Poorly Drafted Contracts: The Most Common Errors and How to Correct Them

Corporate attorney Daniel Fajardo wrote an article for Asuntos Legales about about the most common errors in contract drafting and how to effectively correct them. Throughout his career, Mr. Fajardo has identified frequent errors that can be corrected with attention, communication and a practical approach. Among the most common mistakes are not understanding the client's context, mismanaging the flow of money and failing to anticipate changes in regulations. He also emphasizes the importance of understanding the client's business, clearly defining scopes and penalties, and using appropriate formats, warning that the best way to avoid problems is to draft solid, clear and executable contracts from the outset.

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