4.Contract Drafting, Review and Negotiation

A company will enter into contracts to advance its business in all stages of its life, whether the R&D stage, the manufacturing stage or the commercialization stage. In those contracts, it is of course important to negotiate advantageous terms. But, in a given transaction, it is just as important to draft clear language in your contract so that you can avoid any disputes in the future. Even if you think that you have negotiated favorable terms, it is possible that the contract does not accurately reflect your intention, and this can cause you unforeseen trouble in the future as your business grows.