Ep. 5: Trouble Indemnity, Plus Fyre Festival Debacle
In a buyer\u2019s 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\u2019s 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 \u201ccultural experience of the decade,\u201d but devolved into something at least one lawsuit has described as more like \u201cThe Lord of the Flies.\u201d