Contracts serve as the backbone of countless legal and business transactions. Whether it’s a simple agreement between individuals or a complex commercial contract between organizations, reviewing contracts carefully before signing is crucial. Contract review ensures that the terms and conditions are fair, accurate, and aligned with your best interests. In this article, we delve into the reasons why contract review is essential and the potential risks of neglecting this critical step. The Importance of Contract Review and the Risks of Neglecting this Critical Step 1. Avoiding Ambiguities and Misinterpretations Contracts are often intricate documents containing technical language and legal jargon….