If you are looking to engage a contractor to carry out construction, fit-out or repair and maintenance works, there are several key provisions that you need to be aware of as an in-house counsel. Vitally, you need to address cost…
As a lawyer in an in-house team, it is common that stakeholders within your business might comment on how difficult it is to understand their contract. To make lengthy contracts more easily understandable, lawyers are beginning to: summarise the main…
A lot goes into drafting a commercial contract. This ranges from the various legal requirements of a contract to negotiating terms with the contracting party. Whilst drafting a contract can be a daunting task, it can be made a lot…
Draft or incomplete contracts can, in certain situations, be binding and enforceable documents. However, the court will also consider the facts and circumstances of your case, including how each of the parties conducted themselves. Therefore, it is crucial to seek…
As a GC within an in-house team, it is crucial that your lawyers are provided with the tools to draft contracts in a way which promotes collaboration between the business and the other party. In most instances, however, contracts look…
In early 2021, the government published a draft of legislative changes relating to unfair contract terms. Although the commencement of these changes has not been published, small businesses are reviewing their current contracts to determine whether there are potential issues,…
Good legal drafting comes not just from an understanding of the law, but also from an ability to clearly and precisely articulate each party’s rights and obligations in a written contract. If you are a business owner, all of your…
A severability clause is a standard provision within commercial contracts that can provide many benefits. However, if you choose to include a severability clause in your contract, it is important to draft it correctly to benefit from it properly. This…
When dealing with commercial contracts, you may have seen or are familiar with force majeure clauses. This clause predetermines the rights and remedies available to you or another party when an event outside your control occurs, causing the affected party…
A business contract is a written document that sets out the terms of an agreement between two or more businesses. Many of the documents on the LegalVision database are business contracts. Some examples include the: Service Agreement; Contractors Agreement; and…
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