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A lawyer to review contracts ensures the contract's legality for corporate and private transactions. You can make specific provisions in the contract concerning legal enforceability before certain courts or authorities under certain circumstances, i.e., arbitration.

You can help ensure that the agreement you drafted complies with all legal requirements by consulting a lawyer specializing in contracts. Legal contracts and other documents can be created and revised by a lawyer, who will ensure that the contract protects you in disagreements.

A lawyer to review the contract will assist in making sure your document is: Because the wording and format of many contracts must adhere to specified requirements to be legally binding:

  • Acceptable in a court
  • Without exceptions
  • Legally Enforceable

What is a Contract?

A legally enforceable agreement between two or more parties, known as a contract, establishes, clarifies, and regulates the parties' respective rights and obligations. Contracts frequently include the promise to transfer goods, services, money, or any combination later. In the event of a breach of the contract or part thereof, the aggrieved person is entitled to pursue legal action against the other party. The core principle of contract law is that parties are bound to their obligation once the contract comes into existence.

Types of Contract Review

Depending on your circumstance, hiring a lawyer for contract review can entail a few different things. You may defend your financial interests by comprehending what a lawyer will do when analyzing a contract in various situations.

For instance, you wouldn't necessarily need to engage a lawyer to negotiate on your behalf if you are only drafting a basic contract or only have one topic to address. On the other hand, you might want to engage with a lawyer who can provide more than just a conventional assessment if you do not feel comfortable managing contract discussions on your own. You might desire the following types of contract reviews:

Issue-Specific Contract Review

The least expensive kind of contract review is typically this kind. If one particular clause in a contract raises concerns for you, you can evaluate it with an attorney. Even if you have a lower budget, issue-specific contract analysis is an excellent method to boost your confidence before signing a contract. The clauses or inquiries that you can have a lawyer review are as follows:

  • Can I continue working with other clients if I decide to sign this contract?
  • What effects will a non-compete agreement have on me?
  • What does the non-solicitation provision of this contract entail specifically?
  • Who will be the owner of the rights to anything created?
  • Will the deal harm my intellectual property?

Basic Contract Review

A basic contract review is more thorough than having a lawyer look at a contract for a single issue. A lawyer conducting a basic contract review would quickly scan your agreement. Additionally, they can respond to your specific inquiries and highlight any areas of your contract that require additional study or change.

Basic Contract Review With Edits

A basic contract review with revisions is more thorough than the first two types of contract evaluations. Your contract will be reviewed by a lawyer who will highlight any potential issues. Additionally, the attorney will rewrite your contract to fix any problems they uncover. By ensuring the contract, you wish to utilize complies with legal requirements, a procedure known as redlining a contract can assist speed up your agreement process overall.

Contract Review With Negotiation

Another option is to work with a lawyer to manage the entire process on your behalf. A lawyer can negotiate a contract on your behalf and handle the document's review, editing, and redlining. Before any agreement is reached, serious contract talks can become contentious and tense, causing tension between the parties. To facilitate discussions, a lawyer can be an impartial third party.

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Who Should Review Contracts?

Depending on the parties engaged in the contract, the contract review procedure frequently involves several people. The professional may construct the first contract and choose the main values after using the crux of the deal as a guide and basic phrase. Before sending the agreement to the counterparty and the legal team, this individual should evaluate the entire document to ensure its accuracy.

The counterparty will examine the proposed agreement to ensure it meets its risk, law, and business needs. A contract review by a contract expert or legal counsel after each round of discussions and before the parties sign is regarded as best practice.

Before signing, the parties have one final opportunity to identify and seek changes during the contract review. After a contract is executed, obligation management becomes a concern. To prevent being caught off guard by approaching important dates and deadlines, parties look to anticipate certain contracting events like re-negotiation or opt-out windows.

The role of each reviewer affects how a contract is examined. A compromise acceptable to both parties will be considered as the counterparty reads the contract line by line, accepting some changes and recommending others. Usually, they'll send it back with revisions. On the other hand, the drafting party will need to review whatever was modified or rejected.

What Are the Benefits of a Lawyer to Review a Contract?

It is crucial to have the contract examined if you are making decisions based on a contract, whether for commercial or personal reasons. To avoid future legal issues, you should ensure your contract is formatted correctly and has all the necessary legal information. An attorney should review any contract you drafted or will negotiate before you sign it. A lawyer should analyze a contract for the following important reasons:

  • Avoiding miscommunications: Making sure you comprehend the terms of a contract requires having a lawyer analyze it. A lawyer can ensure that every clause in the contract is understood.
  • Ensuring that the contract is legally binding: Having a signed contract is useless if it cannot be upheld in court if it is contested. A lawyer analyzing your contract will ensure that all the clauses are valid and permitted by law.
  • Reducing legal issues: By concluding a written agreement that each party can comprehend, you will lessen the possibility of future legal issues.

