Management and Organization
Your business is going to have dozens or hundreds of contracts. How do you organize and track those? What are the terms? When do you need to review them? When you’re selling the business or seeking investment, are they all going to be in one place for easy sharing? We’ll work with you to answer those questions.
Negotiation and Review
Boilerplate clauses almost never fulfill the purpose of a contract. We negotiate and review your contracts on clarity and accuracy to reflect our goals.
Drafting and Creation
Whether you need Operating Agreements, Bylaws, Buy-Sell Agreements, Shareholder Agreements, Debt Agreements or Terms of Service you will be in good hands at Spera Law Group.
How does a contract work?
A contract is a legally binding document between two or more parties recognizing rights and duties between the parties. Most contracts contain certain standard clauses, but don’t forget that there is plenty of room for negotiation. In fact, negotiation is one of the most important parts of creating a contract that is beneficial to both parties, and our team at Spera Law is ready to help you achieve that goal.
Can you help me get out of a bad contract?
Unfortunately, once you’ve signed a contract, it’s a done deal. However, our attorneys are adept at finding the best ways to improve any complicated business situation, and we will work with you to find an amicable solution.
For our team, the name of the game is prevention. Most contract issues can be avoided by merely consulting on the front end. That’s why we work so hard to help our clients draft contracts that will put them on the path to success.
What types of contracts do you work with?
Typically, our attorneys work with businesses dealing with the following types of contracts:
- Employment contracts
- Confidentiality agreements
- Service contracts
- Website Terms of Use Agreement
- Stock Purchase Agreements
- Leases
- Loan agreements
- Software licenses
- Company documents
- Intellectual property, advertising and creative contracts
- Employment contracts
- Confidentiality agreements
- Service contracts
- Website Terms of Use Agreement
- Stock Purchase Agreements
- Leases
- Loan agreements
- Software licenses
- Company documents
- Intellectual property, advertising and creative contracts
How often should I review business contracts?
Contracts need to stay living, breathing documents, even when written by an attorney. Documents helping you today may not be the documents your business needs tomorrow.
- Non-disclosure and confidentiality agreements are typically written fairly generically, so you don’t need to review those as often unless you’re dealing with specific changes.
- Employment agreements, website agreements, and software licenses, on the other hand, need to be regularly reviewed to be kept up-to-date. We recommend reviewing these contracts yearly or every two years (or more frequently if changes or issues occur).
- Leases and loan agreements must be reviewed before they are renewed or if any issues arise.
- Other generic company documents should be reviewed every few years. In the case that you are adding, removing, or having disputes with business partners or your company is facing financial issues, you’ll want to review more frequently.
What happens when a breach of contract occurs?
Most of the time in breach of contract cases, the parties entered in an agreement wishing to see it fulfilled. So what do you do if the other party breaches the contract?
First, we will help you notify the other party, express concern, and request immediate attention to upholding the contract. Negotiations, or possibly even mediation or arbitration, may be called for, and our team at Spera Law is experienced in these fields and ready to move forward in these cases. Our goal is to help you move forward through this dispute and towards a successful resolution.
”“I had a fantastic experience with Spera Law! I needed a contract developed on a tight time frame and the Spera team was just fabulous --making sure the deadline was met, answering all of my questions, and even following up with me right before the deadline (after they had submitted the final product to me) to make sure I had everything I needed. Professionalism, speed, kindness and efficacy! Exactly what you would want in your legal support. I'm VERY happy with my experience, the final product is stellar, and I hope to be a client for a very long time!”
Jess Rimington
Schedule your consultation with Spera Law today
Whether you have yet to begin drafting a contract or have already signed with the other parties, our team of attorneys at Spera Law is here to review your agreements and ensure they protect your business and business interests. Schedule your free consultation with us today so that we can prepare your business for whatever you may face.
