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Adv Mathew
Legal Advice

About me

  Member Since : 22 December 2009  (Chennai)

MATHEW, Adv.(Expert in Drafting & Review of various Contracts & Agreements,

Preparing Checklist for Industry Setup, HR

Legal Compliances Manuals )

 

Agreements related toProperty, Commercial, Marketing & Distributing, Manufacturing, NDA. NCA,  Support services Partnership Asset Purchase, Business Separation, Construction, Consulting, Employment, Franchise, Indemnification, Joint Venture, Lease, License, Loan, Management, Manufacturing/Supply, Merger, Non-Competition, Offer Letter, Website Terms, Privacy policies , Promissory Note, Sales, Services.

 Mail me and get the instant help online !!

 COMMON MISTAKES THE CLIENT DO AND BECOMES COSTLY:

 A contract is a legal document binding you and another party to certain obligations --  making one tiny mistake in drafting a contract could mean theend of your business/

 1. STOP COPYING & PASTING Blind reliance on a “standard contract.” When it comes to legal contracts, do not place blind reliance on a “standard contract.” Although standard contracts can be very useful, they simply do not fit every situation. People frequently want to use a “standard contract” which you find online -  because they don’t want to pay an attorney to draft a contract. This often results in a “penny wise and pound-foolish” scenario.

2 . Being too General ¬ Specific

3. Using Inconsistent Terms

4. Failure to Properly Define the Parties.

5. Failure to define those events that constitute breach of the contracts.

 

 



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