What is EDGE Contract Review?
We provide skilled legal contract review services to ensure that our clients gain an edge in contract negotiations.
As well as skilled drafting of customised contract templates, T&Cs , SLAs and many other kinds of agreements for our clients, our EDGE Contract Review solution is an intellectually rigorous review by reference to the client’s legal and commercial requirements.
How does it work?
After a brief, painless onboarding process, the contract or licence agreement is assessed for commercial and legal reasonableness. We then provide written advice to cover off your commercial objectives or specific concerns as communicated together with a mark up of the contract containing the proposed amendments that we recommend for you, and the other parties to consider.
Specific terms covered by an EDGE Contract Review typically include:
- Payment terms (including how much is to be paid, when it has to be paid and any clawback or refund obligations)
- Scope of the agreement
- Term of the contract and renewal
- Delivery, installation and acceptance
- Any applicable performance indicators or service levels and service credits payable
- Any additional costs payable (such as indexation or expenses)
- Data protection
- Grants of rights relating to intellectual property
- Insurances
- Title & risk (where applicable)
- Limitations of liability
- Warranties
- Indemnities
- Termination rights and obligations
- Additional policies (if any)
- Diversion from boilerplate machinery clauses.
Onboarding
We onboard each client online then we follow up with a phone call for nuance on your commercial objectives or any specific concerns. We also provide a detailed fee estimate.
Advising, negotiating, drafting
We then promptly provide written advice and markup the agreement with any proposed amendments, comments or recommendations. While you eat your popcorn.
Discussion and follow up
We follow up with a phone call to discuss the recommendations, make any changes you ask for and provide you with a second version. We can also scope any follow on assistance, if required.