Managing Commercial Risk Before Signing a Business Deal

Commercial opportunities can carry legal and financial risks. A structured review before signing can help decision-makers understand their commitments and identify matters that need clarification.

Understand the counterparty

Confirm the identity and authority of the parties and consider any due diligence appropriate to the transaction.

Check the obligations

Review deliverables, timelines, payment arrangements, performance standards and consequences of non-performance.

Resolve uncertainties before signing

Clarify ambiguous terms and ensure that material promises are documented. Specialist advice may be particularly valuable for high-value or complex transactions.

This article provides general information and is not a substitute for advice on a specific matter.