Legal contract review checklist
Template checklist for the legal review of a contract for due diligence purposes.
Background
When use a legal contract review checklist?
Legal due diligence is likely to involve the review of a number of legal agreements or other legal documents relevant to the subject of the transaction.
For an investment transaction, the subject company will have entered into numerous contracts dealing with different topics and activities, including:
- purchase and sale of goods
- acquisition of assets
- provision of services
- leasing of property and equipment
- development/licensing of intellectual property
- loans and other finance
- employment contracts
- agreement with the company’s founders and shareholders
To help achieve a consistent approach to the due diligence review and reporting process, the investor and its advisers may adapt a common document review checklist for use by the reviewers of documents. The review results and any recommended actions can then be presented in a consistent manner.
About this checklist
This checklist is for the legal review of a contract for due diligence purposes.
Document features
- introductory section, including provision for the purpose of the review, issues arising and recommended action(s)
- checklist of contract terms for review
Explanatory guidance
As with all of our document templates, your purchase will include access to clear explanatory guidance on the document and its use.
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