Contracts and Agreements

Written contracts give both parties a clear, shared understanding of what’s been agreed and what happens if something goes wrong. Without one, resolving a disagreement relies on recalled conversations and informal communications, which are much harder to enforce.

A well-drafted contract reduces the risk of disputes and makes them far easier to resolve if they do arise. We recommend putting something in writing for any business relationship of significance.

A confidentiality agreement (also known as a non-disclosure agreement or NDA) is a contract that restricts how the other party can use information you share with them. You should have one in place before sharing any sensitive business information with a third party, whether that’s a potential investor, supplier, employee or business partner.

Once information has been shared, it’s much harder to put protections in place. We can draft a confidentiality agreement quickly and at a reasonable cost.

Yes. We regularly review contracts sent to our clients by their customers, suppliers and contractors. We identify terms that could put your business at risk, explain what they mean in plain English, and advise on whether they’re reasonable or worth pushing back on. Where needed, we can also negotiate amendments on your behalf.

Template terms and conditions are standard contractual terms that apply to a particular type of arrangement your business enters into regularly. For example, if you sell goods or services to customers, having clear terms in place helps to avoid misunderstandings and protects your business if something goes wrong.

They’re a cost-effective way to ensure you’re consistently protected. We can draft terms tailored to your business and the types of arrangements you enter into.

Costs depend on the complexity of the contract and the work involved. We discuss fees openly at the outset. For businesses that need ongoing contract support, our Fosters In House retainer service offers access to our commercial team for a fixed monthly fee, which can be a cost-effective option if you deal with contracts regularly. We’re happy to talk through what’s right for your situation.

A loan agreement sets out the key terms of any loan you’re providing or receiving: the amount, the repayment date, any interest charged, any circumstances in which the loan can be called in early, and any restrictions on how the money can be used. Without one, different understandings of what was agreed can lead to disputes that are difficult and costly to resolve.

A clearly drafted loan agreement gives both parties certainty and helps to prevent misunderstandings before they arise. We can put one in place quickly, regardless of the size of the loan involved.