The midfielder, who was the SPL's player of the month for March, is out of contract in the summer after spending the past two campaigns at Fir Park.
He is aware of the importance of his next contract and does not want to jump into a decision as Motherwell try to clinch second spot in the SPL.
"My next deal taking me from age 24 to until around 27 or 28 might well be the most important one," said Law in the Daily Record.
"That's why I'm not rushing into it and I'll see these five games out then speak to the manager."
Rangers have been linked with a move for Law and the former Sheffield United youngster has reiterated he would consider a switch to the Scottish Third Division champions.
He added: "They'd be another option I would consider at the end of the season, as I would anybody. I'll consider any offers on equal merit."