In our previous blog post, we examined some reasons why you should always have a contract lawyer review a contract before you sign it. However, there are more reasons than we could cover in a single article. In this month’s article, we are going to continue our look at why it is crucial to have an attorney review any legal documents before you sign them.
A contract lawyer from Feniger, Uliasz & Stacey will ensure you understand everything before you sign anything. Here are five more reasons to use our services.
Protect Your Interests
Both parties signing a contract have their own interests. Sometimes, these interests align, and sometimes, they conflict. An attorney will review the language of your contract to ensure your interests are protected. Protecting your interests can range from ensuring there are exit provisions to including language that protects your assets.
Compliance with Industry Standards
In most industries, contracts must adhere to specific standards or regulations. An attorney who is familiar with the relevant field can ensure that the contract complies with those standards. If a contract does not comply with the industry standards, it may be invalid. Rather than risk a contract being rendered null and void, play it safe and have an attorney review it first.
Clarity in Termination or Exit Provisions
Many contracts include terms for termination, penalties for breaking the agreement, or consequences for non-performance. A lawyer will help ensure these provisions are fair and applicable to both parties. They will also ensure that you fully understand your rights if you need to terminate or modify the contract.
Avoid Unforeseen Liabilities
If a contract includes hidden clauses or terms that could expose you to liability, an attorney can help spot and address them before they become a serious issue. For example, a seemingly harmless clause could contain language that obligates you to pay significant damages or incur legal costs.
Peace of Mind
Finally, having an attorney review a contract before signing can give you peace of mind. You’ll know that you’ve taken steps to protect your interests and have a clear understanding of the agreement.
NH Contract Lawyer | Feniger, Uliasz & Stacey
Our team at Feniger, Uliasz & Stacey will work with you to ensure that any contract you enter into is fair and beneficial. Whether contracts are a regular part of your business or you are signing one for the first time, our team will ensure you understand everything before you sign.