Contracts are a fundamental element of any business. A contract can do many things. It can memorialize a business relationship. It can protect your businesses’ rights. It can provide you with legal options.
Contracts Control Much Of Your Business
A Contract is a bargained-for exchange that contains an offer, acceptance, and consideration (money or value). The degree and specificity of each contract varies with the purpose of the contract, and a contract can be a few, brief lines, or a page, for a simple transaction, to hundreds of pages for very complex transactions between sophisticated parties.
The key to using contracts in your business is in the details. James Law Firm, P.L.L.C., can help you draft a business contract, perform a review of your basic contract documents, and assist you when negotiating complex transactions between sophisticated entities.
While some businesses may view aspects of contracts as distractions with so many legal minutiae, the details of contracts matter. Not only do they define the benefits of your bargain, but they often define your remedies when difficulties are encountered. Missing or ambiguous terms in a contract can lead to litigation, while a well-drafted contract can help your business avoid litigation. Often the best contract is the well-drafted contract that is never looked at again!
Our attorney at James Law Firm, P.L.LC. can represent your business in contracts for the purchase and sale of goods, the purchase and sale of real estate, the lease of commercial real estate, nondisclosure and confidentiality agreements, noncompete agreements, the purchase and sale of a business and many other contracts. Our firm often represents businesses in the acquisition or sale of a business involving hotels, manufacturing plants, and office buildings. We also represent individuals in the purchase of land and rental properties and the lending of money for land and properties.
Some of the contracts we draft and review include the following:
- Asset Purchase Agreements for the purchase of a company’s business and assets
- Stock Purchase Agreements to acquire an entire corporation
- Buy-Sell Agreements for the purchase of an owner’s ownership interest, due to death, divorce, deadlock, and disability (the “4-D’s) or at another buyout
- Purchase, sale, and lease of real estate assets
- Employment and incentive compensation agreements and Covenants-Not-to-Compete
Long-Term Benefits To Your Business
Another benefit for developing a long-term relationship with a lawyer is that the lawyer learns about your business and goals. A lawyer can advise you in a holistic fashion, working to ensure your contracts are drafted with those goals in mind. Should problems appear, a business lawyer’s deep knowledge of your business means he can quickly assess the situation and work to resolve the issues as rapidly as possible.
Contact Our Firm
Contracts form the superstructure for much that goes on in a business. Have our experienced business attorney work with you on your next transaction or for help with any of your contractual documents. Contact our Texas office in The Woodlands at 832-764-7885 or use our online form.