Commercial contracts form the basis of commercial activities. A good contract sets out in clear terms the rights and obligations of the contracting parties. A good contract should be prospective in that it foresees and regulates issues that may happen in the future. A good contract ensures commercial activities are done in an orderly manner that benefit both parties.
The lawyers of CPH Legal are experienced in drafting commercial contracts that suit the needs of start-ups, small and medium enterprises (SMEs), as well as pre-IPO companies and companies planning to be acquired. We possess commercial acumen and can provide you with practical legal advice as well as draft commercial contracts that suit your needs.
We are experienced in drafting contracts that are tailor-made for your needs such as:
- Supply of goods and services agreements
- Shareholders' Agreements
- Joint-Venture Agreements
- Sale and Purchase Agreements for shares
- Mortgage Agreements
- Loan Agreements
- Tenancy and Lease Agreements
- Employment Agreements
- Confidentiality or Non-Disclosure Agreements (NDAs)
- Agreements for the Entertainment industry
- Agreements for the catering or Food and Beverage (F&B) industry
- Agreements for the sports industry
- Agreements for the aviation and shipping industries
Why should SMEs and startups also instruct a lawyer to draft contracts and agreements?
SMEs and startups in various industries face unique challenges in their respective fields. One common aspect among them is the desire to reduce operational costs, which often leads them to negotiate and draft contracts themselves to save legal fees. However, just as your business specializes in a particular field, lawyers specialize in the law which is a distinct subject. Having a professional lawyer negotiate and draft contracts for you can actually save you from potentially more significant costs, such as hefty legal fees for litigation resulting from unclear contract terms.
Moreover, aside from risk mitigation, experienced commercial lawyers may have unique insights into many commercial areas. They can provide valuable legal advice in drafting contract terms and perhaps even in day-to-day operations, which can not only reduce potential expenses but also potentially increase revenue for your business.
In light of the above, instructing an experienced commercial lawyer to handle contract matters can indeed be a wise choice.
When you company grows to a certain scale, besides re-investing your profits in your company, you may also consider investing in or acquiring other companies that are your competitors, or are current or potential suppliers or customers of your company. You may also consider accepting an offer from a larger company to purchase shares in your company. When this happens, you will need a legal team to represent you in the merger or acquisition and in the Due Diligence process.
The lawyers of CPH Legal are experienced in handling mergers and acquisitions and in negotiating better and more reasonable terms for clients, as well as handling the Due Diligence process effectively.