CONTRACTS
Whether you are an individual, a business, or a professional service firm, you need a lawyer who can negotiate and interpret contracts and other agreements. We live in a world where everything gets litigation. It is wise and important that contracts are properly written. Legal contracts include wording and formatting that must be very specific and correct to be considered legally binding.
A contract is simply a binding promise based upon an offer, acceptance, and consideration. When you enter into a business contract, you agree to fulfill certain obligations (such as providing services or prompt payment). If you or the other party do not meet the terms of the contract, you are in breach and may subsequently be liable for damages. Ideally, a contract is a written document that is thoroughly negotiated by a business lawyer and defines each party’s responsibilities. However, contracts may also be created orally or by a handshake agreement. A contract is considered legal only if both or all parties enter into it voluntarily and free from any duress.
WHAT IS A CONTRACT?
HERE ARE FOUR REASONS HOW YOU CAN SAVE MONEY BY HIRING A LAWYER:
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A contract written or reviewed by a lawyer is easier to enforce in court.
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A contract written or reviewed by an attorney will be complete.
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An attorney can help you get better contract terms, saving you money.
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An attorney knows which standard contracts your business needs.