Do I need to update my terms and conditions?

In times of increasing economic uncertainty, cashflow is a key driver for all businesses. Do your existing terms and conditions give you the best possible protection when it comes to ensuring that you get paid by your customers on time? Poorly drafted terms and conditions can leave you exposed to disputes, may jeopardise your ability to recover amounts that are owing to you, and result in you incurring additional legal costs. These real-life examples show how outcomes are can differ dramatically when you have properly drafted, well considered terms and conditions that you use in your business (and what the consequences can be if you don’t).

 

 

To discuss your terms and conditions, please contact our Dispute Resolution team. We’re here to help.