Legal update - unsigned contracts: invisible ink

contract-pen

Letters of intent have become accepted business practice while the finer details of contracts are worked out — but a recent court case has highlighted the pitfalls, reports Russell Behn.

Not all contracts have to be signed for them to be legally binding. Parties often enter into a 'letter of intent' to enable work to commence before perfecting the terms of a contract between them.

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60 Seconds With... Foil’s Pete Allchorne

Pete Allchorne, partner at DAC Beachcroft and president of the Forum of Insurance Lawyers, would like to be “Doctorin’ the Tardis”, finds ironing therapeutic, and can be found dancing to “Uptown Funk” by Mark Ronson and Bruno Mars.

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