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Commercial Contracts
Contract Drafting
We draft commercial contracts from source, laid out to reflect the specifics of your business, your service supply or your product supply. There are a lot of "boilerplates" out there but how well do these fit to your business? It's true that the 80/20 rule can be applied to contracts with perhaps 80% comprising "standard" clauses (up to a point). But the 20% needs to relate to business specifics and is too important to trust to adapting boilerplate wording.
We ensure that we understand your business, your concerns and your priorities so that your T’s and C’s will reflect, in full, how you wish to project the trading basis of your organisation.
We ensure that we understand your business, your concerns and your priorities so that your T’s and C’s will reflect, in full, how you wish to project the trading basis of your organisation.
Contract Reviewing and Amending
Ask Yourself:
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Does your business have properly documented terms and conditions?
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When was the last time you reviewed your standard terms and conditions?
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Have you added new services and products that are not fully covered within your present T’s and C’s?
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Has there been a change in terms from your suppliers that may affect exposure to your own customers?
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Do you have concerns about evaluating terms and conditions from other businesses?
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We can help you review these issues to see how they may affect your business and draft appropriate amendments to cover such eventualities.
Contract Risk Analysis
It’s not unusual to find that a large customer or a large supplier will insist on applying their own trading and procurement terms when doing business with you. Often these will place a disproportionate risk onto the other party; particularly smaller organisations. Moreover, larger organisations will often present these terms on a "take it or leave it" basis, even though this is rarely their final position. We have long experience of reviewing contract terms to evaluate and document the level of risk and to propose amendments to mitigate your exposure.
Even in the cases where the other party’s terms are set in stone we can advise on the nature and level of exposure to enable a measured judgement to be made . . . . some contracts are just not worth the risk!
Even in the cases where the other party’s terms are set in stone we can advise on the nature and level of exposure to enable a measured judgement to be made . . . . some contracts are just not worth the risk!
Need a contract health check?
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