How To Use Business Contracts Effectively
All business owners and those who engage in business practices must write and agree to contracts on a daily basis. Since contract law is at the heart of most business dealings, it is one of the most important areas of legal concern because it can involve infinite variations and complexities.
It is essential for any businessperson to consult with a contract attorney to ensure their interests are protected. Lerman Law Associates, P.C., can help. From our offices in Alpharetta and Kennesaw, we represent businesses throughout greater Atlanta.
What Defines A Contract?
A contract is an agreement between two or more parties. A valid contract can take on different forms: oral, written, express or implied. The basic elements of a contract are offer, acceptance, promise to perform and consideration.
At Lerman Law Associates, P.C., we draft and prepare client contracts that protect clients’ business interests for the duration of their contractual agreements.
An Attorney To Address Your Complex Business Needs
Attorney Craig Lerman has a master’s degree in business administration. He knows that the more time you take to draft and review your business contracts, the less likely you are to have a legal dispute in the future.
Lerman Law Associates, P.C., will draft, prepare and review various types of contracts, including:
Sales Contracts
Sales contracts are agreements that define the terms and conditions under which goods or services are sold from a seller to a buyer. They account for factors such as the sale price, delivery expectations and terms of payment. These contracts are essential for both parties to understand their obligations while minimizing potential risks.
Employee Contracts
Employee contracts are legally binding agreements between an employer and an employee that outline the terms of employment. These contracts can outline the job duties, salary, benefits and conditions of a position. Proper contracts ensure that everyone is on the same page regarding what is expected of the employer and the employee.
Nondisclosure/Noncompete Agreements
Nondisclosure agreements (NDAs) are designed to protect a company’s confidential information by preventing employees or partners from sharing sensitive data with others. A noncompete agreement keeps an individual from participating in certain business activities, usually ones that conflict with their employer’s goals. The details of this agreement usually specify a certain area and time frame in which the specified actions are prohibited.
Service Contracts
Service contracts outline the terms and conditions under which one party agrees to provide services to another. These contracts outline the scope of work, any compensation, performance requirements and deadlines that need to be met. By specifying this information, both parties can protect themselves in the agreement.
Professional Contracts
Professional contracts are specialized agreements for professionals such as lawyers, doctors or architects detailing the services to be rendered. These contracts often include details related to fees, responsibilities and the duration of the professional relationship. Most professionals see these contracts as an essential tool for defining the expected parameters of the agreement.
Consulting Agreements
Consulting agreements are contracts between a consultant and a client outlining the consulting services to be provided. With a proper consulting agreement, you can specify what is expected from the consultant’s services, how and when the client will pay them, and the duration of the arrangement. With a proper document, both parties can have confidence in their agreement.
Franchise Agreements
Franchise agreements are contracts between a franchisor and a franchisee, granting the franchisee the right to operate a business under the franchisor’s brand and system. These agreements detail the terms of the franchise relationship, including fees, operational guidelines and marketing requirements.
Our contract attorneys have the knowledge and expertise to assist you with all of your professional contractual needs. Before you sign any business contract or agreement, consult with a business attorney to ensure that your interests are protected for the duration of the contract. We regularly provide representation throughout Fulton and Cobb counties.
How To Contact Lerman Law Associates, P.C.
Our business contract attorneys prioritize building long-term relationships with clients in the greater metro Atlanta area. For a free initial consultation, contact us online or call 678-888-5773 to speak with someone in one of our offices in Alpharetta or Kennesaw. We provide virtual meeting options for those who would prefer not to travel to our office locations.