Contracts (or the lack of them) can make or break a business. Having the right contracts in place will help protect your business interests and if things go wrong or relationships break down, they set out the rules that each party must follow. Contracts include sales agreements (terms and conditions), confidentiality agreements, shareholders’ agreements, insurance contracts, licence agreements and employment contracts to name but a few.
Contracts are written to protect the interests of one or more parties. Some contracts provide mutual and reciprocal benefits. Be sure to understand what kind of contract you are using and whether it protects your interests or is written in favour of the other party.
Our business advisers will help you review and understand contracts (ideally, before you sign them!) and negotiate and draft contracts for you to use with your clients, suppliers, employees, business partners and other stakeholders or collaborators. If you need legal advice, we will direct you to one of our partners.