Knoxville Contract Drafting Attorney
Contracts form the foundation of most business enterprises. Without contracts, your company would have to depend on the generosity of strangers to follow through on their promises. With a contract, by contrast, you gain legal rights in the event the other side breaches, which entitle you to a remedy in court.
Some business executives see a Knoxville contract drafting attorney as solely an added expense which their business cannot afford. We get it. But at Atkins Brezina, PLLC, we add value to any enterprise by protecting your rights when you enter a contractual relationship. A well drafted contract is the best way to protect your bottom line and avoid costly litigation.
Types of Contracts We Draft
We can draft, revise, or review any type of contract, including those related to:
- Employment agreements
- Partnership agreements
- Shareholder agreements
- Memoranda of understanding
- Operating agreements
- Real estate leases
- Intellectual property leases
- Software agreements
- Sales/Purchase agreements
- Nondisclosure agreements
- Franchise agreements
- Non-solicitation and non-compete agreements
- Severance agreements
Often, the business you are contracting with has a form contract they use for all transactions. However, the terms might not be favorable, and you should still have legal counsel carefully review the agreement to ensure that it protects you.
The Dangers of Using Business Contract Templates
The internet is awash with contract templates which some executives might be attempted to use to save money. Unfortunately, these fill-in-the-blank documents rarely provide the protection of a carefully drafted contract.
For example, the contract might have been drafted for a different state. Each state has its own contract law, and some terms in a template might be illegal or ineffective in Tennessee.
A contract also should protect your business by considering possible contingencies which make fulfilling the contract impossible. These contingency agreements will then lay out each side’s rights in the event of a breach. Not all industries are the same, and your contracts should reflect the realities of your industry.
Templates and other boilerplate agreements might also contain confusing or conflicting terms. Any vagueness in a contract could be fatal and result in a loss of rights or the contract being construed by a judge in a way that is detrimental to your business.
Properly Drafted Contracts Can Avoid Litigation
The costs spent hiring a Knoxville contract drafting attorney are dwarfed by how much a business will spend fighting out a dispute in court. Litigation also exposes your business to possible loss of trade secrets and loss of reputation—all of which can be avoided by using only professionally-drafted contracts which leave no ambiguity as to each sides’ rights and responsibilities.
At Atkins Brezina, PLLC, we appreciate the economic pressures businesses face. However, faulty contracts weaken the foundation of any company. More than one company has had to reorganize or liquidate following a contract dispute, and we can help minimize disruptions by drafting contracts the right way.
Knoxville Contract Drafting Lawyer
A Knoxville contract drafting attorney in our firm will gladly meet to discuss your contract drafting needs or review any contract you are considering signing. Call Atkins Brezina, PLLC today to get started.