Top Three Reasons to Review Your Business’s Contracts with an Attorney
Contracts are essential to any business. Whether you use them for transactions with customers, contractors or employees, it is important that your contracts are legally sound and say what you mean for them to say.
Some businesses take a DIY approach to their contracts, drafting them independently or using online forms. Unfortunately, this can have unforeseen consequences. Contract mistakes can lead to misunderstandings that result in lawsuits. That’s why today’s blog post will explore three reasons you should always review your business’s contracts with an attorney.
Omissions
Sometimes business owners who draft their own contracts make the honest mistake of forgetting something important. Whether it’s a non-compete clause, a deadline, a force majeure clause, or something else, the omission can be a big deal. An attorney can help you make sure nothing important is left out. Remember, details are vital to the enforceability of your contracts!
Ambiguity
Business law attorneys have the training and experience to make sure the wording in your contracts addresses the terms of the contract with clarity.. It is important that what you mean is what’s conveyed in the language of the contract. Any ambiguity in your contracts can lead to miscommunication and misunderstanding. Ambiguity hinders clarity, and can result in litigation. The purpose of a written contract is to make sure all parties are on the same page and know their expectations and the result of failing to meet expectations.
State laws
One downfall of online form contracts is that they may not comply with your state’s specific laws. What constitutes a perfectly fine contract in New York or California might not work well in Minnesota. That’s why you need to work with an attorney who is familiar with Minnesota laws and how it impacts the way courts will consider your contract if a breach occurs.
At Grabitske Law, we can help Minnesota businesses review their contracts. If you’re not working with an attorney to create or review your contracts, the time to start is now. Grabitske Law can help. Our team is committed to helping you get the contract you need for your situation. If you’re ready to get started, we invite you to contact us today. We can’t wait to hear from you!