Drafting Process

Contract preparation is a multi-stage process involving a combination of skills and techniques. Our clients find it useful to have an understanding of what this involves in order for us to deliver a successful outcome.

These are the essential steps we take to obtain instructions form our clients, so that we can start the contract drafting service we provide:

1. Review clients' websites for an understanding of the their business scope and terms and conditions of business. 
2. Listen, question, discuss, clarify and understand clients' requirements through email and phone calls. 
3. Conduct issue-specific research, documentation, and counter-parties.
4. Conduct due diligence on clients' business formation through Companies House and other sources. 
5. Draw on our extensive database and drafting tools in our Techbank to prepare and deliver the required documents. 

These are the essential steps we take in developing a draft contract for our clients. The sequencing varies very little case by case, but there are often intermediate steps to ensure we understand our clients' requirements. 

1. Collate inputs: This step involves gathering and assessing all the necessary information and instructions from our client to begin the drafting process. It is crucial to have a clear understanding of our clients' requirements and expectations.
2. Assess contract scope: Once the inputs are collected, the contract scope needs to be evaluated. This involves determining the extent and content of the contract to ensure that it aligns with the client's requirements.
3. Prepare initial draft: Using our contract drafting skills, the initial draft of the contract is prepared. This step involves translating our clients' instructions and requirements into a comprehensive contract document.
4. Receive clients' comments: After delivering the initial draft to our clients, feedback and requests for changes are received. This step is important, as it allows for collaboration and ensures that the contract reflects our clients' preferences and needs.
5. Finalise and deliver: Based on the clients' feedback and further input, the draft contract is finalised. This includes incorporating any necessary amendments and revisions. Once the contract is deemed satisfactory, it is delivered to our clients for their review and acceptance.

Note: The importance of these points is derived from the fact that they represent key steps in the drafting process, from gathering initial information to delivering the final contract. Each point contributes to ensuring that the contract meets the clients' requirements.