In a sue happy world, the demand
for contract attorneys continues to thrive. Many times you need a cup of
coffee, magnification glasses, and a lounge chair to read the novellas that are
modern day contracts.
While many of these legal
documents may seem to go a tad overboard, it still holds true that it is better
to be safe than sorry. Does your business need to hire a contract lawyer?
Contracts come in many lengths and
with many purposes. When you are starting a small business, you will need to
complete some or all of the following contracts:
· Fictitious Name License
·
Waiver of Notice
·
Corporate Resolution
·
Limited Liability Company Worksheet
·
Letter of Intent
·
Simple Employment Agreement
·
Copyright Assignment Agreement
·
Vendor Contracts
·
Promissory Notes
Is that a long enough list
sampling? That doesn’t even include specific industries. For example, those in
the transportation industry will have trucking contracts, service industries
will have a human resources contract, commercial real estate owners will add
janitorial and gardener contracts, etc. The difficult part is that no two
contracts are the same or should be. Of course it would be cost effective and easier
to find a pre-fab contract online, sub in your company’s name, and print it
out, but every company is unique and every situation has its own nuances. One
size does not fit all when it comes to businesses and their legal coverage.
So what will a contract
lawyer do for you? He or she can draft legal
documents such as contracts, settlements, agreements or review ones
that are presented to you from a contractor you wish to hire. They can carry
out legal research on a particular issue of law that you need to be informed on
or prepare annual reports. If you are creating an employee
handbook, they can review or suggest modifications.
While most of these lawyers work
on a temporary basis, having access to a good one is a great asset to your
company. Let’s face it: contracts will keep coming up. Do you really want to
sign a legally binding agreement that you don’t completely understand?
