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Suzanne Townley

News Editor, Solicitors Journal

Uptick in contracts advice

60 Seconds
Uptick in contracts advice


Economic pressue means businesses are scrutinising contracts closely

London law firm Wildcat Law has said it is increasingly being approached about contract breach and interpretation of break clauses, which demonstrates growing distress in the economy. Tahina Akther, barrister and co-founder said this was “a clear sign” companies are struggling. She added: "We have also seen the number of legal challenges regarding so called penalty clauses increasing in an attempt to save money… companies that are feeling the strain often need to resort to litigation to protect their income or reduce their expenditure”.