Commercial Contracts are the lifeline of all businesses. Whether it is through signing up Distributors or Channel Partners or Resellers OR by executing Master Services Agreements (either as a Customer or as a Service Provider), businesses constantly need well structured contracts to help them expand into new markets. When drafted well, Contracts are also tools by which businesses can secure their revenue streams and monitor significant expenditure.
We regularly assist both startups as well as large multinational companies, in structuring different kinds of commercial contracts. Irrespective of who the client is or what their business is, the underlying objective remains the same- To help Clients seize commercial opportunities, while protecting them from potential downsides.
Our role as truly “commercial” attorneys is to recognize the commercial rights and obligations desired by our clients, and accordingly reflect the commercial understanding through legally enforceable contractual provisions.
The process of recognition entails our attorneys doing intensive background research on the industry practice(s) adopted in our clients’ industries and the regulatory environment within which our clients operate.
The process of reflection entails our attorneys (a) applying their understanding of the law of contracts to a given commercial scenario; (b) learning from structuring similar contracts for other clients; and (c) analysing applicable judicial precedents. A well structured contract will contain all of above ingredients!
