When starting your own business, many people look for ways they can minimize costs. While this is important in many areas, it is crucial to not cut costs in areas that may cost you more down the road. One way it pays to have an experienced lawyer, is when drafting a contract.
Although you may know a lot about your business and a lot about the situation at hand, you may think drafting a contract on your own is no big deal. Often this can be a bad move, costing you more down the line. Since any agreement will be governed by the “four corners of the contract,” it is vital that a contract be specific to this individual arrangement and accurately reflects the agreement between the two parties. Such generic contracts can often be downloaded from the internet, but may put your business at jeopardy.
For example, even a simple contract between two people can go wrong very quickly. If one person doesn’t perform as agreed or deliver what was promised, there may be little recourse in a generic contract. Unfortunately, if it isn’t outlined a contract, it may be completely unenforceable. All agreements must be in that contract in order to protect your interests.
Having an experienced business lawyer draft a contract that is well written and not ambiguous helps set the expectations for both parties. When expectations are clearly outline, disputes can be avoided.
When you call Burkhalter & Burkhalter to create a contract for you, you can rest assured important points will not be overlooked. We will make sure you leave with a strong contract, protecting your rights and your business and avoiding possible litigation for ambiguity down the line.
Call our office today for your free consultation. We will make sure your contracts do not leave you open to issues.