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Feb 2, 20241 min read
Contract Mistake: No Easy Way Out
My client "Michael" signed a service contract with his accounting firm, thinking they'd handle his books and supplier payments. Little...
Jan 31, 20241 min read
Contract Mistake: Rushing to Sign
My client "Michael" is a successful and very confident businessman. Usually. A few months ago, he called me in a panic about a breach of...
Jan 23, 20241 min read
Friends don’t let friends get contract forms online!
When two friends Pam and Carmen first contacted me about their new startup, they had found an operating agreement online. They asked me...
Jan 19, 20241 min read
Key Contract Provision: Dispute Resolution
Contract disputes don't always end up in court. But even if they don't, they are more expensive and take longer to resolve than they...
Jan 17, 20241 min read
Negotiation Tip: Don’t rush the process
A lot of people don’t enjoy negotiating and just want to get it over with. But in my experience, contracts that get signed quickly tend...
Jan 9, 20241 min read
Operating Agreement Forms - Have You Seen the Reviews?
Picture this: Two best friends embarking on a new business venture. Eager to cut costs, they found an online form for their operating...
Jan 2, 20241 min read
Don't gamble with your business - contracts are key when working with independent contractors.
Stop using independent contractors without a written contract. Rita owns a graphic design agency and uses independent contractors to do...
Dec 21, 20231 min read
How do you know when to bring in a lawyer into a negotiation?
The earlier the better. My client “Tim” is a chocolatier and is worried about cash flow. He has been discussing a distribution deal with...
Dec 19, 20231 min read
Creating Leverage in Negotiation
One of the most important ways to increase leverage in a negotiation is to be prepared. Before I negotiate contracts for clients, I want...
Dec 14, 20231 min read
A Contract is A Tool
Negotiating is not a skill that comes naturally to most of us. But anyone can get better at it. Many people dread negotiating contracts,...
Dec 12, 20231 min read
Best Negotiation Tip
When it comes to contract negotiations, preparation is everything. It goes beyond understanding your client's goals and alternatives –...
Nov 16, 20231 min read
Handshakes Make Terrible Contracts
In my last post I told you about Chris who hired Beth, a graphic artist, to paint his company logo on some trucks. Well, because the cost...
Nov 14, 20231 min read
What to Do when Someone Asks for Changes to your Contract
Chris owns a company that rents equipment on a short-term basis. He recently bought some front-loaders that need his company logo printed...
Nov 2, 20231 min read
My Practical Approach as a Lawyer
I’m a realist. When I come across onerous clauses in a contract, I can't help but think: Is this actually practical in real life? As a...
Oct 25, 20231 min read
The Invaluable Attorneys' Fees Clause
Carl’s company completes tenant build-outs for leased property. After finishing an office suite for a client, he billed his fee of...
Oct 19, 20232 min read
How to Sign a Contract the Right Way
Jake owns a cleaning company, and he buys cleaning supplies from a large corporate supplier. The supplier sent a contract to cover an...
Oct 17, 20231 min read
Purchase orders ARE contracts.
Purchase orders can be a trap for the unwary. My client "Dave" has a big customer who places a weekly order with Dave by sending him a...
Oct 12, 20231 min read
Contracts for Long-Term Projects
Home improvement projects are completed in stages, and smart homeowners negotiate payment milestones based on completion of the work. I...
Oct 10, 20231 min read
I love word puzzles... and contracts!
Let's face it – contracts are often seen as dull, mind-boggling obstacles that stand in the way of business owners pursuing their dreams....
Oct 3, 20232 min read
When to Bring In a Lawyer for a Deal
My client “Steve,” the owner of a bakery, recently found himself in a bit of a cash flow dilemma. He had been engaging in discussions...
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