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Interviewers ask this kind of question to surface how you think, not what you remember. The strongest answers are specific, calmly told, and end on what changed.

Drafting & review · Risk allocation

Walk me through how you'd negotiate liability caps when the underlying transaction is large but the fee is small.

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The principle I'd anchor on is that a cap should track the risk a party is paid to bear, not the size of the deal it touches.…

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Concepts behind this questionContract anatomy: where the risk lives and how to move itNegotiating clauses: fallback ladders and trade-offs
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