Basic Business Contracts

There are basic business contracts, which all business owners should strongly consider such as employment agreements, independent contractor agreements, consulting agreements, and vendor agreements.

There are basic provisions that should occur in these agreements. The first provision is a choice of jurisdiction. The choice of jurisdiction is the State or County where one must file lawsuit if a lawsuit will be filed. The second provision is no oral modification without the consent of all parties. The third provision is whether reasonable attorney's fees should be awarded when there is a breach of the contract. This is a big deal because this gives the non-breaching party the ability to get their attorney's fees and costs reimbursed in case of a dispute. The fourth provision is a severability clause. A severability clause is a clause that means that if one provision is found invalid, than the remaining contract is still valid.

Sean Robertson is a corporate, asset protection, and commercial litigation attorney with expertise in representing small to medium sized business owners. Sean Robertson can be reached at (630) 364-2318 or (312) 498-6080 or Sean@RobertsonLawGroup.com.