You do not always need to reinvent the wheel.<\/p>\n
In business, it is often more cost-effective and practical to adapt or update certain provisions of existing procurement, supply, distribution agreements or standard terms and conditions to reflect changed circumstances or newly emerging market risks.<\/p>\n
This is particularly true where a contract originally developed for purely domestic procurement or sales transactions continues to be used, while the importance of international business relationships within the company has steadily increased in areas such as purchasing, sourcing and sales.<\/p>\n
Older contracts frequently fail to take into account developments in modern business, new markets and the legal particularities associated with them. Examples include the risks arising from the application of a foreign legal system as the governing law, differing liability standards under foreign laws, the applicability or absence of international conventions, the risk of being subject to the jurisdiction of a foreign court together with unfamiliar procedural rules and a foreign language of proceedings, or the enforceability of the German retention of title regime in cross-border transactions, a concept that many legal systems neither recognise nor acknowledge to the same extent.<\/p>\n
In such situations, it is often sufficient to contain entirely new and potentially significant contractual risks associated with international business activities through a straightforward review of existing contracts at relatively low cost.<\/p>\n
Anyone can do it expensively. We offer cost-effective and efficient solutions designed to protect your contractual interests and mitigate your risks in an increasingly globalised business environment.<\/p>\n
Take advantage of our services and get in touch with us today.<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"
You do not always need to reinvent the wheel. In business, it is often more cost-effective and practical to adapt or update certain provisions of existing procurement, supply, distribution agreements or standard terms and conditions to reflect changed circumstances or newly emerging market risks. This is particularly true where a contract originally developed for purely […]<\/p>\n","protected":false},"author":32,"featured_media":55632,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15],"tags":[],"class_list":["post-55631","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t