Author Archives: Prakhar Rai

A force majeure clause is the part of a contract that excuses one or both parties from performing their obligations when something genuinely outside their control makes performance impossible, illegal, or impractical. The phrase is French for “superior force.” In plain terms, it is the clause that answers the question: what happens if neither of […]

Building a SaaS company in the United States involves a long list of priorities. Product, pricing, customer acquisition, infrastructure, hiring. Legal documents usually sit somewhere near the bottom of that list, treated as something to deal with later, once there is revenue, once there are real customers, once there is funding. The problem is that […]

Here is a situation that plays out in startup due diligence rooms more often than anyone in the industry likes to admit. A founder has spent two years building a product. They raised a pre-seed round, grew to fifteen thousand users, got introduced to a Series A investor who liked what they saw, and spent […]

Most founders are good at many things. Building product, selling to customers, recruiting a team, managing cash. Contract negotiation is usually not on that list, and for a very understandable reason: you learn it by doing it badly first. The problem is that the cost of learning contract negotiation through bad deals is not a […]

You did the work. You delivered everything you promised. You sent the invoice. And now the client has gone quiet, or worse, they have come back with a reason why they are not going to pay. This situation happens to freelancers, consultants, agencies, contractors, and small businesses every single day. It is one of the […]

If you opened this page because you run a gym, a boutique fitness studio, a recovery lounge, a med spa, or any kind of wellness business in the United States, you already know that the legal side of this industry has gotten significantly more complicated in the last few years. Membership contracts, injury liability, health […]

There is a moment most startup founders recognise. A contract arrives from a customer, an investor, or a supplier. It is forty pages long. You are busy. The other side wants it signed this week. You scan the commercial terms, see that the price and the deliverables look right, and decide that the rest is […]

At a Glance An indemnity clause is a contract provision where one party agrees to cover specific losses, damages, legal costs, or liabilities suffered by the other party if certain events occur. These clauses are commonly used in commercial, SaaS, employment, and technology agreements to allocate financial risk between the parties. Depending on how the […]

Why a Contract Is the Most Important Document Your Business Will Sign A business contract is a legally enforceable agreement that fixes, in writing, what each party must do, what they are owed, who owns what, and what happens when something goes wrong. For a startup or growing company, it is rarely the contract you […]

Clawback Clauses Explained: The Contract Term That Can Force You to Return Money Most people assume that once money is in their account, it is theirs. A clawback clause says otherwise. It is one of the least understood provisions in commercial and employment contracts, and one of the most financially consequential when it gets triggered. […]