How to Make the Pen Mightier than the Sword?
07.07.2010 — Analysis “RusBusinessNews” keeps on studying subtleties of the international contracting process. Anna Kraeva, General Director of the Hedman Partners Attorneys-at-Law Office in Ekaterinburg, together with Vadim Dynin, Head of the Agency, is analyzing Russian and foreign practice. – Anna, it is no secret that “European” contract forms even look different as compared to “Russian” standard forms. How can it be explained? – The first thing that catches the eye is the size of the contract: Russian contracts longer than 3-5 pages are rare, but in Europe 20 pages are standard. Note that the subject matter of the contract and corresponding rights and obligations of the parties are outlined on the same 2-4 pages. The rest of the contract is taken by some general legal principles and regulations for contracting parties. Foreign lawyers point out that working on contracts they give equal attention to law matters and business matters. In Russia, contracts are more focused on matters
