Contract Terms 3: Avoid Hanging Chads

If I’m not misremembering, the George Bush v. Al Gore presidential election became all about the handing chad. When the people of Florida voted, they did so using punch cards. … Continue reading “Contract Terms 3: Avoid Hanging Chads”

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Contract Terms 2: The Recitals

Most contracts (if not virtually all) contain recitals. They will sometimes be called “recitals” or “background” or, if the attorney is old-school, use the phrase “Whereas…” a lot. When I … Continue reading “Contract Terms 2: The Recitals”

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Contract Terms 1: The Parties

The Right Entity One of the basic elements of a contract is to know who you’re dealing with. (No, Who’s on first). If you are representing an LLC or Corporation, … Continue reading “Contract Terms 1: The Parties”

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Your Contract Has Problems. They all do.

A contract is not going to prevent all disputes. It will definitely prevent some, but certainly not all. I would guess that about 90% of the lawsuits my firm handles … Continue reading “Your Contract Has Problems. They all do.”

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The Anatomy of a Contract

A contract typically consists of the fairly standard parts. Each part may be different depending on what the contract is for, but most of the time these standard terms are … Continue reading “The Anatomy of a Contract”

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