A business contract lawyer can provide valuable advice and guidance for your business contracts.
Contracts are a normal part of day-to-day operations for many companies. However, commercial contracts can also expose you or your business to legal or financial liability. A business contract lawyer can provide valuable advice and guidance for your business contracts. Business contract attorneys can help you review, draft, or negotiate legal agreements. If a client or colleague presents you with an offer, consider running it by a business contract attorney. Legal agreements can be complex, and the best business contract lawyers can ensure your rights are protected. Business contracts are often written using formal, technical language that can be hard to understand. Sometimes, people sign a contract without fully understanding it entirely. However, it’s critical to familiarize yourself with all terms of a business contract, as non-performance or breach of the agreement can land you and your business in court.
Business contract lawyers have the specialized knowledge and skills necessary to clearly interpret complex contractual language, so it’s always a good idea to consult an attorney before you sign on the dotted line. There are many different types of legal contracts. Some commercial contracts, including sales agreements and buy-sell agreements, set up the exchange of goods or assets. Other contracts, like independent contractor agreements and affiliate agreements, create a framework for an important working relationship. Our contract lawyers have extensive experience drafting and interpreting various forms of legal agreements. If you or your business need help creating or formalizing a business contract, find out how LawTrades can help.
Sales Agreement Lawyers
A sales agreement (also known a sales contract and a sales of goods contract) lets both parties know what to expect during the sale of goods or services. It helps parties better understand the details of the agreement, while minimizing the chances of a dispute later on.
Trade secrets and intellectual property can be the most valuable assets for a company. Therefore, it’s worth drafting a strong agreement to protect them. A non-disclosure agreement (NDA) does just that.
A license allows the creator (called a licensor) of the intellectual property (IP) to profit from the invention or creative work by charging the user (referred to as a licensee) for the use of the property.
While it’s common for businesses to hire independent contractors for temporary or sporadic projects, the repercussions for incorrectly classifying a worker as an independent contractor are numerous and substantial.
A subscription agreement, or purchase agreement, is when a business promises to sell a number of shares to an investor at a certain price in exchange for an agreement by the investor to pay that price.
Affiliate agreements are a binding agreement between a website or blog owner and their affiliates. Your affiliate agreement should specify what both parties are responsible for, how payouts will work, and the commission for conversions, if any.
The best time to receive legal advice is before any contract is signed. Any new legal document has the potential to substantially impact your finances, time, and responsibilities if you don't conduct a proper contract review.
Specific requirements vary slightly by jurisdiction, but in general to form a contract there must be an offer, acceptance, and something of value (“consideration”) in the exchange. These requirements are quite basic, and people can accidentally commit themselves to a binding legal contract through informal email exchanges, text messages, or even scribblings on bar napkins. A legally binding contract can expose you and your business to legal and financial liability, so care should be taken when forming legal contracts.
Do I still need an attorney if I use one of the free legal document templates available online?
Yes. Free legal templates available online are well-drafted and easy to use. However, they must also be customized to your specific circumstances, as well as the laws that apply in your jurisdiction. While free legal templates are a great place to start, consult with an attorney before executing any legal document.
What contracts do I need for my business?
Businesses need commercial contracts to reduce the likelihood of disputes, ensure proper payment from customers, and establish formal professional relationships with employees and affiliates. The exact type and nature of the contracts that you’ll need for your business depends on what products or services you’re providing. Before starting your business, consider consulting with a business attorney to see what commercial contracts you need. When it comes time to draft agreements that you’ll use for your business, having an attorney advising you about language and content can make all the difference.
Do I really need a contract lawyer?
Most likely. Contract law has developed through hundreds of years of case law, and the rules that apply to legal agreements are very specific. The best business lawyers understand the legal agreements necessary to run a business, and they can be very helpful when you’re developing agreements that affect your business. If you or your business is involved in litigation, regulatory review, or the negotiation of complex transactions, consulting a business contract lawyer is advisable.
I was very comfortable with the environment it was my first meeting and I knew it was on the right track I did understand my lawyer I was listening I did absorb the information given to me. COMUNICATION ON POINT.