The main problem for writers of letters of intent is that they don’t ask why the parties are using a letter of intent. You may not need a letter of intent at all. What’s your purpose? Is the purpose of your letter to … award the contract for the works
Everyone prefers plain language – your clients expect and want it from their advisers, their business partners, their regulatory authorities and also from their lawyers. But the skills to write plainly are uncommon, and the tools and techniques need to be learnt and practiced (and bad habits erased). Bad Habits
When writing your contract, you may be tempted to see it as a form of safety-net. Rights and remedies… This means your contract will inevitably focus on what will happen when things go wrong. Is this really a good start to a client relationship? How do you think it makes
A good speech is like a skirt – it should be short enough to be interesting and long enough to cover the essentials… Churchill The same is true of a good contract. Short enough to be read. Long enough to cover the essentials. In the construction industry, we have (2018)
Contracts are tools to help you do business, and in that sense, you (rather than a lawyer) might be the perfect person to write your own contract. This might seem counter-intuitive coming from a contract specialist, who helps companies to write their own contracts. When I work with clients, I
There is no point deciding to write a contract until you have decided it’s purpose. What is your contract meant to do? Here are some suggestions: Create trust You may decide that your contract should create or enhance trust between you and your contract partner. Your contract acts as a
“To be clear is to be efficient; to be obscure is to be inefficient. Your style . . . is to be judged not by literary conventions or grammatical niceties but by whether it carries out efficiently the job you are paid to do.” As the author of the 500
There isn’t one way to draft a contract or legal document, whatever you may have been told. These tips will help you create a better contract. Any Format In England/Wales, there is no specific format or style or content for most contracts. It doesn’t even have to be written down.
Back in 2012, as part of my research into how to write a contract in just 500 words, I developed my set of minimum requirements for construction contracts. Rather than start with a contract and edit madly, I started with a blank sheet of paper and worked out what I
Liquidated (or delay) damages are pre-set damages (listed in the contract) which make it simpler and quicker to recover compensation when the other party to the contract defaults or commits a breach. One such example is the notice from a hotel chain to charge £100 if a guest smokes in