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Contract Lawyers in Dallas-Fort Worth
Comprehensive Contract Services in Texas & the U.S.
All contracts should be designed to eliminate future disagreements between business partners. Most people understand that a contract should define the duties that each party to the contract has, but quite often, people do not realize that a contract should also regulate other matters.
A business contract should address:
- How the parties will fight about disagreements
- Where a suit on the contract should be filed
- Whether binding arbitration should be part of the process
At Norred Law, we help businesses draft and implement contracts that will protect their rights and prevent problems well into the future. Before you find a generic contract online, seek assistance from our Dallas Fort Worth business attorneys who can help you create customized contracts.
Random contracts you find on the internet may be useless to you and could even be the most expensive document you ever use. A contract that does not contain the necessary clauses, that does not follow state law, or that contains clauses you don’t want can be the difference between a successful business and closing your doors.
In contract disputes, Texas courts tend to want to find a contract – and oral contracts are perfectly enforceable, subject to several important exceptions.
Some of these exceptions include:
- Contracts concerning real property
- Contracts requiring more than one year to fulfill
- Contracts in which you are going to be responsible for someone else’s debts
Non-Disclosure & Non-Compete Agreements
When creating non-disclosure and non-compete agreements, the terms must be reasonable. For example, an agreement saying that you can never act as a real estate agent in Texas after you leave a real estate office is probably unenforceable. However, an agreement that you can’t open a shop across the street for at least six months probably will be. This is a continually evolving area of law and drafting these documents yourself is a bad idea. Paying $20 to some generic document generation service or copying a random contract found on the Internet is not a good idea either. If you intend to generate real income, there is no substitute for talking to an attorney who wants to earn your permanent business by helping you get started right. Seek the help of our Dallas-Fort Worth business attorneys who can appropriately implement your goals into these important documents.
Licensing of Intellectual Property
Licensing of intellectual property – which could include a patent, a song, a book, a trademark, or even some technical know-how not generally understood – is a major place where failing to correctly draft a document can be catastrophic. The biggest mistakes that we see day in and day out are contracts that are never put on paper or are modified by the behavior of the parties to the contract and never quite officially changed. This is a recipe for financial disaster and unending lawsuits.
Protect yourself in business transactions by seeking the knowledge and experience of a Dallas-Fort Worth business lawyer at Norred Law. Our team is prepared to help you draft contracts and documents that will set you up for success and protect your business for years to come.
If you need assistance with a contract, call us at (817) 500-9433 today.
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