Contracts

Contracts in Business

Contracts are central to running any business. Making sure there is certainty as to what has been contractually agreed is vital to running a business well.

You should always understand the contract you are entering before you enter it and we believe that rather than sorting through a contractual mess after the event that every business should have their contracts organised and kept to right from the start. This includes documents like Shareholder agreements for internal contracts through to employment issues. 

We can help you by reviewing and drafting the contracts that you need to make sure you are running your business well and with a certainty as to what you are doing and what your client has agreed to.

Depending on the circumstances, quite probably. A contract does not necessarily to be signed to come into force. A contract requires four parts:

  1. An offer
  2. The clear acceptance of that offer
  3. This can be the exchange of something of value such as goods, services or money.
  4. Finally there must be the intent to create legal relations.

Contracts are important because they serve as legally binding agreements that outline the terms and conditions of a business arrangement between two parties. They provide clarity and certainty regarding expectations, responsibilities, and obligations, reducing the risk of misunderstandings or disputes between parties. By defining the scope of work, timelines, payment terms, and other critical aspects, contracts help establish trust and facilitate smoother business interactions.

Contracts in business act as safeguards for businesses by clearly defining rights, obligations, and remedies in case of breach or disagreement. Contracts provide legal recourse in the event of disputes, ensuring that parties have a framework to resolve conflicts amicably or through legal channels. Additionally, business contracts help mitigate risks by specifying conditions for termination, liability limitations, and confidentiality, thus protecting sensitive information and proprietary assets.

The Importance of Client Contracts for Businesses

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We live and work locally and our reputation is paramount to our continued success. We take as a matter of pride our ability to retain clients.

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We have legal experience in a breadth of matters, but we also have something few lawyers have: a depth of business, commercial and life experience that allows us to provide practical legal advice and solutions that suit your needs.

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Our team consists of Solicitors, although capable in most areas of law they are specialists in their chosen fields.

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It is our aim to provide a legal service that is affordable and our business is set to do just that. We will advise as to the likely cost of any matter and because of our more personalised approach we are able to provide an efficient and tailored service to each client without the additional costs of many larger or traditionally setup lawyers.