When a business contract involves a large sum of money, or presents a significant risk to your company’s bottom line, it is imperative that you get a skilled contracts attorney to draft, review, and negotiate your business agreement.
At our firm, we will review your agreement to ensure it is valid, enforceable, and specifically tailored to suit your business needs. We will show you the legal risks your business may be exposed to if the contract is broken, and how you can lessen or avoid them. If you want, we can even “be your voice” to aggressively negotiate the terms of your business agreement to ensure you are protected in the event of a breach.
Read on to learn more about the benefits of using our contract attorneys to draft and negotiate your business agreements.
Negotiating Legal Terms
Always remember, there is no such thing as a “standard contract.” You often have more leverage than you think, so your contracts should be drafted accordingly. Your contract’s terms should meet YOUR business needs, not the other sides. Our contract attorneys can carefully review and negotiate your business contracts to identify potential issues related to risks regarding contract performance, breach of contract, and the available remedies in the event of a breach.
Specifics, specifics, specifics
At our firm, we’ve handled thousands of transactions, and so we can help you spot problems (beyond “price” and “quantity”) that you may have overlooked. For instance, terms can be written into your agreement that specifically address WHEN the contract will be completed, HOW the work is to be performed, or WHAT materials will be used. Our contract attorneys can draft and negotiate other legal clauses into your contract to compel performance such as “time is of the essence” to make sure performance is rendered in a timely manner.
Breach of Contract
Our attorneys can also draft and negotiate specific terms into your contract to protect you and your business in the event of a breach, i.e., what happens if one side doesn’t keep up their end of the bargain. You and your counterparty should both be clear about what happens to a non-performing party if they fail to honor your contract. Incorporating legal, enforceable terms within your contract that encourage performance are critically important to the success of your transaction.
As experienced contract lawyers, we are trained to anticipate the “what-could-go-wrong” with your transaction, and incorporate reasonable, practical, and enforceable remedies into your business agreement in case of a breach. For instance, a well-written liquidated damages clause may be appropriate to compensate your business for damages likely to stem from a breach of your contract by the other side.
The Law Office of Brandon Woodward P.A. is eternally grateful that you have visited our web site or read our blog. The materials and information contained here are provided for informational purposes only and are not to be considered as legal advice. For questions about business contracts or any other legal issues facing your business, please a message us at firstname.lastname@example.org and we’ll give you a totally FREE consultation.