Contracts

Contract Drafting and Dispute Resolution

Contracts exist to define and solidify the conditions of an agreement between two or more parties. Contracts can be written or verbal, formal or informal, but whatever the format, they are generally binding and legally enforceable. The terms of a contract stipulate something that is to be done (or not done) in exchange for something of value.

If one of the parties involved in the contract fails to live up to its respective terms or fails to perform the required duty, a breach of contract will have occurred. A breach can be minor, which means the breach was partial or immaterial in the light of substantial performance pursuant to the contract terms. Or, a breach can be material, which is a complete or substantial failure to perform according to the terms of the contract.  In a breach of contract situation a skilled attorney can sue for the collection of damages or compelling the offending party to perform.

In the event of a breach of contract, a contract dispute lawyer is usually necessary to assist in resolving the dispute between the parties.  The Law Office of Scot Candell, P.C. can assist either side in a dispute to try to negotiate a settlement or if necessary, to litigate the issues involved in court.  Sometimes, a contract contains ambiguities or it has not addressed one or more of the elementary terms and in this kind of situation, a qualified contract dispute lawyer can help negotiate additional or clarifying contract terms, mediate the dispute between the parties, or even litigate in court in order to obtain resolution.

Today, most business dealings involve some form of contract and you need an experienced attorney to assist in the negotiation and drafting of a quality contract to meet the needs of the parties and the situation. In the event a business or other relationship is suffering due to a partner, associate or other party is failing to fulfill its end of a contractual requirement, it is wise to hire an experienced contract dispute lawyer who will assist in resolving the dispute and litigating damages.