Whether you’re signing off on a simple tenancy agreement or a multi-million dollar joint venture agreement, contracts are part and parcel of life and business.
Many disputes and problems can be avoided if you read your contracts properly, with a keen eye for detail and some knowledge of legal terminology. Of course, the best thing to do would be to approach a lawyer to review a contract you are about to enter into. Lawyers are familiar with contract law and have developed a keen understanding of various types of clauses and how to draft them, even challenge them. Lawyers may also negotiate for amendments to terms and conditions in the contract which are not favourable to you.