The Importance of Contract Reviews
The Importance of Contract Reviews -Have you ever been surprised by a contract term after you have signed?
I have regularly seen founders and business owners surprised by the terms of contracts already signed and entered into.
For example, I recently helped a startup who had signed a contract where it did not have the ability to terminate that it needed. We resolved the situation with the opposing party, but it took more time and effort and cost more than if the contract had been reviewed and properly negotiated before the parties had entered into the deal.
As a founder or business owner, it is important to get your contracts reviewed up front to avoid agreeing to non-standard terms and unexpected legal and business risks that an attorney would be able to identify for you and help you address.
Watch the following video to find out more: https://www.youtube.com/watch?v=fo5AL6OEO7c
Videos and content educational only, not legal advice.