Not Necessarily In That Order

Businesses habitually send license agreements, services agreements, and other standard agreements to their legal counsel to review, revise, and explain the risks associated with proposed deals. However, there are several attachments that should be included for review but are routinely left out; orders are among the most important.

Orders can sometimes be an afterthought after the terms and conditions have been painstakingly negotiated. However, it's important to make sure that orders contain all of the information required by the underlying agreement. When deals go bad, people usually look to the order to determine what was purchased before analyzing what was received. Ensuring that sufficient information is contained in an order can be an easy way to prevent a costly dispute.