One of the most frustrating experiences for attorneys is for a client to
make an appointment to review a contract that has already been signed.
Sometimes the contract was signed only one week before the attorney had
the opportunity to review it. Other times, the client is being threatened
with a suit or needs to get out from under the contract and wants to know
It costs considerably more money to hire an attorney to untangle a person
from an unwanted contract than it would have to hire him before the document
was signed. Often, litigation becomes necessary. This usually costs several
thousands of dollars and the outcome may still be unfavorable to the client.
Contracts are written for two primary reasons. One is to state all the
terms of the oral agreement. The other is to anticipate all the things
that could go wrong and place a party in the best possible position should
something wrong happen.
This means that if you leave the drafting of the contract to others, the
odds are the contract will favor the other side.
You should consult with a lawyer at an early stage in contract negotiations.
Express your concerns and the basic terms of your contract. Have the attorney
negotiate the terms for you.
Afterward, you may be able to file the contract away and give it little
thought. But you will have the peace of mind in knowing that should a
problem arise, the contract may be in your favor.