Have you signed a document without reading through its contents? Unfortunately, many individuals have.
When someone asks you to sign a contract, they're asking you to legally bind yourself or maybe your business to the provisions provided in the contract. That's where contract review services, provided by an experienced contract review lawyer, come in handy to give each party the chance to understand the terms of the contract before signing.
The contract review process usually includes several people, depending on the stakeholders active in the contract itself.
It may begin with the sales representative or the company’s legal department, responsible for drafting the original contract. They then evaluate the entire contract thoroughly for precision before forwarding it to the other party.
After receiving the contract, the counterparty has to review the proposed contract and decide whether they agree with the terms. If you’re the counterparty, it’s highly advisable to hire a qualified contract review lawyer like Serah Waweru and her team to review the terms of the contract before signing it.
Contract review provides both parties with the chance to identify and request modifications to the terms of the contracts before signing. This is because it’s difficult and sometimes impossible to change the terms of a contract after signing it.
Contract evaluation is essentially a four-step process. They include:
A contract is usually drafted, revised, and then reviewed by the counterparty. During the review process, the counterparty can suggest modifications if needed. Finally, if both parties are satisfied with the terms, they’ll proceed to sign the contract.
Hiring a contract review lawyer to represent you during the contract review process is essential; they can advise you against signing a contract that isn’t in your best interests.
A contract review lawyer – as the title implies – is a lawyer that specializes in contracts. This lawyer has experience drafting, revising, enforcing, and executing contracts.
Contracts are legally binding agreements between you and another party. For this reason, a contract lawyer can help you understand the terms of the contract and the legal consequences involved in case of a breach of contract situation.
Business owners and individuals often make all sorts of mistakes when dealing with contracts. Some of these mistakes include:
Making any of the above mistakes could lead you into a contractual agreement that’s not in your best interest.
Serah Waweru and her team provide strategic legal representation and contract review services in the Tacoma, WA area. If your counterparty has proposed a contract, a contract attorney can help you negotiate mutually agreeable terms.
A contract lawyer draws up, revises, enforces, and executes contracts on behalf of their client.
Having a seasoned lawyer like Serah Waweru and her team review a contract before signing is a great idea. A contractual lawyer deals with legal issues associated with drafting, negotiating, and enforcing contracts. They’ll review contractual terms on your behalf and sometimes get involved with litigation if the other party disagrees on how the contract should be enforced.
The fees charged by an attorney to examine a contract depend on the complexity of the contract. It also varies from one law firm to another. For this reason, always talk with your attorney about the fees during the initial consultation.
The contract review attorney fee depends on the lawyer’s policy, hourly rate, and the contract’s complexity. For example, some law firms have flat fee contract review pricing.
When you need a contract review lawyer in Tacoma, Washington, the Law Office of Serah Waweru is a phone call away. You can also send us a message online to schedule a consultation with attorney Serah and her team.