Why should a lawyer review a business contract before signing?

Corporate Legal Consultancy

Legal review can identify unclear obligations, hidden risk and enforcement problems before a contract becomes binding. Under Nepal's National Civil Code, a legally enforceable agreement creates binding legal relations between the parties.

Key areas to review

  • identity and authority of parties
  • scope of goods or services
  • price and payment
  • delivery and performance standards
  • deadlines
  • warranties
  • termination
  • liability
  • indemnity
  • confidentiality
  • intellectual property
  • dispute resolution
  • governing law
  • force majeure
  • notice provisions
  • remedies for breach

Many commercial disputes begin with unclear drafting rather than deliberate wrongdoing.

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