Well Crafted Business Contracts Increase Profits and Reduce Litigation

Well crafted business contracts increase profits

Well crafted business contracts increase profits while significantly reducing expensive and time consuming business litigation.  Why shouldn’t a business owner download business contracts off of a legal forms website?  How is the cost of litigation associated directly with the quality of the underlying business contract?

The experienced business contract attorneys at the Watkins Firm have decades of experience in business litigation and breach of contract cases.  Ironically, it is this very experience that informs our contract creation process, resulting in well crafted business contracts that more effectively guide the parties through a transaction or relationship while avoiding disputes or litigation.  The likelihood of success in any business undertaking is directly related to the quality of the underlying contract.

When you download a business contract from a legal forms site, you are going to receive a generic boilerplate contract.  California business law is quite different from laws in other states, and our contracts must reflect these nuances in order to be enforceable.  Downloaded contracts do not contain the details necessary to clearly establish the roles of each party, the “benefit of the bargain” anticipated by each party, the potential challenges that might come up along the way and the method for dispute resolution.

Many business people have not yet been through a lawsuit or litigation.  It is important to understand one critical business fact: The costs associated with resolving a litigation or lawsuit are directly tied to the amount of ambiguity or grey areas contained within the contract between the parties.  A spoken agreement carries little detail, and a Court will be required to piece together the will of each party, and all of the terms that should have been contained in an actual contract before a resolution to any dispute can be rendered.  This requires extensive time and expensive legal argument by litigation attorneys in order to prevail.

The clearer the contract, the less room there is for interpretation and ultimately dispute.

We invite you to contact the Watkins Firm or call today for a free and substantive consultation about your business contracts at 858-535-1511.  Learn about the relatively minor cost associated with a well crafted agreement, especially when it is contrasted with the costs associated with a breach of contract or litigation.  Well crafted business contracts increase profits while reducing litigation and lawsuits.

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