Contracts & Risks

Contracts are essential part of the businesses across almost all industries. So are the risks associated with these contracts. During negotiation stage, before contracts are executed, the draft must be critically examined so as to ensure that the inherent risks are addressed in risk clauses using appropriate legal language. The contract reviews primarily mean estimating the value at risk, evaluating whether the impact is higher than the tolerance of risk bearer and mitigating/ transferring the risk beyond the threshold.

We advise our clients in reviewing the draft contracts, identifying the key risks and suggesting best mitigating measures; the advisory also includes reviewing existing contracts and suggesting ways to claim legitimate compensation or taking actions against non-performance in terms of the contract.