Frequently asked questions

Contract Management refers to the process of overseeing and administering contracts throughout their lifecycle, from creation to execution and renewal. It involves tasks such as drafting, reviewing, negotiating, and managing contracts to ensure compliance, mitigate risks, and maximise value.

Effective contract management is crucial for businesses as it helps establish clear terms and obligations, minimises legal and financial risks, ensures compliance with regulations, improves operational efficiency, strengthens business relationships, and optimises the value and outcomes of contracts.

Lugh Advisory offers comprehensive contract management services, including contract drafting, review, and negotiation. We leverage our expertise and industry knowledge to optimise contract terms, protect your interests, and streamline your contract processes.

We are happy to advise our clients on how best to manage existing contracts on an ongoing basis and the best processes to put in place, but managing ongoing compliance etc. is not part of our core business. If you require such services, please contact us.

Yes, we provide assistance with both supplier and customer contracts. Our experienced team can support you in drafting, reviewing, and negotiating contracts with your suppliers and customers, ensuring fairness, clarity, and alignment with your business objectives.

For any small/medium businesses in Ireland or the UK who have specific commercial contracting needs but who don’t want the expense of hiring a large law firm. We are experts in contracts and commercial negotiation and you are paying for those specific skills – a more commercial-minded and industry-focused expertise.

Lugh Advisory stands out by combining deep industry knowledge, extensive commercial experience, and a client-centric approach. We deal specifically with commercial contracts, and are commercially focused. We will advise on a risk vs reward basis, and based on our practical, commercial expertise, rather than black and white legal principles. Our specialised expertise, dedication to cost-effective solutions, and utilisation of cutting-edge technologies enable us to deliver exceptional value and superior contract management services.

We prioritise the confidentiality and security of client information. We adhere to strict data protection protocols, maintain secure systems and infrastructure, and restrict access to authorised personnel only. Confidentiality agreements and robust data protection measures are integral to our operations. Before taking on any business, will do a conflicts check to ensure we are in a position to act for you. Please contact us with any specific concerns you may have.

We utilise advanced technologies and tools, including contract management software, document automation, and artificial intelligence (AI) capabilities. These technologies enhance efficiency, streamline processes, and improve accuracy in contract drafting, review, and management.

Contact us for a full quotation based on your specific needs. We can work on a fixed or variable basis, based on your company’s individual needs and the complexity of the work involved.

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