Consultation – Drafting – Negotiation of Contract Execution

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Drafting, signing, and negotiating the execution of a contract is a process with many stages and requires thorough preparation in terms of content and form. A lack of preparation at any stage can lead to risks and even failure. Therefore, Long Phan aims to support clients in building a plan and drafting a professional, rigorous contract. This can facilitate negotiation, signing, and execution of the contract with partners.

Consulting, Drafting, and Negotiating Contract ServicesConsulting, Drafting, and Negotiating Contract Services

Consulting, Drafting, and Negotiating Contract Execution Services

Consulting on the conditions for contract validity and contract risks.

  • Advising on the qualifications of parties entering into a contract.
  • Assessing whether the subject of the transaction meets all legal requirements.
  • Consulting on the form of the contract, especially when the form is a condition for the contract’s validity.
  • Advising on cases of violation of prohibitions or social ethics as regulated.
  • Identifying instances where a contract transaction is void.
  • Providing solutions to rectify elements leading to a void contract to become legally valid.
  • Advising on legal consequences when a contract is void and how to address them.
  • Highlighting potential risks for specific types of contracts that clients may encounter during contract execution.
  • Offering guidance and solutions to mitigate or eliminate contract risks.

Drafting Contracts

  • Advising on transactions corresponding to each specific type of contract.
  • Providing standard contract templates.
  • Advising on indispensable terms in a specific contract.
  • Guiding how to draft contracts according to regulations and ensuring legality.
  • Drafting, amending, and supplementing contracts to perfection as per client requests.
  • Drafting contract annexes in cases where the client needs modifications or additions to the contract.

Contract Review

  • Reviewing the structure, list of terms, annexes, and attached documents.
  • Reviewing the wording and expression to avoid multiple interpretations.
  • Examining the validity of the entire contract and each term within the contract.
  • Evaluating unclear content that may lead to disputes.
  • Analyzing and assessing the feasibility and effectiveness of the contract to ensure it meets the requirements and purposes of the involved parties.
  • Assessing risks and providing solutions to minimize or eliminate risks in contract execution.
  • Proposing new terms and modifying current terms to ensure the rights and interests of the parties in the contract are protected.

Evaluating and Analyzing Contract TermsEvaluating and Analyzing Contract Terms

Negotiating, Signing, and Executing Contracts

Firstly, negotiation and contract signing

  • Consulting on identifying the client’s objectives: what to negotiate and agree upon, who the partner is, what kind of person they are, etc.
  • Setting important goals for the negotiation process.
  • Clearly assessing one’s strengths and weaknesses and devising measures to leverage strengths and mitigate weaknesses.
  • Gathering detailed and specific information about the partner.
  • Exchanging and grasping the partner’s information before negotiating.
  • Consulting and planning the negotiation and contract signing.
  • Advising on how to contact and invite the partner for negotiation professionally and effectively.
  • Preparing the negotiation content in advance, anticipating the partner’s questions and proposals to offer optimal solutions.
  • Specifically identifying factors that may affect the negotiation process and solutions to address them.
  • Directly participating and supporting clients during the negotiation and contract signing process.

Secondly, Executing the Contract

  • Developing a plan to execute the contract in a certain order to ensure the contract’s progress and achieve the highest efficiency.
  • Reviewing and inspecting the contract execution process and proposing corrective solutions (if any).
  • Suggesting, negotiating, and agreeing on amendments and supplements to the contract through contract annexes.
  • Consulting and guiding the preparation of documents for contract liquidation.

Negotiating and Signing ContractsNegotiating and Signing Contracts

Contract Risk Consulting

Risk is an unavoidable issue during the negotiation, signing, and execution of contracts. However, it is necessary to anticipate and foresee risks to then implement solutions to mitigate and minimize their impact on the interests of the parties involved in the contract. Some risks to be aware of when signing a contract include:

  • The risk of the contract being void
  • The risk of one party being unable to fulfill the contract
  • The risk of one or more parties not fulfilling their commitments or engaging in actions that affect the other party’s contract performance
  • The risk of incorrect, incomplete, or contract violation
  • The risk of legal indemnity situations
  • The risk of drafting terms that are not tight, unclear, or fail to anticipate possible scenarios

Contract Consulting Process at Long Phan

At Long Phan, clients are provided with professional contract consulting services designed to maximize effectiveness. The following outlines the contract consulting process at Long Phan:

  • Step 1: Receiving Requests

Initially, we proceed to receive contract consulting requests from clients. Then, we listen to understand the client’s requirements and objectives to ensure the best solution is provided.

  • Step 2: Analysis and Evaluation

We conduct a detailed assessment of the client’s contract subject, purpose, partners, and contract value. Long Phan’s team uses analytical, comparative, and synthesis methods to provide accurate information and evaluations about the current situation and future potential.

  • Step 3: Developing a Negotiation, Signing, and Execution Plan

Based on the analysis and evaluation, Long Phan develops a specific plan from the negotiation and signing stages to the contract execution and liquidation stages to meet client needs and ensure their rights and interests.

  • Step 4: Proposing Solutions and Suggestions

Long Phan’s consulting experts present and propose specific solutions. This process aims to clarify the objectives, benefits, and risks of each solution, thereby helping clients understand contract-related issues to make amendment and supplementation requests.

  • Step 5: Implementation and Monitoring

Once the client accepts the plans and contract proposals, Long Phan will carry out the implementation, monitor, report on the contract execution status, and make necessary adjustments to maximize client benefits.

Consulting, Drafting, and Contract Execution Pricing

Long Phan always prioritizes the interests of our clients, so we do not set a specific price for all types of contracts. The pricing will depend on the client’s needs: contract consulting, drafting, review, or the use of a full-service package, as well as the nature and detail level of the contract, which will have different specific prices. The prices for consulting, drafting, and executing contracts are clearly stated in the service contract signed by both parties. In cases where issues arise leading to a change in the initial price, the price will be updated and added to the contract annex.

Service Request Methods

To ensure maximum benefits and minimize disputes during the negotiation, signing, and execution of contracts, clients are encouraged to contact Long Phan through one of the following methods:

  • Hotline: 0906.735.386
  • Email: info@longphanpmt.com
  • Facebook: Long Phan Investment Consulting Company Limited
  • Zalo: 0906.735.386
  • Main Office: Commercial lot TM7, Lavita Garden Apartment, No. 17 Street No. 3, Truong Tho Ward, Thu Duc City, Ho Chi Minh City

Contracts serve as a binding basis requiring parties to fulfill what has been agreed upon, ensuring the interests of all parties are protected. However, to achieve this goal, thorough and careful preparation is required from the negotiation, drafting, signing, and execution stages of the contract; otherwise, disputes are likely to occur. If you have any questions or wish to use our contract consulting services, please contact us via Hotline: 0906.735.386 for the best advice and support.

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Consulting, Drafting, and Negotiating Contract Services

Consultation – Drafting – Negotiation of Contract Execution