Business contracts

Having the right business contracts in place is a key element of ensuring your business works efficiently, smoothly, with good customer and supplier relationships and few, if any, disputes.

We ensure our clients have highly practical, proportionate business contracts. Nothing extra is included for the sake of it and nothing important is left out.

If you need advice on drafting, reviewing or negotiating a business contract, please do talk to us. We are always happy to discuss your requirements and fees.

We focus on areas of greatest risk

We work on the areas where the exposure to risk is greatest.

• We step in to manage the process of review, negotiation or resolution of problems. You can tap in as and when required.
• Experience extends to a variety of business contracts including terms and conditions, supply of services and goods, agency and distribution agreements, technology/IP related and IT contracts and specialist agreements used in sectors such as the creative sector.
• Many of our clients have moved to us from larger firms for better value for money.

Reviewing business contracts - our service

All too often, clients come to us with a lengthy and detailed contract prepared by the other party's lawyers, which they are encouraged to accept as drafted. However, the devil is in the detail, and everything is negotiable. We step in as a second pair of eyes, providing an efficient and cost-effective contract review service. We identify and seek to remove or negotiate unfair, onerous or high-risk provisions, helping to ensure that the contract works for you. You also benefit from our wider experience of contracts of the same type and our understanding of the relevant industry or sector.

Key considerations when reviewing a business contract generally include:

• Who is responsible for doing what?;
• Where, how and when will the contract be performed?;
• Timescales;
• When and how will payment be made?;
• What happens if payment is late or not made?
• Events of default which give either party the right to terminate the agreement.
• Can you get out of the contract?
• Exclusions and/or caps on liability;
• How will disputes or disagreements be dealt, preferably without the need for court proceedings?

We find out what your bargaining position is and respond accordingly.  A good business contract takes into consideration future obligations and provides for the changing nature of business.

If you need legal support on a business contract, please do get in touch.