For a business asked to sign, renew or amend a material commercial agreement.
What you should come away with
A prioritised view of the legal and commercial issues, proposed drafting changes and a clear basis for your next decision.
What the scope can include
These are the proposed building blocks. Your engagement confirms the exact documents, work and revision rounds.
Risk and negotiation summary
The key issues, their practical significance and the decisions you need to make.
Marked-up agreement
Proposed changes to the agreed contract and the schedules included in the review scope.
Advice discussion
A discussion of priorities, trade-offs and how to approach the other party.
Agreed revision round
A revision round within the agreed brief, with further negotiation separately scoped.
What we need from you
- The full current contract, including schedules, incorporated terms and any proposal or statement of work.
- The names of the parties, the purpose and value of the arrangement, and your negotiating priorities.
- Any signing, renewal or notice deadline, and changes already discussed with the other party.
How the work progresses
Set the review brief
Confirm the documents, business objective, relevant deadlines and required outputs.
Review and prioritise
Assess the agreed issues and prepare the risk summary and drafting changes.
Discuss the decisions
Work through the material risks and the changes you want to pursue.
Settle the agreed revision
Incorporate instructions within scope and identify any further negotiation or implementation work.
Fees and timing
A fee is proposed after reviewing the document length, complexity, supporting material and outputs required. The proposal identifies assumptions and the included revision round.
Timing is agreed after considering the documents, required inputs and current capacity. Tell us about a deadline before relying on a proposed timetable.
Work to scope separately
Counterparty negotiations, additional agreements and specialist tax, regulatory or other advice require express inclusion. Advice about an existing dispute is scoped separately from a review before signing.
What can change the scope
Additional documents, a materially revised commercial position, multiple negotiating parties or further revision rounds may change the scope. We discuss the effect on fees and timing before proceeding.
Common questions
Can you negotiate the changes for us?
Yes, where that work is included in the engagement. Reviewing a contract and conducting negotiations are distinct tasks, so we agree the intended negotiation scope at the outset.
Can you review something already signed?
We can consider that request, but the purpose and available options may differ. Tell us that it is signed and explain whether you need help with performance, amendment, renewal or a dispute.
Useful preparation
A useful brief helps connect the review to the decision your business actually needs to make.
Before you send a contract for reviewAn enquiry is the starting point. We must complete conflict and capacity checks and agree an engagement before acting.