Conclusion

Contract Counsel is an all-in-one contract platform where professionals and technology work harmoniously. All contract reviews are done with utmost due diligence and care. A Lawyer reviews every detail and content related to the contract and approves them. You may then evaluate the contract per your need and approve them with a customizable streamlined approach. As a result, legal and business teams can collaborate in a single workspace with a smooth review process.

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Meet some of our Lawyers

Samuel R. on ContractsCounsel
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5.0 (22)
Member Since:
October 2, 2021

Samuel R.

Attorney
Free Consultation
Phoenix - Arizona
4 Yrs Experience
Licensed in AZ, PA, UT
Widener University Delaware Law School

My career interests are to practice Transactional Corporate Law, including Business Start Up, and Mergers and Acquisitions, as well as Real Estate Law, Estate Planning Law, and Intellectual Property Law. I am currently licensed in Arizona and Pennsylvania, after having moved to Phoenix in September 2019. I am currently General Counsel for a bioengineering company. I handle everything from their Mergers & Acquisitions, Private Placement Memorandums, and Articles of Amendment to Intellectual Property Assignments, to Employment Law and Beach of Contract settlements. I have 4 years experience handling commercial breach of contract cases working with Burton Neil & Associates, P.C. I have experience with Intellectual Property infringement after having worked for Ryley Carlock & Applewhite. I have also recently gained experience with Estate Planning law, drafting numerous Estate Planning documents for people such as Wills, Powers of Attorney, Healthcare Directives, and Trusts. I am looking to further gain legal experience in these fields of law as well as expand my legal experience assisting business start ups, mergers and acquisitions and also trademark registration and licensing.

Gregory B. on ContractsCounsel
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5.0 (60)
Member Since:
October 18, 2021

Gregory B.

Attorney
Free Consultation
San Diego, CA
4 Yrs Experience
Licensed in CA
University of San Diego

I love contracts - and especially technology-related contracts written in PLAIN ENGLISH! I've worked extensively with intellectual property contracts, and specifically with IT contracts (SaaS, Master Subscriptions Agreements, Terms of Service, Privacy Policies, License Agreements, etc.), and I have built my own technology solutions that help to quickly and thoroughly draft, review and customize complex contracts.

Jordan M. on ContractsCounsel
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5.0 (2)
Member Since:
October 13, 2021

Jordan M.

Partner
Free Consultation
Houston, TX
4 Yrs Experience
Licensed in TX
University of Houston Law Center

I am a software developer turned lawyer with 7+ years of experience drafting, reviewing, and negotiating SaaS agreements, as well as other technology agreements. I am a partner at Freeman Lovell PLLC, where I lead commercial contracts practice group. I work with startups, growing companies, and the Fortune 500 to make sure your legal go-to-market strategy works for you.

Tabetha H. on ContractsCounsel
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5.0 (10)
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Tabetha H.

Attorney at Law
Free Consultation
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25 Yrs Experience
Licensed in CA
UCLA

I am a startup veteran with a demonstrated history of execution with companies from formation through growth stage and acquisition. A collaborative and data-driven manager, I love to build and lead successful teams, and enjoy working full-stack across all aspects of the business.

Elbert T. on ContractsCounsel
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4.8 (2)
Member Since:
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Elbert T.

Attorney
Free Consultation
Oklahoma City
2 Yrs Experience
Licensed in OK
Oklahoma City University School of Law

Elbert Thomas is the founder of the Thomas Law Group, LLC. Elbert is proficient in contract creation, drafting, reviewing, and negotiating various business contracts and demand letters in industries such as construction, personal, professional services, non-profits, and real estate. Elbert typically represents small and large companies in drafting and negotiating countless agreements such as purchase sale agreements, interconnection agreements, lease agreements, demand letters, cease & desist letters, transfer of deeds in real property, and merger/acquisition agreements. In addition, Elbert is also experienced in start-ups, small business formation, drafting operating agreements, and estate planning.

Atilla B. on ContractsCounsel
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Member Since:
October 4, 2021

Atilla B.

Counsel
Free Consultation
Denver, CO
4 Yrs Experience
Licensed in CO, DC
American University - Washington College of Law

Atilla Z. Baksay is a Colorado-based attorney practicing transactional and corporate law as well as securities regulation. Atilla represents clients in the negotiation and drafting of transactional (e.g. master service, purchase and sale, license, IP, and SaaS agreements) and corporate (e.g. restricted stock transfers, stock options plans, convertible notes/SAFE/SAFT agreements, bylaws/operating agreements, loan agreements, personal guarantees, and security agreements) contracts, in-house documents (e.g. employment policies, separation agreements, employment/independent contractor/consultant agreements, NDAs, brokerage relationship policies, and office policy memoranda), and digital policies (e.g. terms of service, privacy policies, CCPA notices, and GDPR notices). Atilla also reviews, and issues legal opinions concerning, the security status of digital currencies and assets. Following law school, Atilla practiced international trade law at the Executive Office of the President, Office of the United States Trade Representative, where his practice spanned economic sanctions enacted against goods originating in the People’s Republic of China valued at $500 billion. Afterwards, Atilla joined a Colorado law firm practicing civil litigation, where the majority of his practice comprised of construction defect suits. Today, Atilla's practice spans all corporate matters for clients in Colorado and the District of Columbia.

