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Business LAw

Conroe Business Law Attorneys & Spring Business Attorneys of Smith & Garg

Drafting of Contracts

Business law is complex. Contract law, a component of business law, is also very complex. A poorly written contract can cause severe legal headaches in the future. The attorneys at Smith and Garg are experienced in all areas of business law including contract drafting. Contracts need to be drafted by people with legal experience and understanding.

Contracts cannot leave gray areas. They need to be clear and concise. Contracts must spell out what is expected of all the parties entering the contract. Contracts must take into consideration the reality of the situation as it presently is as well as cover foreseeable possible situations. For example, which party would be responsible in the event of a natural disaster? Who will be responsible if one of the parties becomes mentally incapacitated due to illness or death? The last thing a business needs to deal with is a tragedy compounded with unanswered questions.

Another facet of contract law connected to contract drafting is contract interpreting. We all know to never sign something without reading it but when the average person reads a contract, do they comprehend it or just read the words? If you are about to enter into a contract, you owe it to yourself to have the contract reviewed by a lawyer who is looking out for your interests. Is the contract within the realm of common practices? Does the contract place unreasonable expectations on either party? Is the contract unfair? Are there gaps in dictating responsibilities or reasonably foreseeable problems that are not covered? If you sign a contract that you do not understand or one that is poorly written, you may be setting yourself up to face a breach of contract dispute later on.

With contract law, the old adage "an ounce of prevention is worth a pound of cure" holds true. You shouldn't be expected to sign something that dooms the business venture and you shouldn't try to draft something so complicated yourself. Focus on your work and your business and leave the legal aspects in the hands of the experienced attorneys at Smith and Garg.

Please contact our office to see how we can assist you. Learn more about our Areas of Practice.