Contracts are the lifeblood of nearly all business operations, regardless of the industry. They are legally binding agreements that govern relationships with customers, vendors, employees, and partners. The agreements set out the details of what is to be performed or exchanged between the parties.
The stakes can be high if you enter a contract with terms unfavorable to your business interests. A contract dispute can lead to high-cost litigation, financial burden, and even the demise of your business.
Commercial contract lawyers handle legal issues associated with the creation, negotiation, review, and enforcement of contracts. They ensure contracts are drafted carefully and negotiated competently—and if a dispute arises, they assist parties with litigation. Having a seasoned contract lawyer protecting your interests can help your business thrive and avoid future conflicts. The skilled Boise contract law attorneys at Smith + Malek, PLLC, can manage and protect your business contracts.
Common Business Contracts
There are many types of contracts used in small business transactions. Our small business contract lawyers can assist with the following types of contracts:
- Employment and severance contracts;
- Real estate contracts;
- Finance contracts;
- Promissory notes;
- Deeds of trust;
- Security agreements;
- Confidentiality agreements;
- Business sale or merger contracts;
- Distribution contracts;
- Investment contracts;
- Joint venture contracts;
- Leases;
- License agreements;
- Non-disclosure, non-compete, and non-solicitation agreements;
- Operating agreements;
- Purchase and sale agreements;
- Royalty contracts;
- Shareholder and member agreements; and
- Vendor and customer contracts.
Regardless of the type of contract your business needs or the industry you occupy, Smith + Malek can assist. Our attorneys have helped hundreds of clients navigate complex contract issues.
Contract Drafting, Reviewing, and Negotiating
Contracts are central to the operation and success of your enterprise. Therefore, they must be closely scrutinized and carefully written. Contracts must be clear and specific, and they must plan for foreseeable circumstances to avoid disputes. Contracts can be complex and lengthy and contain confusing legal jargon. Poorly written contracts leave room for misunderstandings and disputes. You will likely need assistance creating, reviewing, and negotiating your business contracts to protect your interests effectively.
A Boise business contract attorney can assist you with:
- Drafting contracts—initiating and drafting a contract customized to meet the needs of your business;
- Negotiating contracts—negotiating on your behalf to alter or eliminate contract provisions you disagree with;
- Reviewing and revising contracts—identifying problematic language and including provisions that protect your interests; and
- Strategizing—giving strategic advice on all aspects of contractual law, including advice on how to comply with state and federal regulations.
Our Boise contract lawyers are knowledgeable in all areas of contract law. They listen closely to you so they fully understand your needs and business goals. When drafting or reviewing business contracts, they have a keen eye for legal thoroughness, clarity, and specificity. We aim to ensure your business contracts safeguard your interests and minimize risk as best as possible.
Managing Breaches and Contract Disputes
Disputes between parties and breaches arise even with the most well-drafted contracts. Breaches occur when one party fails to meet the obligations they agreed to—often as a result of negligence, unforeseen circumstances, ambiguous contract terms, or ignorance. Breaches can also occur by deliberate or intentional refusal to comply with the terms. Different types of breaches exist, such as material breach, partial breach, anticipatory breach, and nonperformance.
In the event of a breach, our lawyers can help you manage the dispute and enforce the agreement. You may be entitled to recover financial damages, injunctive relief, or specific performance. Our team can seek to resolve the matter informally by sending demand letters, negotiating directly with the other company, engaging in mediation, or communicating with opposing legal counsel. If those efforts are unsuccessful, our team will use more formal dispute resolution channels, including negotiation,mediation, arbitration, or litigation. If you think you may have breached a contract, our litigation team can also help defend your case. We have the legal knowledge and experience to resolve your contract issues efficiently and effectively.
Speak to Our Boise Contract Law Attorneys Today
Whether you are just starting a business or are battling a long-term contract dispute, Smith + Malek can help. Since 2015, we have built an exceptional team of experienced lawyers for business contracts. Our attorneys have diverse legal backgrounds that allow them to manage a wide array of contractual transactions. We offer each client personalized attention and support. We take a deep dive into your business operations to fully understand any legal issues, and if we find any, we create tailored solutions. It is essential to protect the business you worked so hard to establish. Contact us today to learn how we can help you protect your company’s interests.