Tip #6: Review the Overall Structure When we’re drafting agreements, sometimes in our edits and modifications, things become disorganized. Payment terms are with deliverables. Insurance requirements are all over the place. We’re breaking into 5 exhibits when it would be more logical to do it in 3. There are a lot of things that we…
Tip #2: Clean Up Unused Defined Terms As lawyers, we use defined terms to refer to an idea, an object, a party, or something that has been uses to many words to continue to write out the whole phrase at a later time. In short, it’s a lawyer’s short hand. If you were a programmer,…
Tip #1: Only Define Terms Once Defining terms multiple times in a document can lead to confusion and significant problems in legal documents. Which definition applies in which instance? Inconsistent definitions may result in disputes over interpretation, putting your agreements at risk. One common error is with an MSA and SOW, and maybe you have…