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Contract Attorney – Contract Drafting Basics

February 7th, 2020Contract Drafting lawyer

Contract attorneys are lawyers helping business owners navigate legal risks through drafting or review of agreements and contracts. A good solid contract and policy is the foundation of all businesses. When you have a contract lawyer draft and review your contracts and policies, you radically increase your chances of success and remove thousands of potential drawbacks. Most business lawsuits and bankruptcies boil down to badly drafted or verbal agreements or lack of certain clauses in the company policies, often based on free downloads or homemade efforts.

Contract Drafting Basics

At Law Office of Rahul Dev, our contract lawyers know hundreds of clauses for use in drafting your custom business contracts and policies. As your contract lawyer, let us win your battles before they are fought. We are recognized for our affordable and prompt business services in areas such as following.

Contract Types

(a) Share Subscription and Shareholders’ Agreements for a potential shareholder, also known as a subscriber, to make payment of funds to a company in an agreed number of “tranches”, and in return the Company issues and allows a certain number of shares at a certain price, such that the subscriber becomes a shareholder.

(b) Assignment Deeds for Intellectual Property for transferring intellectual property to another individual or corporation.

(c) Licensing Agreements for Intellectual Property where one can retain ownership of the patent, copyright, or trademark, but can give another party permission to use some or all of the intellectual property rights for a precise amount of time for a fee or royalty.

(d) Service Agreements for defining agreements, the scope of work and payment terms between customers and service providers.

(e) Advertising Agreements between the person or company where the advertising will be hosted, and the person or company that is going to be placing the ad.

(f) End-User License Agreement – EULA is a crucial document relating to intellectual property rights associated with the software and the computer program for Software as a Service or SaaS products.

(g) Software Development Agreements is a contract where a developer company or person agrees to develop a software application for another party.

(h) Project Development/Completion/Amendment/Termination Agreements are drafted when either the project is assigned to a party for development or when it is completed or needs amendment or has to be terminated due to certain reasons.

(i) Settlement Agreements are a resolution between disputing parties about a legal case, reached either before or after court action begins.

(j) Arbitration Agreements is a written contract in which two or more parties agree to settle a dispute outside of court through arbitration.

(k) Partnership Agreements are written documents that explicitly detail the relationship between business partners and their individual responsibilities, liabilities, and rights.

(l) Non-Compete and Non-Disclosure Agreements are both legal instruments that are regarded as restrictive covenants that limit what a person can say or do under certain scenarios.

(m) Policy Agreements are the Privacy Policies and Terms of Use a company can disclaim before any usage from a consumer.

Contract Drafting lawyer

Always have a contract lawyer review your contracts and policies. If the other party drafts a contract for you to sign, always have a contract lawyer review the contract for you first. You will be astonished to know how many clauses and presumptions work against you. You must level the playing field and iron out these unfair and unreasonable clauses before you sign. In the long haul, the savings are incredible if you are represented by your own contract lawyer and perform a contract review on every contract before you sign it. We encourage you to learn more about our quick, affordable services for a contract attorney.

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