Contract Review and Approval Policy | Practical Law
A policy on requesting in-house counsel to review or prepare a contract and obtaining the organization's internal approval of the contract. It addresses the types of contracts requiring legal review, exemptions from legal review, the process for requesting legal review, and the requirements for internal approval and execution. It also sets out general responsibilities for authorized employees when reviewing, approving, or executing a contract for the organization. This Standard Document is intended to be used by private employers with their nonunionized workforce. This Standard Document has integrated notes with important explanations and drafting tips.