Drafting Skills · glossary
A contract for a similar deal that the firm keeps to build on. You start the first draft from it, then fit every clause to this deal. Its boilerplate and signature page need the same check. Chapter 1 · see First draft
Explained in Chapter 1, How to Draft a Contract from a Term Sheet, of Drafting Skills.
You do not start from a blank page. You start from the firm’s precedent: a contract for a similar deal that the firm keeps to build on. Then you fit every clause to this deal.Read Chapter 1, How to Draft a Contract from a Term Sheet →
Chapter 1 and this glossary are open to everyone; the whole edition is free to read with a free account until 31 January, and it stays open to an account opened by then.Chapter 1 of Drafting Skills and this glossary are free to read; the rest of the edition is in the Library, at €12 a month or €79 for a Year Pass.
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This term is part of one fictional contract, from term sheet to signing, with every document attached and a test after every chapter. Open Drafting Skills → · All terms A–Z →