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Theme

Partners' direct lines

Corpus Legal

Contracts

The contract as an instrument for allocating risk, not as a closing formality.

Each business risk is identified and allocated deliberately between the parties, so that the relationship runs the way both of them planned it.

In short

  • Applicable lawWhere it is collected
  • ForumHow long it takes
  • SecurityAt what cost
The applicable-law clause, the forum and the security regime decide where, how long and at what cost a breach is collected.

What it decides

In practice a case is won or lost in the drafting. The governing law clause, the forum and the security regime determine where, in how long and at what cost a breach is recovered, long before any dispute exists.

Scope

  • Drafting and negotiating commercial contracts
  • International contracting: governing law and forum
  • Representations, warranties and indemnities
  • Performance security and payment structures
  • Review of standard-form and supplier contracts
  • Contractual risk matrix by business line
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