Business Contracts: Why Legal Help is Recommended

Along with conventional business contracts, there are numerous ways to come to an agreement that some may consider binding, and it has been that way ever since humans began communicating and cutting deals. For some, ‘shaking’ on it may be enough, along with a verbal commitment that all parties involved agree on. Others may just assume that everyone knows what is expected of them without any formal agreement at all.

Nothing compares to ‘having it in writing’ if a legal dispute should arise though. A thorough business contract highlighting all the main points of how goods and services will be delivered for an ongoing business relationship (like with a vendor) or a finite project (perhaps with an independent contractor) protects you not only if you must go to court, but also if there is a question between the parties about what was initially decided on. Referring to your contract and discussing any discrepancies may be all that is needed to have an error fixed or end a budding dispute quickly.

Different generic templates can be used to create a range of contracts, but with the help of a skilled business attorney like Shane Coons, you can look forward to an airtight document that gives everyone peace of mind afterward. And if you are just founding a new company, having a good working relationship with an attorney is to your benefit (and that of your company) as you begin creating the structure of your company. Beyond that may come many different contracts that need to be written, such as:

Vendor agreements
Business partnership contracts
Employee contracts (non-disclosure, confidentiality, and more)
Independent contractor agreements
Intellectual property agreements
Real estate purchase or sales contracts
New business acquisitions paperwork

Your business attorney will be able to recommend how you should tailor a contract for each type of project or agreement, outlining all the specifics along with main details like what is being traded for payment, when products and services are to be delivered, any pertinent beginning and end dates, amounts to be paid and when, and that all-important dispute resolution clause. On the flip side, if you are involved in business dealings where the other party has created a contract and asked you to sign it, have your business attorney review it first.

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Business Contracts: Why Legal Help is Recommended

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