Overview
One should only sign a contract after they know what they will be obligated to do after signing it. It can be risky if you have selected some stereotype or boilerplate format that probably meets the requirements of someone else who has different requirements than yours. Signing a one-sided agreement can also, in the future, create issues for parties due to non-enforceability or invalidity of provisions that form part of such agreement. Contracts are generally easy to understand, but complications may occur sometimes, and often even a clear and harmless-looking clause can cause problems and it is always best to get experts to vet the contracts so that there is no problem in the future.
It is common that, one of the parties might become vulnerable to misinterpretation due to inadequate drafting of contract clauses. Our guidance not only critically analyses already drafted clauses, but also adds new clauses to ensure that all client needs are correctly addressed. We have a dedicated drafting and vetting team at ASK AD-Wise specializing in reviewing detailed contracts catering to numerous industry verticals such as real estate, healthcare, insurance, finance, financial services, technology, etc.
What Is The Process?
Assessment : The first step of Contract Drafting involves understanding expectations, desired outcomes, and subject matter from the parties.
Amendment : If the contract does not include sufficient clauses that are in line with the subject matter and the desired objectives, an amendment is made to existing clauses along with the inclusion of new clauses in order to make the contract comprehensive and water-tight.
Finalization : The agreement/contract is finalized after necessary iterations and the timeline can also be appreciated, the time required for contract vetting depends primarily on the complexities of the subject matter covered. Nevertheless, on average, we finish the process within 7 to 10 working days.
Details Required :
- Draft of the Contract
- Collateral Documents.
Timeline
Disclaimer: ASK AD-WISE is a privately operated consulting firm and is not affiliated with any government department. The form on this website is intended to collect client details to provide customized support and consultancy. All services are chargeable, and fees collected are for professional assistance. We may outsource certain cases as needed. By using this site, you agree to these terms.