By: Andrew Neiman
“I often work with clients who have entered into bad contracts. Perhaps they relied on a form contract online or made a deal over a handshake without writing down its terms. Maybe in their excitement over the transaction, they did not fully understand its terms. Conducting business without entering into a contract of some form is nearly impossible. A bad contract either does not help a party to achieve its intended result or, worse, leads to litigation.
In a recent 2023 survey of corporate counsel in large and small businesses, 54% experienced litigation matters involving contracts in the past 12 months. Contract litigation is a cost of doing business. As an attorney, I work with clients to navigate the complexities of contractual disputes and devise innovative strategies to obtain strong outcomes. The following are proactive steps that business owners can take to address this risk.”
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