How To Protect Yourself And Your Business From Liability
Contracts are an essential part of many businesses, no matter the entity’s size. When it comes to running your business wisely, having solid contracts in place should be at the top of your list. Contracts are legal agreements that can help protect you and your business from future legal problems - IF they are written properly.
Sometimes you have to cut business costs in creative ways. With a variety of online contract clauses and samples, it may be tempting to use bits and pieces you find on the internet or even copy one from a friend. But before you do, think about what’s at stake. Your business. Your livelihood.
Set your business up for success by protecting it and yourself from unnecessary liabilities, ambiguities, and pitfalls. Knowing what needs to be in your unique business’s agreements is not google’s strong suit. That’s where an experienced contract Attorney comes in handy. Every word in a contract is important. From the difference between using “may”, “must”, “should”, and “shall”, to the confusing legalese you gloss over. It’s important to get it right the first time to avoid future problems.
Business owners are experts at their business. They shouldn’t have to be experts at reading and drafting legal contracts for their business. The time and frustration saved from hiring the right experts will allow you to focus on doing what you do best.
Whether you need someone to review an existing contract or need a new contract drafted, an experienced contract attorney should be your go-to expert. Businesses, sole proprietors, and nonprofits big or small may benefit from contracts such as an Independent Contractor Agreement, Employment Agreement, Waiver of Liability, Non-Disclosure & Confidentiality Agreement, or Company Policy Agreement. Within every contract are both boilerplate and specific clauses. Boilerplate clauses are the standard ones you may find in most contracts such as assignment, venue, force majeure, and others. The main clauses that vary depending on the type of contract and details regarding what is being contracted for may include a non-compete clause, confidentiality clause, intellectual property clause, payment clause or many others. Ensuring your contracts have the proper sections and wording is crucial to protecting your business’s interests.
Whether you’re a sole proprietor, LLC, Corporation, independent contractor, or employee, Palm Legal is ready to consult with you and help with your contract reviewing, editing, drafting, managing, and negotiating needs.