Contract drafting
Sign with confidence.
A contract is the foundation of every business relationship. A well-drafted contract protects you if something goes wrong. A bad contract can cost more than the deal itself. Whether it's a contract with a business partner, a supplier, or a client, it's worth protecting yourself before you sign.
Frequently Asked Questions
Not for everyone. You can handle simple transactions on your own. But the higher the value or complexity of what you're signing, the greater the risk of a bad contract. A lawyer isn't a cost—it's insurance.
A good contract, as much as possible, follows the parties' agreement: everything you've agreed on verbally should be clearly written down. For certain types of contracts, the law prescribes mandatory content that must be included. A lawyer can be of great help because, from experience, they know which provisions to include and where things can go wrong before they do.
It depends on what's in the contract, but the most common first step is a written warning. If they don't respond, depending on the situation, the contract is terminated or legal action follows: a lawsuit, enforcement, or arbitration. The sooner you respond, the better.
It depends on the type of contract and the reason for termination. The first step is to check what you've stipulated in the contract itself. In addition, there are statutory grounds that allow termination. Every situation is different, and it's worth seeking advice.
A good contract clearly defines who, what, when, and how. The provisions on payment, deadlines, and what happens if something goes wrong are especially important. The most expensive contract is the one that has to be interpreted in court.
Never begin a collaboration without a written contract, no matter how well you know the person. Before doing so, a lawyer can vet the business partner and advise on whether it even makes sense to enter into the collaboration. Good contracts preserve good business relationships.