Template · Legal

Legal: Templates

Four working templates: the contract delta review, the obligation register, the risk acceptance and the regulatory applicability decision.

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1. Contract delta review#

One per inbound document. The reviewer reads this, not the contract.

FieldEntry
Document and counterparty
Value and term
Deltas from our standard, ranked[The negotiation lives here]
Liability cap[Amount, or UNCAPPED, which is never accepted silently]
Indemnities given[And what they would cost if called]
Termination rights[Ours, theirs, notice period]
Auto-renewal[Yes or no. If yes, diarised 90 days ahead at signature]
Data processing[Present, absent, or blocking if personal data is involved]
Governing law[And whether enforcement there is realistic]
What is absent[The most valuable row. An absence reads as agreement]
Reviewer[A qualified person. The extraction is not the review]
Recommendation

2. Obligation register#

Completed at signature, not later. One row per thing we now have to do.

ObligationSource clauseOwnerFrequencyNext dueEvidence kept
[A name][Once / monthly / on event][Where]

Most contractual failures are unassigned obligations, not disputed interpretations. A register with an owner against every row removes the whole category.

3. Risk acceptance#

FieldEntry
Risk[Specifically. "Some liability exposure" is not a risk statement]
Worst realistic cost[A number, even a rough one]
Why we are accepting it
Alternatives considered
Accepted by[Someone with authority to carry it, and not the person who wants the deal]
Date
Expires[A date. Without one, this is a permanent decision nobody admitted making]

4. Regulatory applicability decision#

One per regulation considered. Recorded whichever way it lands.

FieldEntry
Regulation[With the primary source linked, not a summary]
In force from
Does it apply to us?[Yes / No / Partly]
Reasoning[Recorded either way. A no without reasoning gets reopened every quarter]
If yes, what must change[Concrete and testable]
Owner
Deadline
Reviewed by[A qualified person, reading the source]
Date checked[Regulatory positions decay. This row is how we know when to look again]

Using these together#

The charter sets out what Legal owns, the SOPs say when each is produced, the KPIs define what the obligation register feeds, and the workflows name who receives each output. A delta review with a blank "what is absent" row has not been done.

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