Episode 53 - Advantages of an in house contract review
In this episode, I discuss the benefits of reviewing your own contracts internally before seeking legal advice. I explain how understanding your trade and operations can help identify risks better than a lawyer alone.
Key takeaways include reading contracts like drawings, using a checklist tailored to your needs, and asking lawyers targeted questions.
- Read contracts by separating clauses instead of reading front to back
- Create a contract review checklist specific to your trade and risks
- Review contracts yourself first to understand operational impacts
- Provide lawyers context on your trade and ask targeted questions