Why An Attorney Should Review Every Contract Before You Sign It
Contracts are everywhere and in every aspect of our lives today. Whether it’s a rental agreement, a loan agreement, an employment agreement, or a business contract, we all have to sign on the dotted line many times throughout our lives. However, we don’t realize that some contracts contain clauses that can be problematic after the agreement is signed. That is why your attorney needs to review every contract before you sign it. In this blog post, we will discuss why you need to retain an attorney before signing any contract.
Complex Legal Terms
Legal documents are often written using complex legal terms that may not be familiar to most of us. You may sign a contract without fully understanding the legal jargon and its consequences. However, when you involve an attorney, they can explain the legal implications of the terms in plain language for you to understand. An attorney can also highlight areas that can lead to trouble.
Protect Your Rights
A contract is a legally binding agreement that outlines the rights and obligations of the parties involved. Unfortunately, some agreements may breach our rights unknowingly, leading to a legal battle afterward. To protect your rights, an attorney can help draft or review the contract before you sign it to ensure that both parties comply, and your rights are protected.
Spotting Ambiguities
Some contracts may contain ambiguous clauses that can be open to interpretation. In these cases, an attorney can help clarify any ambiguities to ensure both parties understand the agreement. This is especially important in business, employment, and real estate contracts, where disputes can be expensive. A clearer agreement will prevent prolonged legal battles.
Prevent Future Disputes
A correctly drafted contract can prevent future disputes from occurring. Your attorney can ensure the contract reflects the agreement between the parties and covers all eventualities by adding essential clauses. This clarifies what the parties have agreed to and can prevent any misunderstandings. You can save money and hassle in the long run by preventing future disputes.
Expertise And Experience
Attorneys have the experience, knowledge, and training to draft and review contractual agreements. They understand the intricacies of the law and the consequences of specific provisions in a contract. For example, an attorney can help you identify and eliminate hidden costs that may not have been apparent.
In conclusion, having an attorney review any contract before signing it is always wise. Contracts are legally binding and have long-term implications. Your attorney can provide the expertise needed to ensure that your rights are protected, and that the agreement reflects what you intend to accomplish. The McKenzie Law Firm provides contract drafting and reviewing services to the Colorado public. Contact us today to schedule a consultation. Don’t sign anything without an attorney present!
What next?
If you are considering entering into a legal relationship with someone, you can:
- Give us a call at 720-821-7604 to schedule a "Attorney Evaluation Session" at which we can determine whether our firm would be a good fit for your needs. Or fill out our contact form to have us call you.
- Visit our estate planning page to learn more about how proactively thinking through your estate plan can protect you and your family, minimize hassle, lower the chance of family discord, and minimize or eliminate taxes.
- Learn more by reading our blog or watching our videos.
