Contract Drafting & Review
Providing Atlanta, Georgia quality management & consulting services
Contract Drafting & Review Overview:
Harvey Wurie’s Contract Group routinely represents medical professionals, entertainers, and business owners in the drafting, negotiating, and reviewing of contracts. We have a deep familiarity with the applicable laws regarding enforcement. There are numerous contracts that we all engage in daily. Most contracts are complex and difficult to understand. Choosing an attorney to draft and review your contract is one of the most important business decisions that you could make to help identify and eradicate your risk exposure. Since a properly drafted contract is the first line of defense in any future legal dispute, we ensure clients take precautions during the formation stage to protect their interests. Harvey Wurie’s experience, knowledge, and negotiating skills help you create a contract that gives you the edge and provides assurance that your deal will be completed smoothly.
We also have an active counseling practice, advising clients on topics such as the application of machine learning and innovative approaches for managing and administering contracts, such as:
• Analytics: We help to determine the key metrics that help measure the effectiveness of your contract workflow process. A few metrics include: 1) How many contracts are signed per month; 3) which person/entity tends to slow down the process; and 4) which portions of most contracts are frequently negotiated?
• Template review: We frequently review the automated templates our clients generate to assess them for efficiencies and improvements.
• Integrations: Most forward-thinking businesses consider integrating their contract workflow with other systems like Workato, HelloSign, and Docusign. However, these integrations need to work effectively, and the workflow process has to continue during the initial workout. We help during both the testing and rollout stages.
Our consulting goal is to assist businesses to self-serve their contract needs, rather than needing a law firm, or legal department to support them.
FAQs:
What must be present in every contract?
Every contract requires an offer, an acceptance, competent parties, and consideration (something of value).
Do all contracts need to be in writing?
No. Contracts can be oral, or written, depending on applicable state law. Most states have laws ("Statute of Frauds") requiring certain contracts to be in writing.
What are the statutes of frauds?
Contracts involving the following:
- Contemplation of Marriage
- Real Estate
- Performance Will Take Longer Than One Year
- Agreements To Pay Another's Debts
- Sale of Goods Worth $500.00, or more
- Concerning A Person's Estate
Why is it a good idea to have a contract in writing?
A written contract allows both parties to review every obligation under the contract, ask questions, and negotiate provisions. It also allows the parties to seek legal guidance about the agreement, and finally, it provides a court with a reference point, if a lawsuit is pursued by one party.
What is a breach of contract?
A breach happens when one party does not perform their obligation under the contract.
Should I hire a Contract Manager?
You should assess whether contracts are an ongoing, daily concern. If you answer this question in the affirmative, you should could consider hiring either an attorney, or a contract manager.
Are all Contract Managers attorneys?
Not necessarily.