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Why Hire a Lawyer to Draft Your Business Contract?
It can be tempting for a busy small business owner to turn to a form agreement or use a template found online to draft an agreement. However, the work and expertise of an attorney involve using a unique knowledge of commercial dealings, business law, and your own company’s needs to craft an agreement tailored to stand up in court and protect your business. This can save you money by establishing provisions that are legally and financially beneficial and negotiating a deal that is in your best interests–whether that is for a commercial real estate lease, investment, acquisition, vendor agreement, or anything in between. You can also save time by doing it once and doing it right. An experienced Fort Lauderdale, FL business contract attorney can draft and negotiate a contract that serves your business’s best interests.
Negotiation Skills
Drafting an agreement typically involves negotiating it. This generally entails some back and forth with all relevant parties. Negotiation is both an art and a skill, and an experienced and proven attorney can negotiate a deal for the best-case scenario that you can legally receive while preserving and even strengthening the business relationship.
Money Savings
A poorly written agreement or one that does not protect your interests opens the door to more disputes and litigation, which can get expensive. For example, a common problem with form contracts is the fact that they include vague terms that do not fully define the parties’ obligations. This can lead to misunderstandings. Conversely, when a skilled attorney negotiates and drafts your agreement, he is likely to get you better deal terms that can save you money. Your attorney will also ensure that you steer clear of unfair terms that cost you money.
Enforceability
In some cases, parties may enter into a contract that gives them more or different rights than the federal, state, or local law provides. However, if you use a form contract, it might accidentally include provisions that are not enforceable. Without the use of an attorney, it can be difficult to know whether a given section is legally sound. For example, a contract that violates public policy will not be enforceable in Florida. Likewise, a non-compete provision or agreement that is overly broad will not be enforceable in the state either, so if you have put it into your agreement thinking it will protect you, you may be in for a surprise.
Call a Broward County, FL Business Contracts Attorney
Whether you are embarking on a business venture, making a business deal, or you require any other sort of business contract, an experienced Fort Lauderdale, FL business contracts attorney is here to draft and negotiate agreements to safeguard your legal rights. At The Elliot Legal Group, P.A., we represent local and international businesses with all their business law needs. Call our offices at 754-332-2101 to schedule a consultation today.