Contract Management

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Contracts are an essential part of any contractual relationship or transaction. It is also significant that the executed contracts are legally sound and enforceable. Our contract management experts at MBG Legal can assist you in negotiation and drafting of various commercial agreements for any industry and ensure that your intentions are expressly stated and protected.
In the UAE, contract management services are particularly important for businesses operating in sectors such as construction, real estate, and finance, where contracts play a critical role in defining business relationships and ensuring the successful completion of projects. Contract management services in the UAE involve the oversight, administration, and maintenance of contracts between two or more parties. By outsourcing contract management services, businesses can ensure that they have the necessary expertise and resources to manage their contracts effectively while focusing on their core activities.
Contract Management as a Process
- Contract Creation: This involves integrating the request of the Client to formalize a working arrangement for the supply of goods or services. It could translate into renewal, amendment or termination of the contract in question
- Negotiation: During the negotiation stage, commercial and legal terms are incorporated into the contract. This involves several rounds of discussion with the Client to assess their needs and arrive at a mutually desirable position between the Client and the counterparty of the contract.
- Execution: Each party must sign the final agreement, the formalities prior to execution must be completed if any, and the contract becomes effective between the parties, post execution.
- Contract Administration: Each Party must comply with its rights and obligations during the tenure of the contract. A systematic process of evaluating the performance and management of disputes or problems of quality must be in place
- Contract End or Renewal: When a contract is due for expiry, several actions may be taken, the contract may be renewed under the same terms and conditions, re-negotiated or terminated. Parties need to be notified in all these cases.
Our Services
- Negotiation and Drafting of Joint Venture Agreement, Business Transfer Agreement, Shareholders Agreement, Service Agreement, Technology Collaboration Agreement
- Preparing and negotiating bid documents, project finance documents, investment contracts such as SAFE and/or SAFT
- Drafting of contracts related to Real Estate sale-purchase agreement, leasing and warehousing agreements, Musataha Agreements etc.;
- Drafting of corporate commercial documents such asMemorandum of Association, Articles of Association, Power of Attorney, Trust Deed and Assignment Agreement etc.
- Drafting employments contracts, employee handbooks, internal policies etc.;
- Negotiating and drafting commercial contracts including HotelManagement contracts, Franchise Agreements, Master Services agreements, Software Development agreements and contract manufacturing;
- Preparation of Management Information Services (MIS) for existing contracts
Benefits of MBG Legal’s Contract Management Services
- Expert Guidance: Our advisors bring a wealth of knowledge and experience to help you navigate complex contractual matters and managing contracts across various industires.
- Client Oriented Solutions: We provide tailored strategic solutions depending on your current business needs and requirements
- Risk Management: We can help identify and mitigate potential risks associated with your contracts and protect your business from legal and financial liabilities
- Effective Compliance: Our services ensure that contracts comply with the relevant laws and regulations, helping you avoid consequences from non-compliance
Get Started Today!
Ensure your Contracts are efficiently and effectively managed. Contact us today to schedule a consultation to learn more about our contract management services and how we can help your business.
Usually our Contract Review includes the following aspects:
- Detailed analysis of contract terms and conditions
- Identification of potential risks and legal issues
- Recommendations for amendments and improvements
- Ensuring compliance with applicable laws and regulations
- Reviewing contractual obligations and performance metrics
You can contact us via phone at [ MBG Phone Number], email at [MBG Email Address], or through our website’s contact form. We will schedule an initial consultation to understand your specific needs and discuss how our services can benefit your business.
