Procurement contract drafting requires a delicate balance between legal expertise and practicality. While involving lawyers brings valuable legal knowledge and risk mitigation, it is important to consider the potential drawbacks such as cost implications, time-consuming processes, and the need for collaboration with procurement professionals. By striking the right balance, organizations can create procurement contracts that protect their interests while being aligned with their strategic goals and operational realities.

We think drafting procurement contracts should be a joint exercise.

What do you think? Who should draft procurement contracts?

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