In the business context, where trust and risk are often present together, contracts are the principal means for shielding one’s interests and managing enforceable obligations of the contracting party. Regardless of whether it is the new business, employment of an employee, signing a joint venture agreement, or purchasing services, contracts are quintessential when outlining the area of responsibility and recourse. In Singapore, which has a developed legal infrastructure and utmost respect for the rule of law, professionally drafted contracts are not a luxury; they are a fundamental requirement.
At Amarjit Sidhu Law, we offer essential, bespoke contract drafting services to clients from different sectors. It is our conviction that every contract should capture not only the business deal but equally be capable of withstanding an audit and scrutiny from a third legal eye. With decades of experience in solicitor’s work and commercial law, we are a trusted legal partner for businesses, entrepreneurs, and individual clients who require unambiguous legally binding agreements for their protection.
The Importance of Professional Contractors’ Services
A contract is defined as an agreement with a legal basis, and its contents are divided into terms and conditions that can refer to any type of meaning, vague, broad, unspecific, uncomplete, and many add-ons outlines that can lead to discrepancies and disputes. Some contracts may be declared void and un-enforceable within the courts. Legal drafting done by professionals will always make certain that your agreement is correct and well detailed while also keeping in mind the local laws and business practices.
The following are reasons why hiring a contract lawyer is of benefit:
Legal Enforceability: Checks if the contract follows the laws of Singapore and comprises of legally enforceable clauses.
Clarity and Structure: Set boundary markers for sets of unsureness and ambiguity by articulating in a clear manner all roles, rights, duties, and expectations that all signatories will fulfil.
Dispute Prevention: Put forth measures to avoid unwarranted conflicts while also guarding against them such as indemnity clauses, dispute resolution policies, and exit strategies.
Customization: Change the terms and condition so that they fit to the relevant industry, relationship, or transaction as opposed to filling for open slots in ready-made templates.
At Amarjit Sidhu Law, we have developed a specific approach teamwork, collaboration, and a methodology towards drafting contracts. We seek to provide contracts with the exact outcome and goals that you instruct us on.
1. Discovery and Consultation
In the initial stage, we gather all relevant information to understand the nature of the arrangement. This means learning about the people, the deal’s scope, all relevant clauses you may need, and evaluating any legal issues you may face.
2. Structuring the Agreement
We prepare a comprehensive protective contract based on the preliminary discussion. The selected clauses must comprehensively represent the defined objectives, which include: termination rights, consequences of breach, confidentiality, and dispute resolution.
3. Review and Refinement
We collaborate with the client to ensure that all agreements are in the desired format, with a detailed explanation of every clause. In the case where discussions are to be had with other parties, we assist with negotiation strategy.
4. Execution and Implementation
We assist with the agreement’s formal execution and provide relevant instructions on the management and storage of the contract and obligations once the final draft is ready.
Types of Contracts We Draft
Amarjit Sidhu Law is proud to have developed and handled numerous commercial and personal agreements which includes, but not limited to:
Business and Commercial Contracts
Partnership Agreements
Shareholders’ Agreements
Franchise Agreements
Distribution and Agency Agreements
Employment and HR Agreements
Employment Contracts
Consultancy Agreements
Non-Disclosure Agreement (NDA)
Non-Compete and reasonable Restrictive Covenant Clauses
Corporate and Finance Agreements
Loan Agreements
Non-Standard Personal and Corporate Guarantees
Joint Venture Agreements
Investment Term Sheets (NDA to follow)
Property and Tenancy Contracts
Commercial Lease Agreements
Residential Tenancy Agreements
Option to Purchase Documents (OTP)
Technology and IP Contracts
Software Licensing Agreements
Technology Development Agreements
Intellectual Property Assignment Deeds
Settlements and Disputes Resolution Agreements And Contracts
Deeds of Settlement
Mediation Agreements
Arbitration Clauses and MOUs
Each contract is created according to the specifics of a clients business model, transaction and to protect the clients from any potential risks.
Why Choose Amarjit Sidhu Law?
1. Deep Legal Knowledge
Our extensive experience in corporate, commercial and litigation matters indicates that precise language and comprehensive safeguards are the essentials in contract drafting.
2. Client-Focused Approach
No templates are used and each contract is undertaken from the ground up based on the client’s goals, business makeup appetite.
3. Industry Knowledge
We understand how each industry’s contracting requirements differ because we have worked with clients ranging from technology startups to property developers.
4. Comprehensive services
In addition to drafting contracts, we provide counsel for contract reviews, negotiations, renewals, enforcement, dispute resolution, and any other issues. We strive to tailor our services to your needs and become your in-house legal provider for the long term.
5. Set fees, quick delivery, and quality
With us, you receive compliance to regulations and standards without forfeiting value, and our clear pricing guarantees your funds are utilized appropriately.
When should you consult with a contract lawyer?
Professional drafting should be sought whenever a significant transaction, relationship, and dealings involving obligations, funds, or intellectual property are entered. Common cases include:
Employing or terminating staff
Forming a partnership or joint venture
Leasing or purchasing commercial real estate
Acquisition of investments or loans
Licensing or transferring copyright
Privately settling a legal claim
In all these situations, inadequate legal supervision within the agreement, a contract devoid of oversight, or improper drafting invariably leads to financial loss, penalties from regulatory bodies, or damage to a company’s reputation.
In-Depth Contract Review
At Amarjit Sidhu Law, we do not only draft contracts, we also provide contract review services. Whether it is a commercial lease, an investment term sheet, or a service level agreement, it is crucial to pay attention to the terms before you sign. We look at existing contracts for red flags, compliance, and unreasonably unfavourable terms or clauses. We provide you with suggestions on how to modify or negotiate them.
Amarjit Sidhu Law guarantees that you will not be caught off guard and know exactly what you are getting yourself into before taking any legally binding actions.
Comprehensive Legal Services
Our legal services go beyond just providing assistance with drafting contracts. We also provide, but are not limited to:
Corporate compliance
Civil litigation
Employment law
Real estate law
Criminal defence
Family law
The comprehensive nature of the services we offer helps us address underlying legal matters which may not be evident from a contractual point of view but have the potential to impact your business or personal interests in the future.
Conclusion: Contracts With Protection Features: More Than Just Paperwork
A well drafted contract serves as your spearhead and legal safeguard for a commercial relationship, and at Amarjit Sidhu Law, we believe it serves to guide legal strategy and business functions.
Foresight, purpose, and legal exactitude are what should go into every contract, and if you are venturing into a business deal or personal agreement and wish to make it legally binding, let our experienced team assist you. We design contracts that not only withstand scrutiny but also serve your best interests.
To strategically align with your business objectives, let us know by contacting Amarjit Sidhu Law today for a consultation regarding strategically and legally safeguarding your business or personal interests.
Contact Information:
– #133 New Bridge Road, Chinatown Point #11-09, Singapore 059413
– +65 6259 2460 | +65 9885 4058
– Email: amarjit@asl-law.com.sg
– Website: www.asl-law.com.sg/practice_area/solicitors-work/