Peterborough office
48 Broadway, Peterborough Cambridgeshire, PE1 1YW
01733 346 333 01733 562 338 enquiries@hegarty.co.ukStamford office
10 Ironmonger Street, Stamford Lincolnshire, PE9 1PL
01780 752 066 01780 762 774 enquiries@hegarty.co.ukOakham office
66 South Street, Oakham Rutland, LE15 6BQ
01572 757 565 01572 720 555 enquiries@hegarty.co.ukMarket Deeping office
27a Market Place, Market Deeping, PE6 8EA
01778 230 120 01778 230 129 enquiries@hegarty.co.uk7 May 2025
The business world is constantly evolving, laws change, industries shift, and new risks emerge. Yet, many companies still rely on rigid, outdated contracts that don’t account for future challenges.
A well-drafted corporate agreement should be more than just a legal document, it should be a flexible, forward-thinking strategy that protects your business from uncertainty.
In this article, we’ll share practical tips for drafting contracts that stand the test of time, ensuring your business remains legally secure, adaptable, and competitive.
To ensure your business agreements remain effective as circumstances change, consider the following:
1. Build in Flexibility with Clear, Adaptive Clauses
Example: A supply contract with a fixed pricing model could become unworkable if material costs rise. Instead, a variable pricing clause linked to inflation or market rates helps keep the agreement fair and sustainable.
2. Anticipate Regulatory and Legal Changes
3. Create Strong Exit Strategies and Dispute Resolution Terms
4. Protect Against Business Restructures and Ownership Changes
5. Use Plain, Unambiguous Language
Example: Instead of stating “reasonable efforts will be made,” specify what “reasonable efforts” actually entail, including timelines and expectations.
At Hegarty, we help businesses draft legally sound, flexible, and future-proof contracts tailored to their industry and growth plans.
Learn more about our corporate legal services here.