Our thoughts and experience

Getting paid – Debt Prevention 101 (Pt 2)

Patrick Lim Partner at Raj, Ong & Yudistra Income is the precursor to profits. Profits in turn are the lifeline and catalyst to the growth of a business. Without income, survival and growth is almost impossible. Throughout our practice, we have seen a common thread of things that would have

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How do I make sure I get paid – Debt prevention 101

Patrick Lim Partner at Raj, Ong & Yudistra Debt collection. Some will say it is the bread and butter of quite a few litigation law firms. It is also the one component of running a business that could be the difference between sustainability and total ruin. Sounds dire. In line

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Legal Audits (Vol 3, Pt 6) – Disputes and Law

Patrick Lim Partner at Raj, Ong & Yudistra Today we look at the last two focus clauses when reviewing legal contracts – dispute resolution and governing law clauses. It goes without saying that while we have discussed the types of clauses to focus on during a legal contract audit, there

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Legal Audits (Vol 3, Pt 4)

Patrick Lim Partner at Raj, Ong & Yudistra Thus far in this third volume of articles for our Legal Audits series, we have looked at 4 types of clauses that should be included during any contract review or audit. In this article, we take a look at two other types

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Legal Audits (Vol 3, Pt 2) – Parties & Purpose

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

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Legal Audits (Vol 3, Pt 1) – Clauses

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

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Legal Audits (Vol 2, Pt 6) – Ranking

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

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Legal Audits (Vol 2, Pt 5) – Personal Liability

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,

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Legal Audits (Vol 2, Pt 4) – Other Risks

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

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