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Home/Articles/Contracts/Contract review risk checklist

Contracts

Contract review risk checklist

Common contract defects to look for before signature or negotiation.

Reviewed by Gerhard Human · 26 Apr 2026 · 1 min

Start with parties and authority. Confirm the correct legal names, registration numbers, representatives, signing authority, and whether approvals or resolutions are required.

Then test the commercial bargain. The agreement should clearly record price, scope, deliverables, milestones, payment triggers, acceptance criteria, breach consequences, termination, and dispute process.

Look for risk-transfer clauses: indemnities, limitation of liability, exclusions, confidentiality, data processing, restraints, warranties, guarantees, cession, assignment, and jurisdiction. These clauses often carry the real commercial risk.

Check the mechanics. Notices, domicilium, electronic signature, renewal, variation, severability, counterparts, annexures, and precedence clauses should work together.

This article is general information only and does not create an attorney-client relationship. Submit an enquiry for advice on your specific facts.

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