Cleveland Contract Review Attorneys

Preparing Effective Contracts for Businesses throughout the Cleveland Area

No matter what type of company you run, you will enter into some type of contract, likely on a regular basis. Businesses rely on contracts to set the terms of services provided, sales, payment, employment, and much more. It is essential to ensure that all contracts are enforceable and that there are no unfavorable terms. 

Contracts involve complex legal language that can be confusing for anyone without legal education and training. If you sign a contract that you do not understand or that goes against your interests, it can have a major impact on your company. You want to make sure that every contract is either carefully reviewed or drafted by a lawyer you can trust. Contact Niekamp Weisensell Mutersbaugh & Mastrantonio, LLP, to speak with our Cleveland contract review attorneys today. 

Common Business Contracts

There are many types of contracts that can be involved in the course of business. Each one can have serious consequences if it is not properly drafted and/or reviewed by a legal professional. The following are some common contracts that we regularly review:

• Partnership and operating agreements
• Shareholder agreements
• Buy and sell agreements
• Commercial lease agreements
• Vendor agreements
• Employment contracts
• Non-compete agreements
• Non-disclosure agreements
• Severance agreements

Breach of any type of contract can lead to losses, and it is important to ensure you have the proper right to seek relief for a breach. If another party accuses your company of breaching a contract, it can result in significant liability. Having the right contract in place can often reduce the risk of disputes arising from the contract, and can also protect your rights in the event of a dispute. 

Common Business Contract Problems

In order to be enforceable, a contract must meet several requirements under the law. There are many issues that might exist with contracts, including:

• Unclear terms – All terms of a contract should be unambiguous and should clearly identify the parties and their respective rights and obligations. Ambiguous terms can be interpreted in ways that are harmful to your company, or they might be struck down altogether.
• Boilerplate language – It can be tempting to use the same contract over and over for similar transactions. However, each contract should be specifically tailored to the situation at hand. Boilerplate language can result in terms that do not protect your interests under your specific circumstances. 
• Capacity – Business contracts are generally signed by an authorized agent for the company. However, some contracts might be binding even though an individual did not have the legal capacity and authority to act on behalf of the company. 

Prevent these common issues and others by ensuring someone from our firm reviews or drafts your agreements.

Consult with Our Experienced Cleveland Contract Review Attorneys Today

Every contract is important, no matter how seemingly small it might be. This is because contracts can lead to disputes that can be costly for everyone involved. The Cleveland contract review attorneys at Niekamp Weisensell Mutersbaugh & Mastrantonio, LLP, can help, so please contact us directly.