This podcast explores how well drafted contracts can prevent business disputes before they arise, rather thansimply managing problems after things go wrong.

In this episode of Explain That by Velocity Legal, host Andrew Henshaw is joined by Commercial litigation lawyer, Jess Hill to discuss why many commercial disputes stem from unclear orincomplete contracts, and how careful drafting can reduce risk, cost and uncertainty for business owners.

The discussion covers:

• Why informal or vague agreements often lead to disputes
• Common drafting issues that create uncertainty
• The importance of clearly defining scope, payment and termination
• Why jurisdiction and governing law clauses matter
• How drafting contracts with disputes in mind can avoid arguments about where and how a dispute is resolved

A practical episode for business owners who want their contracts to act as a first line of defence, not just adocument relied on once a dispute has already started.

For tailored advice on contract drafting, dispute prevention and managing commercial risk, contact our Commercial and Disputes Teams at www.velocitylegal.com.au.