Dan Watkins of the Watkins Firm discusses the importance of contracts in our new Sound Business Insights Podcast Episode 15 – Contract Law. What is a contract? What are the laws which govern a contract here in California? Did you know that the drafter of a contract is presumed to be liable for any vaguery within the contract in the event of a dispute? This is why it is so important to entrust the creation of your business and transactional contracts to the experienced contract law attorneys at the Watkins Firm.
This is why it is so important not to simply download a form or take a contract from a previous experience and attempt to modify it yourself. In Episode 15 – Contract Law Dan discusses the extensive library of contracts developed and maintained by the Watkins Firm as well as the extensive library of boilerplate options we subscribe to. In most cases our attorneys have drafted a similar (or precisely the same agreement) in the past and you can draw and the economies of this strategy to reduce the cost of a contract while ensuring you have an enforceable agreement which is fully tailored to your specific needs.
We discuss a variety of contractual agreements such as:
- Corporate documents including a Shareholders’ Agreement or Operating Agreement
- Contracts between your company and suppliers
- Sales and service agreements
- Employment contracts
- Contracts for distribution or licensing
There is a direct relationship between the quality of your company’s contracts and the likelihood of success in all of your relationships and transactions. In Episode 15 – Contract Law Dan Watkins provides insight on the importance of a well structured contract and how these agreements should anticipate anything and everything which might happen between the signing of an agreement and the completion of the relationship or transaction.
We invite you to listen to our new podcast Episode 15 – Contract Law, review the strong recommendations of our clients and contact the Watkins Firm or call 858-535-1511 for a complimentary consultation today.
