Corporate

Five things to check before you sign a contract

November 18, 2024 · 6 min read

Five things to check before you sign a contract

Most commercial disputes are seeded the moment a contract is signed. Here are the five clauses most often overlooked — and most likely to cause trouble.

The part of a contract that matters most is rarely “what we’ll do” — it’s “what happens when something goes wrong.” While the relationship is good, no one reads the clauses; by the time you need them, you discover nothing was written clearly.

1. Payment & acceptance terms

When is payment due, how much, and what counts as acceptance? Vague phrases like “paid upon completion” are a breeding ground for disputes. Spell out milestones and amounts.

2. Breach & termination

What constitutes breach? When the other side defaults, can you terminate directly, or must you give notice first? This defines your exit in the worst case.

The remaining three — governing law and jurisdiction, confidentiality and non-compete, and liability caps — deserve the same line-by-line attention. If you have a contract on your desk, let us look before you sign.

This website is for general information only and does not constitute legal advice, nor does viewing it create an attorney–client relationship. Please consult a qualified attorney about your specific matter.

Get in touch

Need legal judgment? Start with a 15-minute conversation.

In your first consultation we listen first, then lay out your options, costs, and risks — with no pressure to decide on the spot.