When do you have a binding contract? It may be more (or less) often than you think

Sometimes what appears to be an agreement is not in fact binding, for example because it is incomplete or its terms are uncertain, or perhaps because the necessary contractual intention is lacking.

Conversely, a binding agreement might be reached despite appearances to the contrary, for example where parties commence work before a formal agreement is signed.

In this first of our series of contract disputes practical guides, Tim Parkes, Chris Bushell and Robert Moore consider the problems that can arise and some practical steps that can be taken to minimise the risks. Topics covered include "subject to contract" negotiations, heads of terms and agreements to agree. You can click here to download the PDF guide.

Clients and contacts of the firm can also register to access the archived version of our webinar exploring these issues by contacting Jane Webber. The webinar lasts an hour and qualifies for one CPD point.

If you would prefer the 8 minute version focusing on key practical tips, Chris has also presented this short podcast.

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