Red Flag Commercial Contracts Review

Jan 24, 2024

Practical solution for in-house legal teams:

We understand the legal challenges that in-house lawyers face in ensuring alignment between legal advice and business objectives, all whilst managing multiple contracts. A quick and cost effective solution is to conduct a high-level commercial contracts review which is an effective way for your business to review its core contracts to identify key legal and commercial risk areas to ensure that they are aligned with the business’ commercial and strategic aims.

In-house lawyers who are faced with multiple contracts may end up like a juggler, with the weight of legal advice on one hand and the business’ strategic objectives on the other. The only solution is to walk the tightrope, carefully balancing the legal compliance and business ambitions.

How can this conundrum be solved? A Red Flag Commercial Contracts Review does not only identify warning signs, it also provides a guide that will help you through risk areas. Decoding troublesome clauses could identify hidden gems such as contractual provisions that align seamlessly with your business goals or unearth legal pitfalls which could harm the business if left unattended.

The Red Flag Commercial Contracts Review has the ability to save costs by reviewing fundamental terms of your key contracts in one go as well as identifying blind spots to enable you to deal with key risks and implement workarounds to achieve your objectives.

By selecting Herrington Carmichael’s experienced Commercial team, who will use their wealth of knowledge, coupled with the latest artificial intelligence powered tools, you will have peace of mind knowing that your Red Flag Commercial Contracts Review will be an effective way to identify and manage your risk across multiple contracts.

How can we help?

For strategic legal advice on issues discussed in this article, please ​contact us to speak to a member of our Commercial Team.

This reflects the law and market position at the date of publication and is written as a general guide. It does not contain definitive legal advice, which should be sought in relation to a specific matter.

Brendon Lesar

Brendon Lesar

Paralegal, Corporate & Commercial

Latest News & Insights

All in a Day’s Work: Employment Podcast Series

Our Employment team bring you a monthly podcast covering all aspects of Employment law for businesses and individuals. You can browse our podcasts below…

Top Legal Insights


Contract Law

Material Breach of Contract

What is a ‘material’ breach of contract by a party to a commercial contract? This is a critical issue regularly considered by the courts. What constitutes a material breach and what are the remedies?

Property Law

Commercial Lease: The Financial impact on Landlord and Tenant

Coronavirus (COVID-19) and the restrictions now in place to control its spread, are having a significant effect on many business sectors.

Divorce and Family Law

Divorce in Lockdown: Can I get some discreet legal advice?

We have spoken to clients who are unfortunately experiencing some family issues, and would like to obtain expert legal advice, yet don’t know how...

Land & Property Dispute

Restrictive Covenants – The Price of Modification

Having identified that your land is burdened by a restrictive covenant and for the purposes of this article the covenant in question will be that only one residential building can be erected on the land. What do you do next?

Wills, Trusts and Probate

Why is having a will so important?

It is entirely up to you if and when you want to create a Will, but it is important to be aware of the consequences of not having a Will.

Award winning legal advice

Herrington Carmichael offers legal advice to UK and International businesses as well as individuals and families. Rated as a ‘Leading Firm 2024’ by the legal directory Legal 500 and listed in The Times ‘Best Law Firms 2023 & 2024’. Herrington Carmichael has offices in London, Farnborough, Reading, and Ascot.

+44 (0)1276 686 222


Brennan House, Farnborough Aerospace Centre Business Park, Farnborough, GU14 6XR

Reading (Appointment only)
The Abbey, Abbey Gardens, Abbey Street, Reading RG1 3BA

Ascot (Appointment only)
102, Berkshire House, 39-51 High Street, Ascot, Berkshire SL5 7HY

London (Appointment only)
60 St Martins Lane, Covent Garden, London WC2N 4JS

Privacy Policy   |   Legal Notices, T&Cs, Complaints Resolution   |   Cookies  |   Client Feedback   |  Diversity Data



Our Services

Corporate Lawyers
Commercial Lawyers
Commercial Property Lawyers
Conveyancing Solicitors
Dispute Resolution Lawyers
Divorce & Family Lawyers
Employment Lawyers
Immigration Law Services
Private Wealth & Inheritance Lawyers
Startups & New Business Lawyers

Pay Online >

Please be aware that we have no plans to change our bank details. If you receive any indication that any of our bank details have changed please contact us before sending us any funds. We take no responsibility for monies you transfer into the wrong bank account.

© 2024 Herrington Carmichael LLP. Registered in England and Wales company number OC322293.

Herrington Carmichael LLP is authorised and regulated by the Solicitors Regulation Authority with registration number 446245.