By G. A. Finch A liquidated-damages clause is a “contractual provision that determines in advance the measure of damages if a party breached the agreement.” Black’s Law Dictionary 949 (8th edition 2004).  The benefit can be that the difficulty and necessity of calculating and proving damages in court or arbitration are avoided. When in early… Read More EMPLOYMENT CONTRACT PROVISIONS, LIKE LIQUIDATED DAMAGES, HAVE CONSEQUENCES – DO YOU UNDERSTAND WHAT YOU ARE SIGNING?