Results 1 to 10 of 34

Hybrid View

  1. Collapse Details
    Hire a lawyer to look at contracts?
    Should you always hire a lawyer to look over business contracts before signing?

    This might be contracts you write up for your employees or maybe contracts between partners. It could even be contracts with vendors and suppliers. Just how important is it to have a professional look over them before signing them all?


    Share on facebook


    Reply With Quote
     

  2. Collapse Details
    If the lawyer is willing to take your case, ask about charges for services. You will receive a contract referred to as a legal services agreement, that the lawyer should explain to you. Carefully read and understand the document before you sign it. At that point or before services are rendered, you will also be asked to pay a retainer or deposit.


    Share on facebook


    Reply With Quote
     

  3. Collapse Details
    If you can understand the terms and conditions clearly and there aren't any vague provisions, you should be okay but if it is a bulky contract with lots of provisions that you aren't sure about better hire a lawyer to take a look at it.


    Share on facebook


    Reply With Quote
     

  4. Collapse Details
    Yes, absolutely you should. Considering that the cost for such a review is relatively minor compared to a big legal headache down the road. Anything beyond the most basic forms, I have an attorney look over.


    Share on facebook


    "The business of America is business."—Calvin Coolidge
    Reply With Quote
     

  5. Collapse Details
    It really depends on the size and type of business, who you are signing these contracts with etc. I personally would very rarely consult a lawyer, but in some situations it would be better to be safe than sorry. (for example, if you have a big contract with a foreign supplier you've never worked with before)


    Share on facebook


    Reply With Quote
     

  6. Collapse Details
    #6
    Join Date
    Mar 2014
    Location
    Cornerstown
    Posts
    17
    Lawyer's services are costly, not to discourage you or anything, but if you can understand the contract on your own or if its contents are easily understandable, as fredkawig suggests, you could probably work on it on your own. For certain work-related contracts, both parties (the employer and employee or business A and business B) are normally given up to 72 hours to read and understand the provisions of the legal document before signing it. Whether you choose to take it to a legal expert for further review is up to you. This happened at my previous job-- I was given a few days' training and around 2-3 days to read the contract before signing it in the presence of HR personnel.

    I guess hiring a lawyer also depends on the nature of the business or legalities involved in the business. If I recall correctly, some contracts require notarization by a lawyer. Other contracts, like those made for larger deals involving a lot of people or assets are often delivered by a lawyer or signed in the presence of lawyer. If you find yourself in such an arrangement, you'll need to bring legal experts with you.


    Share on facebook


    Reply With Quote
     

  7. Collapse Details
    Well, businesses are into a really competitive world therefore they strictly need to keep a check on their legal issues and even the security issues. They must hire a reputed and reliable lawyer and a security firm to make sure that their business functions properly! Thanks!!


    Share on facebook


    Reply With Quote
     

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •