July 14, 2021
Hope you are well. I recently started working with a law firm and I have been trying to figure out learning how contract drafting and transactional law work. While Indian law schools teach you what a share is and what the duties of directors under the Companies Act are we are never taught about why you should care about the assignability of your client’s contract with suppliers. I am recommending two books which have been helpful in understanding how investment transaction documents are drafted and why they are what they are. These books are:
Working with Contracts, by Charles M Fox.
If your first interaction with SHAs and Diligencing is happening for the first time, this book tells you what your job is and what to look for in most documents.
Venture Deals - be smarter than your lawyer and venture capitalist, by Brad Feld and Jason Mendelson
A good primer on term sheets, negotiation, and most things in VC, this book helped me understand some economic terms and concepts a lawyer must know.
Looking forward to writing to you soon.
PS: This is not supposed to be high funda gyan. For a noob lawyer like me, these books helped make sense of what we are never taught in college. I hope it adds value to you too.