Leesburg Business Agreements
Leesburg businesses form contracts every week of the year. These business agreements are so central to your company’s wellbeing that any business would profit from meeting with an attorney before signing on the dotted line. Contracts provide for various rights in the event of a breach, and they can be written in such a way that you lose out on valuable remedies.
For assistance, please contact a Leesburg business agreement attorney at Simms Showers today. Whether you are negotiating and drafting an agreement or reviewing one before signing, we can help.
Business Agreements for Your Leesburg Company
Our team can help with all aspects of forming business agreements, including negotiating, drafting, revision, or review. We can assist with the following:
- Operating agreements
- Shareholder agreements
- Partnership agreements
- Employment contracts
- Non-competition clauses
- Software agreements
- Nondisclosure agreements
- Severance agreements
- Sales/purchase agreements
- Commercial real estate leases
- Franchise agreements
You might have been using the same form contract for years. Now is the time to carefully review the terms to make sure that it comports with the law. The Commonwealth of Virginia regularly adopts business regulations which can impact agreements. For example, a recent law has outlawed non-compete clauses for certain “low wage” workers, so you would want to remove them from your agreements.
Protect Your Company with the Right Contract
When one side doesn’t uphold its end of a bargain, a lawsuit is imminent. The words of the contract will likely determine the outcome of any litigation, so ensuring that your contract is airtight when you sign it should be a key goal. Although we realize all companies want to save money, the reality is that a shoddy contract can imperil your company financially. The sensible step is to hire a Leesburg business agreements attorney to handle all your contracting needs.
There are many provisions and contingencies we can use in a contract to protect your business. Choice of law provisions let you decide which state’s law will apply to any contract dispute—a key consideration when you form agreements with out-of-state entities. Arbitration or mediation agreements can also ensure your case is heard in a private forum, away from the eyes of competitors and the press. And liquidated damages provisions can ensure you receive fair compensation in the event the other side breaches.
Unfortunately, boilerplate contracts found online are rarely sufficient. They are not tailored to your industry or your company’s needs and could leave you unprotected in a breach of contract fight.
Reduce the Likelihood of Litigation
Litigating a breach of contract case can be enormously expensive. One way to minimize the risks of litigation is to draft a contract properly. The right attorney can help you anticipate contingencies and how to deal with them. You can also outline what remedies are available in the event the other side cannot cure its breach.
No matter how expensive you find hiring a contracting attorney is, the costs of litigation far exceed it. Protect yourself and your business today by hiring Simms Showers.
Call to Schedule an Appointment
We are available to speak by phone or meet in person to review a proposed business agreement or start building one from scratch.