What is the importance of a legally binding contract that’s been drafted or checked by a qualified lawyer?
In this video, commercial solicitor Will Conway explains the benefits of hiring a lawyer for drafting contracts, outlining the risks of not doing so. While you may want to cut corners when starting a business, buying or selling property, or engaging in any other legal process, this may ultimately cost you more than you’d hoped.
Benefits of Hiring a Lawyer for Drafting Contracts Transcript:
Need a contract? Just Google one and copy and paste, right?
Please don’t.
We recently acted for a business owner who had grabbed some free terms and conditions online, thinking they worked fine, but they didn’t. Turns out they were terms and conditions from a US company with clauses that made no legal sense in the UK. Worse still, because they hadn’t had the terms and conditions drafted for them or even checked over, they accidentally agreed to pay damages when they needn’t have done so. There was nothing in the terms and conditions to limit their liability to the other party.
A bad contract is worse than no contract. So, please don’t rely on templates you find online. Get one that actually protects you, or, at the very least, get a lawyer to give your contracts the once-over and flag any key areas of concern before you sign.
Need to Draft a Contract?
If this video has helped highlight the importance of hiring a lawyer for drafting contracts, and you believe you require our services, please get in touch with us today.
Our team of expert solicitors is equipped with years of experience in drafting and reviewing contracts for businesses and individuals, providing you with the peace of mind that any potential areas of concern will be identified and addressed promptly.
For more information, browse our dedicated pages about corporate agreements, employment contracts, and contract disputes.