What Is Business Law?
Do you need assistance with your contract?
A contract is a legally binding agreement made between two or more individuals.
The law protects all rights within a contract from the moment all parties sign it. The only exception is if a contract is deemed unlawful or contains serious inaccuracies.
Any party who does not follow promises made in a contract can be held liable.
A contract lawyer is necessary to make sure the contract is lawful and to make sure all parties signing the contract understand the details.
What Does a Contract Lawyer Do?
A contract lawyer serves two main purposes:
The first is drafting contracts and other legally binding documents.
The second is reviewing contracts that have already been drawn up – in some cases, by a different lawyer.
Contract law can be confusing and complicated.
Furthermore, the wording and formatting of legally binding documents tend to be perplexing to anyone who doesn’t fluently speak legal jargon. The purpose of a contract lawyer is to make creating – or signing – a contract a little less bewildering.
The first thing a contract lawyer does is draft a contract. This involves tailoring the legal document to fit your specific wants and needs.
It is not uncommon for certain words or phrases in a legal document to be taken the wrong way.
A business contract lawyer will go through the contract and clarify anything that might be questionable to either parties.
Hiring a contract lawyer to ensure you have a well-drafted contract is beneficial for the following reasons:
It will prevent disputes. A well-written contract with everything clearly established is going to make it harder for either party to dispute the contract. Ideally, the contract should satisfy both party’s wants and needs.
It will define the relationship you and other parties have. When everything is said and done, your contract should leave no grey area when it comes to the relationship you have with the other parties.
It will comply with the law. Having your contract drafted by a business lawyer is the easiest way to make sure you are legally covered when both parties sign the contract.
At our Law Firm, we take great pride in drafting and tailoring a contract that is in the best interest of both you and the other parties signing the contract. The contract will be easy to understand and prevent all burdensome legal issues.
A business lawyer can help you from the very beginning of your business, the formation, throughout the years as you grow and succeed. A business lawyer is knowledgeable and experienced and knows how to make sure you are protected and compliant every step of the way.
You already have a contract drafted because you used a contract outline you pulled from the internet and did it yourself – great.
It is still in your best interest to have a lawyer review the contract before you – or the other party – signs it.
Chances are, you did a pretty good job outlining the details of the agreement you and other parties are making to call for the contract in the first place.
You, however, do not look at a contract with the same perspective as a professional contract review lawyer. Law firms such as Mollaei Law are going to look at everything that could possibly go wrong and make sure that is included in the contract. A lawyer will also check for any loopholes the other party could use against you.
Some important items to check before a contract is signed include:
The contract accurately reflects your understandings of the terms of the contract. The benefits and risks of entering the contract - analysis of whether the benefits of entering the contract is worth the risks associated with the contract You are made aware of your responsibilities under the contract and the obligations of each parties are adequately explained and noted. Parties are accurately identified Correct date is stated, and if needed, a correct end date is noted. Hiring a lawyer to review a contract is about protecting yourself.
Obviously, you created the contract because you want legal protection. It is worth taking the actual step to make sure the legal document fully protects you and doesn’t leave anything out.
Should I Have a Lawyer Review My Contract Before Signing?
Ideally, it is always a good idea to have a lawyer read over any legally binding document before you sign it.
The last thing anyone wants to do is find out they unintentionally agreed to something because they didn’t understand the contract. An attorney can guarantee the contract is in your best interest.
Regardless of what type of contract you are getting ready to sign, contact us at 1-800-564-2707 before you sign any legal document or contract.
This way a contract review lawyer can read the contract over and make sure it is your best interest. If necessary, the lawyer can request revisions to the contract before you sign on the dotted line.
Get a contract attorney on your side now - call 1-800-564-2707. lawyer small business
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