Business agreements are legally binding documents, and they play a pivotal role in shaping the relationships and transactions within a business. They can control any commercial interactions.
It is highly recommended to seek a solicitor’s legal advice when completing a business agreement, this is to ensure you are aware of exactly how you are entering into the agreement. While some business agreement contracts may not need to be in writing, it is always recommended to record it in writing in the common case a dispute arises.
Why should I engage with a solicitor when drafting a business agreement?
Ultimately, engaging a solicitor for business agreements is an investment in protecting your business, mitigating risks, and ensuring that your agreements serve your best interests. The cost of legal representation is often outweighed by the potential financial and legal consequences of poorly drafted or unenforceable agreements.
How can I finance drafting, renewing or challenging a business agreement?
We know that funding might be a worry, so we offer a range of options. These include:
• Legal expenses cover
• After the Event insurance (ATE insurance)
• Private payment
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