WHAT IS Contract Negotiation, Drafting and Review?
Many people avoid business negotiations at all costs, trying to prevent the uncomfortable discussions of obligations and costs for services. It’s easy to assume that quick agreements will save you time and money. Unfortunately, this is not the case, and small oversights can quickly turn into lengthy legal disputes. For this reason, contract negotiation, drafting, and review by an experienced legal professional can save you time and money.
Contracts and business agreements are relevant to all industries. Where there’s a payment and a service, there’s a contract. Contracts are also not limited to written agreements. Many individuals enter into verbal contracts, without even realizing their binding nature. To protect yourself and your establishment, it’s necessary to do the legwork upfront before entering into any agreements.
In business law, negotiations are often necessary to establish partnerships and agreements between companies. Knowing what to ask for, when to ask for it, and how to keep the ball in your court and quickly resolve disputes, are all advantages that an experienced lawyer can provide. Lawyers can help you find competitive alternatives that increase negotiation flexibility, and also bring the right questions to the negotiations table.
At Pihl Law Corporation, we have extensive experience in contract negotiations, drafting, and reviews. We can help you put together the information you need, and also advocate on your behalf in disputes and negotiations. We build contracts that are fair and enforceable, promoting smooth partnerships and business agreements.
Contact us to book a consultation on contract negotiation.