ABSTRACT
This chapter is about drafting and reviewing commercial contracts. The first part introduces the topic and discusses common types of commercial contracts. The second part looks at the typical structure of a commercial contract. The third part focuses on understanding contract language and drafting more clearly. It includes sections on legalese, modal verbs, expressions of time, and sentence structure. The fourth part looks at points to consider when reviewing a commercial contract.
At the end of the chapter, there is a section on the future of contracts, looking at the potential impact of legal technology and legal design on contract drafting and review.
By the end of this chapter, you should be able to:
explain different types of commercial contracts
identify the different parts of a contract
understand commercial contract language
recognise how to draft more clearly
appreciate how legal tech and legal design can be used in contract drafting and review
