Whether you’re a businessperson or an entrepreneur, you may need various contracts (or agreements) to help support your business. We handle business-to-business contracts, employment contracts, real estate contracts, and others while assisting you with your transaction from start to finish. A proper contract protects your business and sets out expectations for you and the other party to the agreement. Whether you are expanding your business, starting a new business, or making agreements as part of your daily business, our law firm is prepared to help protect your interests. We are prepared to review existing contracts or negotiate and write new contracts to assist your success.
So, what is a contract? A contract is written evidence of an agreement creating obligations enforceable by law. The basic elements of a contract are mutual agreement, consideration, capacity, and legality. Possible remedies for breach of contract include general damages, consequential damages, reliance damages, and specific performance.
What happens with a breach of contract? If one party to a contract does not live up to its side of the bargain? The other party can sue for damages that resulted from the breach. This damage is not necessarily physical. They can also include profits lost on sales that fell through and time wasted waiting for deliveries that did not arrive as promised. A breach of contract is a fairly common occurrence in the world of business, and it happens for various reasons.
Another option we offer our business clients, when available, is to submit their contract dispute to mediation, arbitration, or other alternative dispute resolution procedure. Often a confidential, inexpensive, and agreeable resolution can be reached, allowing the parties to continue transacting business with each other on favorable terms.
Over the past 20 years, we have assisted numerous clients with their business contracts and negotiations while saving them both time and money by helping avoid unexpected problems.