Contract risk assessment
Before entering into an agreement or commencing negotiations, an initial assessment of the contract can help identify important legal and commercial risks and highlight areas that require further attention.
It provides a useful basis for informed decisions, negotiations and further action.
I can support businesses in assessing commercial agreements, helping them identify and understand potential risks, prepare for negotiations and determine appropriate next steps.
For examples of contract risks, read about NDAs and LoIs.
The assessment is intended to support decision-making and does not replace a full legal review.
When this can be useful
An initial assessment can be helpful when you need a structured overview of key risks before deciding whether further legal review or negotiation support is required.
Typical situations include reviewing a first draft agreement, preparing for negotiations, working within limited timeframes, or deciding whether further review is required.
What the assessment covers
The assessment is tailored to the agreement and situation. It typically::
identifies key legal and commercial risks
highlights unusual, unbalanced or potentially problematic provisions
identifies areas that may require negotiation or further attention
provides practical observations to support decisions and next steps
The objective is to provide a structured overview of key issues and risks, rather than a detailed legal review.
What the assessment does not include
The assessment is based on the submitted document and available information. It is intended to provide an initial overview and does not replace a full legal review or detailed contract analysis.
Depending on the circumstances, further review, negotiation support or specialist input may be appropriate.
Relationship with contract negotiations, drafting and review
In some situations, a contract risk assessment may provide sufficient clarity and direction.
Where more detailed analysis, drafting assistance or negotiation support is required, support can be expanded to reflect the circumstances of the matter.
Contact
You are welcome to get in touch if you would like to discuss an agreement or explore whether a contract risk assessment may be appropriate in your situation.
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