This happens a lot.
Business owners try to save a few bucks by not hiring an attorney and they assume if they read a book or learn from their past mistakes then all will be fine.
Sometimes it is. Sometimes drafting your own contracts leads to zero problems.
I would encourage you to remember that your business is an investment of your time, money, and energy. I’m not saying you can’t learn to write short contracts. But, don’t confuse the ability to write with the ability to interpret law.
Laws are always changing. Not only do you need to be aware of laws that benefit you, but also the laws that could potentially hinder you.
I get it. Being frugal with a business is important. I employ the same concepts for my company. I’ve been strapped for cash so I know how tempting it may be to cut corners. However, being frugal also means that you know when to invest money now to save money later. If you slip up and make a huge mistake on a contract, the financial implications could be devastating and even debilitating.
Situations like this are exactly why I created my company,I know that legal services are expensive, so I sought a way to bridge the gap between cost and quality. Check out our website to learn more about how you can connect with our marketplace of affordable contract attorneys.