Smooth operator: the cost of getting commercial contracts wrong
Accurate, comprehensive, up to date contracts are critical if a business is to operate smoothly and within the law. Kim Klahn, head of law firm Lodders’ corporate and commercial practice in Stratford upon Avon, highlights some of the common oversights.
Precisely written, robust business contracts with suppliers, customers, business associates and employees are critical, and the golden rule for all commercial contracts is ‘the devil is in the detail’.
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