Business Contracts

The Foundation of a Successful Business

Contracts serve as the foundation for a strong business. Because a contract is more than just a legal document, it is a binding commitment and reflection of a business’ core values. One of the biggest causes of business disputes is poorly drafted contracts, or a lack of a contract all together. As a result, it is monumentally important to have a clear understanding of all business contracts you sign or implement for your own business.

The purpose of a business contract is to memorialize the terms and conditions, rights, and obligations which govern your company’s relationship with another party (employees, clients, vendors, suppliers, customers, etc.). It is critical that your business contracts be carefully and clearly drafted so there is no room for misinterpretation. TCLG drafts and analyzes each contract with excruciating attention to detail and a keen eye towards mitigating risks, because we have seen what could go wrong and know how to protect against it.

Types of Contracts

Every contract is unique to the business using it, but there are several types of contracts that are common in business practice. Here are some examples of the kinds of contracts TCLG has drafted or reviewed for our clients:

• Confidentiality & NDAs
• Purchase & Supply Agreements
• Client Service Agreements
• Joint Venture & Strategic Alliance Agreements
• Manufacturing, Distribution & Licensing Agreements
• Business Structure & Governance Agreements
• Employment Agreements

You may not know what kind of agreement your company needs, and that’s okay! TCLG can assess your business’ specific circumstances and goals to determine the best contract for your situation and assist through all phases of the process, from formulating the purpose of the contract, to drafting and revising, to negotiating, all the way through execution and even amendments. Contact us for help reviewing, negotiating, or drafting or to discuss your company’s contractual needs.