Avoid unintended obligations resulting from unapproved contract changes, proliferation in language variations that increases chances of inadvertent breaches, and missing key dates related to renewals or price escalations by relying on Fairdeal Enterprises to draft, review, and manage high-volume, routine contracts. This way you can focus on higher-value work.
Our experienced team works with you to define requirements, establish drafting and review standards, and ensure you are comfortable with all processes and staffing.
Drafting of Contracts
We prepare first-cut drafts of all types and styles of contracts by using standard templates that conform to your house style and any unique variables relating to each contract. Your lawyers remain in control over the quality of the draft without spending time on mundane tasks. The team at Fairdeal Enterprises will:
- Analyze your drafts
- Prepare standard templates
- Identify the variables applicable to each contract, and
- Develop a checklist of “clauses” that might be needed to address the unique requirements of each agreement.
Review of Contracts
Fairdeal Enterprises reviews draft contracts received from other law firms or corporate legal departments, highlighting clauses that are in your best interest; don’t conform with your standard templates; or are at variance with commercial understanding. We also prepare draft responses or aide memoires for negotiation.
Management of Contracts
Our team manages your contracts, maintaining a comprehensive database and thus providing an overview of: basic contract information (Purpose, Period, Entities, Addresses, Counsel, etc.), the summary of terms and a history of notices. We also summarize all obligations and covenants (to facilitate compliance) and all rights (to enforce compliance).