When clients come to us
- You need a contract with a new counterparty or partner
- You have been sent a draft contract to agree
- The transaction involves a foreign party or payment in foreign currency
What the work includes
- Drafting supply, services, works, lease, loan and other contracts
- Legal review of a draft, highlighting critical terms
- Proposals for replacement wording
- Foreign-trade contracts; choice of governing law and dispute resolution
- Participation in negotiations
- Support during performance and amendment of the contract
How the work is structured
- Purpose of the deal
We clarify the commercial logic and each party's risks.
- Analysis or draft
We prepare the text or comments on the other side's draft.
- Agreement
We take part in negotiations and revise the text.
- Signing
We check the set of documents and details before signing.
What to watch for
Typical weak points are an imprecise subject matter, an unclear acceptance and payment procedure, excessive liability on one side and "empty" dispute clauses that cannot be enforced. We test the terms the way a court or tribunal will read them.
What to prepare for the consultation
- Draft contract or commercial terms
- Information on the counterparty and its authority
- Prior correspondence and annexes
- Counterparty's constitutional documents, if available
Questions on this topic
Can a standard form contract be used?
For simple transactions sometimes, but it must be adapted to your situation. Standard forms often ignore industry specifics and the protection of your side.
Which law and forum should be chosen in a contract with a foreign party?
It depends on the parties, subject matter and means of enforcement. We choose an option that can actually be enforced in practice.