Contract Law

Legal Services for Business

Specializations

Contract Law

As is widely known, entrepreneurial activity is an independent activity of legal entities and individuals, carried out in civilian circulation aimed at systematically receiving profits from the use of property, sale of things as well as from performance of work or provision of services. As a rule such an activity comprises the performance by businesses of various types of transactions.

In turn, in the process of conduct of any given transactions by such entities, nothing other than the conclusion and subsequent execution of economic and civil law contracts occurs.

In practice, there is often an opinion in the business environment that the value of the contract should not be overestimated, and therefore its detailed study and examination involving, for instance, professional lawyers, is unnecessary, excessive and in many ways burdensome. After all, the parties to the transaction can independently "agree on everything and reach an agreement on all the terms of the contract".

It is in cases where such an approach is applied later disputes and conflicts prevalently arise, based on the improper performance by one of the parties to a contract of its own contractual obligations.

In such cases issues related to various contractual risks may not be worked out as well, or the achieved terms of the transaction will not find their adequate and competent integration into a written contract. All this may certainly lead to the onset of sufficiently significant negative consequences for the parties to the contract.

We are convinced that the issues of concluding and executing any types of contracts should be approached with a sufficient degree of prudence and reasonableness, without neglecting the services of professional lawyers, especially in cases where the transaction price and the risks associated with its execution can be very significant.

Key activities

Within the framework of contract law subpractice lawyers of Lovtsov Klochko & Partners provide legal services in the following key areas:

Providing verbal and written advice on the conclusion and procedure for the fulfillment of contractual obligations;
Analysis of the contractual scheme of the parties to the transaction to determine its compliance with the law, as well as working out of proposals for the adjustment of the contractual scheme based on the criteria of its optimality, efficiency and compliance with the interests of the Client;
Structuring of various types of transactions (a group of interrelated transactions);
Development of various types of economic and civil law contracts, including international business contracts under a specific individual Client's request;
Drafting of license agreements as well as agreements on the creation, use and cession of intellectual property rights;
Drafting of agreements on the transfer of functions of the incumbent single executive of a legal entity to a managing entity (to executive manager - individual entrepreneur);
Legal review of the contract provided by the Client to determine its compliance with the law, assessment of possible contractual risks;
Participation in the negotiation process on the Client’s side (as well as representation of his interests) when entering into various types of contracts, negotiating the terms of contracts with counterparties;
Drawing up additional agreements to contracts, protocols (settlements) on reconciliation of disagreements, invoices, Certificates on works performed (services rendered) and other documents under the transaction;
Legal support upon the conduct of various types of transactions.

Contact person:

Tatiana Klochko

Partner

+375 (29) 389-48-77 Tatiana.Klochko@lkp.by

The provision of legal services is paid on the basis of the cost and pricing principles previously agreed with the Client, namely: either on the basis of a fixed cost of services, or on the basis of a “budget” determining the allowable minimum and maximum cost limits, or on actual labour costs.

Payments are carried out on the basis of an invoice as well as Certificate of services rendered (if payment is made upon completion of the services rendering).

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