Quick Tips Series
22 April 2020
Welcome to our series of Quick Tips on Commercial Contracting
The tips are intended to be short and useful - and are drawn from our practical experience of drafting, reviewing and negotiating thousands of contracts a year for clients in South Africa and in the UK. Many of the points we highlight are seemingly obvious yet arise surprisingly often in the contracts or contract negotiations that we see.
Often this is driven by companies negotiating within tight time frames, with less leverage than they’d like, and amidst pressure from a business that’s desperate to just get the deal through. The consequence is that companies expose themselves to more risk than necessary, often without realising it.
This series of Quick Tips covers topics such as interrelated clauses, liability caps, insurance, termination for convenience, interest, creative remedies for non-compliance, suspension rights and deemed acceptance.