Clara D. on ContractsCounsel
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Member Since:
October 8, 2021

Clara D.

Principal
Free Consultation
Illinois
20 Yrs Experience
Licensed in IL
University of Chicago

After graduating from The University of Chicago Law School in 2002, Clara spent eight years in private practice representing clients in complex commercial real estate, merger and acquisition, branding, and other transactional matters. Clara then worked as in-house counsel to a large financial services company, handling intellectual property, vendor contracts, technology, privacy, cybersecurity, licensing, marketing, and otherwise supporting general operations. She opened her own practice in September of 2017 and represents hedge funds, financial services companies, and technology companies in a range of transactional matters.

Grant P. on ContractsCounsel
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Member Since:
October 12, 2021

Grant P.

Founder
Free Consultation
New York
20 Yrs Experience
Licensed in FL, NJ, NY
Brooklyn

Founder and owner of Grant Phillips Law.. Practicing and licensed in NY, NJ & Fl with focus on small businesses across the country that are stuck in predatory commercial loans. The firm specializes in representing business owners with Merchant Cash Advances or Factoring Arrangments they can no longer afford. The firms clients include restaurants, truckers, contractors, for profit schools, doctors and corner supermarkets to name a few. GRANT PHILLIPS LAW, PLLC. is at the cutting edge of bringing affordable and expert legal representation on behalf of Merchants stuck with predatory loans or other financial instruments that drain the companies revenues. Grant Phillips Law will defend small businesses with Merchant Cash Advances they can no longer afford. Whether you have been sued, a UCC lien filed against your receivables or your bank account is levied or frozen, we have your back. See more at www.grantphillipslaw.com

Jonathan K. on ContractsCounsel
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Member Since:
November 12, 2021

Jonathan K.

Principal
Free Consultation
New York, Europe (Germany, UK)
14 Yrs Experience
Licensed in NY
Georgetown University Law Center

Pico & Kooker provides hands on legal advice in structuring, drafting, negotiating, interpreting, managing and enforcing complex high value commercial transactions. Adept at navigating complex environments, Jonathan has extensive expertise advising clients on a wide range of long- and medium-term cross border and financial engagements, including public tender participation, PPPs, export sales agreements as well as policy and regulatory formulation. Jonathan and his co-founder, Eva Pico have represented and acted on behalf of lenders, global corporations and other market participants across a range of industries including financial services, infrastructure and transportation. As outside counsel, Pico & Kooker, has developed a strong rapport and working relationship with their clients and appropriately work with their in-house teams to increase consistency, processes and procedures. The company employs a unique approach as practical, business minded outside legal counsel who believe in proactively partnering with their clients to achieve desired results while managing and engaging key stakeholders. They listen to their clients to develop customized solutions that best meet their needs while aligning with their objectives, vision and values. Some representative transactions include advising the World Bank on project finance and portfolio options to address the costs and risks associated with integrating renewable power sources. Also advising them as legal counsel, Jonathan developed policies, regulation and models for emerging market governments entering into public-private partnerships. In addition to his work with the World Bank, Jonathan has worked with some of the world’s largest consulting firms, financial institutions and governmental organizations, including the United Nations, the governments of the US, UK and select African countries. Through out his career, he has worked with large, multinational corporations both by consulting in-house and acting as outside counsel on large cross-border transactions. He graduated from Georgetown University’s law school and was admitted practice as a lawyer in New York, England and Wales and, as a foreign lawyer, in Germany. He has written several articles for trade journals and has been cited by several business publications in worldwide. Jonathan is a native English speaker and has high proficiency in German and a functional understanding of Spanish.

Pelin U. on ContractsCounsel
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Member Since:
October 18, 2021

Pelin U.

Founding Attorney
Free Consultation
Leander, TX
2 Yrs Experience
Licensed in TX
Rutgers Law School - J.D. / Law

I am a solo practitioner and the founding attorney at Uzay Law, PLLC, which provides legal services in immigration and contracts. I am licensed to practice law in Texas. Prior to practicing law, I worked as a producer and film consultant in New York for over fifteen years. I am fluent in English and Turkish.

Reuben O. on ContractsCounsel
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Member Since:
October 21, 2021

Reuben O.

Senior Managing Attorney
Free Consultation
Seattle/Boise
14 Yrs Experience
Licensed in ID, WA
The University of Iowa

As an entrepreneur at heart, I enjoy working with business owners and executives on a variety of corporate matters, including mergers and acquisitions, corporate financing, corporate governance, public and private securities offerings, privacy regulation and early-stage corporate matters including formation. As a lawyer and business professional, I understand the value of providing personal service and focused legal answers to clients navigating a rapidly changing regulatory environment. Whether in Aerospace, Consumer Goods, or Technology, I find great success in work collaboratively with clients to strategical structure their business or implementing strategic growth-oriented financing opportunities.

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