| Contract
Drafting / Review / Management
Contract drafting, review and management
are painstaking, laborious and iterative
but indispensable exercises for law firms,
attorneys and companies. RKS Legal provides
support services in this arena to ease your
burden and yet achieve the desired outcome
in an agreed timeframe at economical cost.
Our highly qualified, experienced and specifically
trained contract specialized team caters
to your need of contract drafting, review
and management with high value addition.
Contract Drafting
RKS Legal Contracts Team is well experienced
in drafting:
- Standard Form Contracts
- Commercial Contracts
- Transactional Contracts
Industry specific contracts and agreements
such as:
- Employment Agreements
- Confidentiality Agreements
- Non-Disclosure Agreements
- Collaborative Research Agreements
- Licensing Agreements
- Agreements for Partnership and Tie-ups
At RKS Legal during the
entire contract drafting process a dynamic
relationship is maintained with clients
for iterative revisions and finalization
of drafts to their complete satisfaction.
On specific request we also prepare a Risk
Matrix and flag critical issues or clauses
requiring client’s specific attention.
Contract Review
The RKS Legal Contract Review Team has specialized
experience and expertise to review contracts
and provide the upshot in a customized matrix.
Contract review can be done as one time
exercises or as an ongoing review process
for more meaningful and successful management
of a contracts portfolio.
Contract review can help clients in early
identification of liabilities, avoid lapses
in fulfilling their obligations, gain meaningful
insight of the entire contracts portfolio
and enable them to make the contractual
key terms uniform across the portfolio.
Our Contracts Review Team, reviews, analyses
and records the following:
- Classification of all contracts for
quick retrieval
- On-going key obligations
- Inconsistencies in contracts across
the portfolio
- Contracts that are acquired and deviating
from client’s standard form
- Differences between client’s
standard forms and the industry practice.
Additionally, flagging
of key critical issues for urgent attention
and action.
Contract Management
Contract management involves keeping a track
of the entire contracts portfolio for maintaining
their legal effectiveness and avoiding any
undesirable implications.
RKS Legal offers contract management through
a customized and searchable database with
client specific access which allows them
to review their contracts and keep a check
on the administration of their portfolio.
The key features of RKS Legal contract management
are:
- Upload and maintain from the initial
drafts up to the final agreements
- Redline, analyze and summarize revisions
made to the contracts
- Flag the finalized contracts ready for
execution
- Constantly update database by uploading
new contract, review and summarize key
terms
- Provide snap shots of contract obligations
and prepare compliance timelines
- Alerts through predetermined modes (email,
facsimile, letter, etc) for compliance
timeline
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