Legal Assessment of Contracts

Proper assessment and set up of contracts facilitate identification of weaknesses in the document as well as provides protection of the entity’s interests in terms of Russian and international laws. Furthermore, it helps avoiding difficulties when executing the terms of the agreement.

Failure to properly set up the contract can become a time-ticking bomb even in what appears to be a favorable situation. In order to obtain confidence that your interests are well protected, it is of outmost importance to have a complete assessment of contracts, performed by experts that are both independent and ethical.

What Does “Legal Assessment of Contracts” Mean?

Since most of the legal assessments of contracts are commissioned by only one party to the agreement, legal expert first finds out that essential terms of the deal, any particular wishes of the client, special terms and conditions, and items that the client wants to avoid intentionally.

Then, the legal expert identifies those terms that contradict Russian and/or international legislation, as such terms can put the whole deal at risk. Afterward, the contract is examined to ensure all interests and rights of the client are guaranteed and protected and any unfavorable items are removed or modified.

The final draft prepared by our expert, containing highlighted corrections and modifications as well as a signed conclusion with opinion of our legal specialist on the terms and conditions of the assessed document, are sent to the client.

At Independence we provide complete set of services for contract assessment, including contract preparation and execution.

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