Wood Edwards LLP is a contract dispute law firm in Dallas. We offer efficiency, flexibility & extraordinary personal service.
Since contracts form the basis of most business dealings, they also are at the heart of most business disputes.
Unfortunately, it is not uncommon for a business or individual to back out of contractual obligations, leaving the other side at risk of suffering extreme financial losses and damages.
Our contract attorneys have over 30 years of combined experience representing companies and individuals in breach of contract lawsuits.
Our lawyers gained their experience at some of the largest and most prestigious law firms in the world, and can help you by reviewing your contract and determining what rights, defenses, and remedies you may have.
Five Reasons Why It’s Essential to Get Guidance from a Contract Lawyer
If you or your business is about to sign an important agreement in Texas, you should be represented by an experienced Dallas contract law attorney.
Contracts are complicated and critical documents. A few missed words, sloppy phrasing, or a misconstrued term tucked deep within the deal could potentially cost you a lot of money.
While it may cost you a little more upfront, you can’t afford not to hire a contract lawyer. By having a lawyer by your side to negotiate and review your agreement, you may be able to save yourself time, money, and some major legal headaches.
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1. You Need the Best Possible Contract Terms
Negotiating and drafting a contract is a complicated process. Far too many individuals and businesses end up signing agreements that contain unfavorable terms. A relatively minor clause tucked into your employment agreement or business contract could loom large in the future.
You need to know exactly what you are signing. You should work with a contract lawyer who fully understands your goals and your desires. Your lawyer will be able to make sure that all of the contract terms truly reflect your best interests.
2. Your Lawyer Will Help You Build and Preserve Long-Term Business Relationships
When parties enter into a contract, whether as an employer, an employee, or a business, they are doing so in an effort to work together towards a mutual goal. Contracts are not inherently adversarial. A good deal can create a win-win situation, where both parties can get tremendous value from the agreement.
A contract attorney can help you negotiate and craft an agreement that will keep all parties happy, so that you can build and preserve a strong commercial relationship.
3. A Well-Drafted Contract Will Reduce the Possibility of a Costly Dispute
No one signs an agreement with the intention of ending up in a breach of contract dispute. A legal dispute is a burden on all parties. Lawsuits cost time and money.
One of the biggest benefits of working with a Dallas contract attorney is that your attorney can help you structure and draft an agreement with clear terms. When all parties are on the same page, the odds of a dispute will be drastically reduced.
4. Your Contract Attorney Will Ensure that Your Agreement is Well-Drafted and Fully Enforceable
A contract is nothing more than a piece of paper if you cannot actually enforce the terms in a court of law. Unfortunately, many individuals and businesses have been stunned to find out that they will not be able to enforce the terms of their agreement.
Sloppy drafting could cost you major financial pain in the future. To be legally enforceable, your contract must be properly drafted.
5. Your Contract Lawyer Will Protect and Preserve Your Legal Rights
Even if you have the perfect contract in place, the other party may still breach the contract. If you were the victim of a contract breach, it is imperative that you know how to protect and preserve your legal rights and financial interests.
Filing a breach of contract claim (or defending a breach of contract lawsuit) is challenging. If you are considering taking legal action, or if you are facing legal action from the other party, you should consult with a contract lawyer as soon as possible.