Contracts are an essential tool for businesses and organisations because they build trust between the parties. They provide a framework for establishing the terms and conditions of an agreement between two or more parties and can cover a wide range of transactions, from the purchase of goods and services to employment relationships and real estate transactions. Organisations spend a lot of time formulating, drafting, negotiating, signing and managing contracts. Is it worth it? Yes, it is for a number of reasons.
Most importantly, contracts are a source of revenue.
Contracts provide a structured framework for business relationships, ensuring that all parties involved understand their roles and responsibilities. This clarity helps to prevent misunderstandings, manage risks, and protect the interests of the organisation. Whether required by law or voluntarily entered into, contracts play an important role in establishing trust and ensuring that the parties honour agreements. As such, it is important to take the time to properly draft and execute contracts to ensure that they are clear and enforceable and provide the necessary protections and benefits to all parties involved.
We are experts in drafting legal contracts or agreements, especially IT contracts or Information Technology Contracts. Our attorneys have years of experience in drafting contracts and an excellent understanding of the various nuances and structures that exist.
Complete an evaluation
Still not sure which contracts you need help with? Assess the importance of contracts for your organisation and we’ll help you find the right solution for your organisation. Based on the information you provide, we’ll either send you an email with the next steps to take or set up a complimentary call (or online meeting) with you to discuss the most suitable next steps for you and your organisation.
How you benefit
- Protect your organisation from harm by drafting contracts that are appropriate for the services provided, and which limit your liability fairly.
- Reduce the risks of a dispute between yourself and the other party by being clear about what is expected of each party, and describe how disputes are managed.
- Reduce your legal costs by managing your contracts yourself, with our guidance.
- Speed up and simplify the signing process by drafting your contracts in plain language and signing them via e-signatures.
- Establish standard operating procedures in managing your contracts ecosystem by setting up a contracts governance framework.
How we can help you
We can help you to create simple and enforceable contracts. We draft in plain language, which will help to set out clearly what both parties expect from one another. Not only will this protect your business – it will also help to get your contracts signed faster. To get contract management right in your organisation you will need a combination of solutions. Explore how we can help you.
You may need to train members of your organisation to help them learn and raise their awareness. You can attend one of our public contract webinars or reach out to our team to run in-house training workshops for your organisation. For example, you can attend one of our public IT contracts workshops (or ask us to run one in-house for you) or other events.
You can also get our newsletter and read our insights on contracts.
Empower your organisation with legal know-how by joining our fast commercial contracts programme (coming soon). Guide your in-house legal or contracts management team to understand the implications, stay up to date with changes in the law and produce various documents. Our programme helps you to empower people in your organisation with the drafting, negotiating, signing and managing of your various legal contracts and the obligations which flow from it. You can set your own pace through the programme, and we will give you practical guidance through webinars, written content, and templates that you can download and use in your organisation.
Employ software so you can easily manage your contracts using contract management software (CMS) or contract lifecycle management (CLM) software. In addition, we can assist with the customization, integration, training and implementation of your CMS or CLM software solution.
You may need the bespoke legal services of our expert team. If you want help drafting a specific contract (or type of contract), you can ask us to provide you with bespoke contracts. We customise them with your organisation’s branding. This option is more expensive than joining the programme because we work with you directly to create a custom solution. This option is good for organisations that would prefer not to draft their contracts themselves, or need focused help in specific circumstances. You can always request this option alongside the others.
If you’re interested, you can enquire now and we can send you a fixed price quote.