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Contracts Vetting & Review

Business & Commercial Laws | Legal Advisory

Legal Vetting & Review

 

Commercial transactions are not always as smooth as anticipated and unexpected disagreements or future disputes can arise at any time. Even when a contact is in writing, however, issues and disputes can arise.

 

Make sure your interests are protected... Before signing your legal documents, make sure that the fine print doesn’t leave you at risk.

 

Our qualified advocates, with the combination of their talent and experience, are able to review and analyse all kinds of legal documents, contracts and agreements to provide you with sound advice as to the effects of such document, its requirements, and its legal implications under the law. If you are entering into a contract you want to be sure that your contract protect your rights and is legally enforceable in a court of law and that you are not singing something that contains arbitrary clauses which you did not agree to. Any legal dispute you can have far reaching and expensive implications!

 

At Lexel we help our clients avoid entering into unfair or unfavorable agreements while preserving important business relationships. Some of the ways an attorney can help are detailed below:

 

  • We ensure that you fully understand the agreement you are signing by identifying and decoding the complicated legal language (legalese) to simpler terms so that you understand the effect and impact of the clause and not just skim over these sections, realizing that, you would want to be agreeable to something after fully understanding its intention.

 

  • We identify any terms that may be unfavourable to you which may be cleverly disguised into the document which ordinarily you may not be able to easily identify. This part of a contract is skewed in favor of the other party and usually does not provide adequate protections for your interests.

 

  • We can negotiate the terms of your contract and can advise you not to agree to unfavourable terms after identifying them. If the contract does have unfavorable provisions or is missing key provisions that protect your rights, we can work to negotiate the terms of the contract so that it is fair and mutually agreeable and beneficial. We know effective negotiating techniques because of our wide experience so that you can proceed with your contract, but more in your favor.

 

Contracts govern business dealings that can often be complex with many possible complications or unexpected outcomes. A contract should fully address what happens and what your rights are in such situations, as well as how any disputes should be resolved. A business lawyer who has overseen numerous contracts will be able to sufficiently predict possible complications and ensure that your contract addresses the possibility of these situations so that your interests are fully protected.

 

Our seasoned lawyers know by their experience the kind of clauses that ought to be put into the agreements going by the potential of a future dispute as well as limiting those arbitrary clauses that open up your liabilities.

 

As regards to which legal documents should be reviewed, it is suggested that any new legal document with the potential to have a substantial impact on your finances, time or responsibilities should be reviewed. This may in the form of certain terms and conditions related to a transaction, execution of an agreement, a contract, furnishing of an indemnity, undertaking or an affidavit, etc. or any document you choose including those that don’t require your signatures. Further, at any time you make changes to a legal document or your situation changes, a legal document review is a good idea to ensure your interests are protected.

 

By having a lawyer to review your contract, you can buy protection of a peace of mind for all contingent situations that may arise

 

We provide specialized legal services relating to contractual and legal analysis of all kinds of legal documents including leases, employment contracts, loan agreements, security documents, mortgage deed, hypothecation agreement, franchise agreements, buy/sell agreements, management agreements, commission agreements, vendor agreements, operating agreements, profit sharing agreements, and many other legal documents.

Do you need help with vetting and review of legal contracts and agreements?

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