August 2023

Patrick Lim Partner at Raj, Ong & Yudistra Proceeding with the breakdown of the types of clauses that you should look at when carrying out legal contract audits, we shall take a look at the first 2 types of clauses – Parties and Purpose. Parties When reviewing the “Parties” item on the contract review checklist, […]

Patrick Lim Partner at Raj, Ong & Yudistra In the previous volumes of this series of articles, we took a macro look at legal contract audits, such as benefits, risks, overall strategy, and examples. In this volume, we start looking at the contracts themselves. The goal is for you to be able to carry out

Patrick Lim Partner at Raj, Ong & Yudistra Up to this point in this series on legal contract audits, we have covered things to consider when carrying out audits, the steps involved, the risk in the absence thereof, and personal liabilities that the management of a company may be exposed to. Failing to conduct regular

Patrick Lim Partner at Raj, Ong & Yudistra As part of the second volume of this series on legal contract audits, we are taking the time to explore what are the personal risks incumbent on the management of companies who may not have sufficient controls, such as regular contract audits, in place. In some cases,

Patrick Lim Partner at Raj, Ong & Yudistra The recent parts of this volume of articles have identified the main risks one is faced with when there is a lack of governance and controls such as carrying out regular legal contract audits. In this article, we will explore a few other risks and problems that

Patrick Lim Partner at Raj, Ong & Yudistra In our last article, we explored some examples of challenges that companies have faced where there is lack effective corporate governance, of which legal audits are a significant part of. Here we explore whether not having controls such as legal contract audits in place can lead to

Patrick Lim Partner at Raj, Ong & Yudistra Failing to conduct regular contract audits can expose a company to a variety of risks, as outlined in our previous article. These risks can include non-compliance with laws and regulations, disputes over the terms of contracts, inefficiency or ineffectiveness in contracting, and the risk of litigation. In

Patrick Lim Partner at Raj, Ong & Yudistra In the last volume of this series, we explored the benefits of carrying out legal contract audits as well as the steps of carry one out. In this article, we take some time to look at the risks for not carrying out such audits. There are several

Damian Kiethan Partner at Raj, Ong & Yudistra Losing your job due to poor performance is a bitter pill to swallow. We all like to be recognised for the work we do; and the effort that we have put in our work.  But, before you drown your sorrows in teh tarik (or Whisky, preferably Single

Damien Kiethan Partner at Raj, Ong & Yudistra Background: Abba’s Money, Money, Money: Money, money, money Must be funny In the rich man’s world  Money, money, money Always sunny In the rich man’s world Aha All the things I could do If I had a little money It’s a rich man’s world On 6.6.2023, the

Melody Tham Cheng Yee Legal Associate at Raj, Ong & Yudistra In the world of renting, disputes between landlords and tenants can sometimes escalate to unexpected levels.  Landlords: “Tenant is not paying. I want him to get out. If not, I’ll change the locks and cut electricity!” Tenants: “My landlord is threatening me to move

Patrick Lim Partner at Raj, Ong & Yudistra In this article, we will be breaking down the last step of carrying out legal contract audits. This is the last of the 6 steps that we have been discussing in this series. Here is a more detailed breakdown of the final step in the process of