You probably enter into binding business contracts more often than you realise. It is not necessary to sign a written document in order to be subject to one. Although legal agreements may be created orally, it is always better to commit the details to write even if you do not use a formal written contract.
If you have something in writing, this helps to avoid misunderstandings and means that if memories fade there is some tangible evidence of what was decided. Using written agreements is a good way to manage risks in a commercial context.
It is not always necessary to adopt a lengthy written document. The length of agreements can vary depending on the amount at stake.
Some of the business contracts we can advise on include:
· Supply of services contracts
· Shareholder agreements
· Consultancy agreements
· Franchising contracts
· Outsourcing agreements
· Business terms (or Terms and conditions)
· Website terms and conditions
· SEO contracts
· Intellectual property contracts
· IT Contracts