel more confident and empowered to protect your business.
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Connect with Leah Weinberg:
Instagram: https://www.instagram.com/theleahweinberg
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[00:02:48] Meet Leah Weinberg
Leah shares her journey from commercial real estate attorney to wedding planner to legal expert for event pros.
[00:05:30] What is an Indemnity Clause?
Leah explains this essential contract provision, complete with real-life examples of how it protects wedding vendors.
[00:10:50] Liability Issues: Lessons from a Cake Disaster
Megan shares a story about a wedding mishap and how an indemnity clause could have saved the day.
[00:15:56] Signing Contracts with Venues
Leah discusses the risks of venue agreements and what to watch out for before signing.
[00:22:40] Retainer vs. Deposit: Why Words Matter
Leah clears up the confusion between these two terms and explains why using the right one can protect your business.
[00:29:37] The ABCs of Legalese
Leah introduces her new Instagram series breaking down legal jargon, one letter at a time.
[00:32:46] Building a Relationship with an Attorney
Leah’s top advice for wedding pros: Don’t wait until you’re in a bind to find a lawyer.
[00:34:55] Final Takeaways and Next Steps
Megan and Leah share actionable advice for wedding pros to feel more confident about contracts and legal protection.
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Today's episode is brought to you by The Planner's Vault. The doors are currently closed for The Planner's Vault, but join the wait list now so you can be the first to know when the doors re-open.
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Hosted by Megan Gillikin, Weddings for Real is presented by The Planner's Vault, and is produced by Earfluence.