Word of the Day in Contracts.
Today we break down a term that can turn a small mistake into a debt of millions₽.
Meet: Lost Profit
🤓 In simple terms —
this is money that your partner could have earned but didn't because of you. Not an actual loss, but a hypothetical one.
🔥 This is dangerous.
Imagine: you're a freelancer, building a website for 50,000 rubles. You deliver the work one day late.
The client says: “The site wasn't working on Black Friday, I didn't sell goods worth 500,000 rubles. Pay up!” If the contract includes the phrase “losses are subject to full compensation” (which includes lost profit), you're in trouble. You could end up owing an amount 10 times your fee.
🚩How Legiscan saves you.
Our AI sees this clause and warns: “Attention! Limit liability to actual damages only.” Even one correction levels the risks to zero. Check right now if you owe someone millions out of thin air.
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