Preparing contracts and agreements and reviewing terms of performance, payment, liability and termination.
A clear contract sets out what the parties agreed and what each expects of the other. General or conflicting terms may leave matters of performance, payment and liability open to disagreement.
LawShield provides contract drafting and review services for companies and individuals, studying the purpose of the relationship and the obligations required, and drafting rights and terms to suit the nature of the dealing.
You can request a new contract, a review of a draft received from another party, or a study of an amendment to an existing agreement. A contract can also be reviewed when a clause is interpreted differently, to understand the position and its options.
The clarity of the parties’ capacity, the scope of work and the required deliverables, delivery and acceptance terms, and payment dates and entitlements. We review liability, confidentiality and intellectual property provisions where relevant to the relationship, and the amendment and termination terms and the dispute-handling mechanism, according to the nature of the contract.
We begin by understanding the purpose of the agreement and the relationship between the parties, then review the draft and related documents or prepare the form required. We explain the comments and the clauses that call for a commercial decision by the client, and the scope of amendment and review is set within the engagement.
The available draft if there is one, an explanation of the service or dealing, the value and dates provisionally agreed, and any notes or correspondence that affect the obligations. Documents are sent after the appropriate receiving channel is agreed.
We listen and review the information required.
We examine the facts, documents and available options.
We define the task, its deliverables and fees before starting.
We follow the procedures and flag what needs your approval.
Yes. The engagement can be to review an existing draft and give comments on it.
Not automatically; the agreement defines whether the task includes taking part in negotiation or is limited to drafting and review.
That is determined after seeing the scope of the request and the related contract.