A properly drafted commercial contract will serve as the framework for any business activity you propose. Its terms and conditions must be drafted and negotiated prior to the commencement of the business. In addition, such a business contract will make provision for the process to be followed if affairs do not follow the desired plan.
Having a written agreement provides clear benefits. All parties concerned will know what their rights and obligations are. In the event of a dispute, litigation can be rendered much simpler – or, indeed, avoided altogether.
In addition to advising on new business enterprises, clients seek our assistance in analysis of or enforcement of rights and obligations under existing agreements.
Essentially, your commercial contract should be a balance between security and flexibility. At W. Davies, in the addition to legal knowledge, our Commercial Department has practical understanding and experience of business issues, so we can relate to your aims and priorities. If required, we can be called upon to assist in certain stages of your negotiations.
For more information about this please contact Graham Mott on gm@wdavies.com or David Main on dm@wdavies.com
