Importance of Well Drafted Commercial Agreements
In our experience, when the rights and obligations of the parties to a commercial transaction or business relationship are not clearly understood by the parties, there is a substantial risk of a dispute escalating into a lawsuit.
It is our firm belief that controversies that result in litigation involving commercial or business transactions could have been avoided if the parties had a comprehensive, well drafted agreement at the inception or early stages of their commercial or corporate transaction or business relationship.
If the parties have reached on oral understanding of the terms of the transaction or business relationship, we recommend that our client prepare a summary of the important terms that have been agreed upon. We will use that summary as a checklist, to be sure that we have included legally enforceable language expressing those mutual understandings. Of course, we will also be guided by our vast business law experience, and well honed contract drafting skills in preparing or negotiating a legally enforceable New York contract that will protect our client’s interests.
Our many years of experience in negotiating, reviewing, and drafting numerous types of contracts enables us to draft legally enforceable language in the commercial or corporate agreement reflecting the parties’ understandings. In addition, we expand upon those basic terms, and also include many other important provisions that, in our professional experience, will most accurately express the parties’ mutual understandings. The resulting written agreement is carefully drafted to cover all reasonably foreseeable issues that may arise in the course of the parties’ business relationship.
It is our sincere belief that the resulting contract is the product of the extra care and attention that we devote to negotiating and drafting commercial and business agreements, as well as our unique professional skill in negotiating and drafting precise contractual terms. We are proud that many of our clients have expressed their utmost satisfaction with the contracts we have prepared for them, as well as the fact that our contracts have often been referred to by the parties, when a dispute or controversy develops.
The contracts we have prepared have often become the parties’ “rule book” for their commercial relationship, clearly establishing their rights and obligations. The thoroughness of our contracts often resolves the parties’ controversies, before they lead to a lawsuit. The substantial expense and uncertainty of litigation is a major distraction from our clients’ business that we are proud to have played a major role in avoiding.
High Quality Legal Representation
The Law Offices of Michael W. Goldstein provides high quality legal services and personal attention to each client. Our legal fees are extremely fair, considering the level of professional service we provide. However, for those clients who will select a lawyer based solely on the lowest fee charged, our firm will probably not be your first choice.
Our Firm serves its clients with a wide spectrum of legal services for business and personal legal matters. For more information about Michael W. Goldstein’s legal experience and areas of practice, see our Attorney Profile and Our Firm pages.
If you would like to read what our clients say about us, please see our Testimonials page.