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The biggest challenge before any corporate lawyer is the ability
to draft and review contracts. Contract drafting is not just about
picking up a precedent, changing few details and passing it on to
the clients. Each client and transaction are different and should
be paid attention accordingly.
There is a sea of difference in what is taught in law colleges
to impart drafting skills and what a lawyer faces while dealing
with multiple parties trying to snatch from each other maximum
gains under any commercial arrangement. The lawyers from all
parties need to balance the parties expectations.
There are lot of books on drafting but they tend to be quite
long, boring, full of law and jargon and it doesn't really help
the reader capture much of it.
Bhumesh Verma, a corporate attorney, speaker and author conducts
drafting workshops for students and professionals regularly. Here,
he explains the salient features of contract drafting for easy
understanding of students in this video.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
Tweaking the language in contracts is often considered a timeconsuming process and sometimes contracts are executed on dotted lines to avoid negotiations.
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