How Can Business Agreement Lawyers Help Your Business

How Can Business Agreement Lawyers Help Your Business
4 min read
31 October 2022

As a business owner in Alberta, you must be aware of how running a business involves a lot of legal work. So, it makes sense to have business agreement lawyers in Alberta by your side to protect your business from any future legal lawsuits.  

Business owners routinely enter into contracts with other companies, consumers, clients, employees, and other people or groups. Although such agreements can be made informally, you should prefer to make them legally binding to safeguard your interests. 

Carefully prepared and negotiated agreements can promote efficient corporate operations and lessen the possibility of future conflicts. That is what business agreement lawyers are skilled at and do it for you. But, that’s not all. 

What do Business Agreement Lawyers Do?
Lawyers who specialize in business agreements will typically negotiate, review, and prepare legal contractor agreements in line with state laws and client requirements. And as the name implies, they help you with drafting agreements. Some of the agreements that can be drafted by such lawyers are:

1. Commercial lease agreements:
There may be times when you desire to grow your company by leasing the location where operations will take place. You would require a leasing agreement in this situation. 

This agreement, which is appropriate for your company, can be created for you by a lawyer. The type of business to be done in the property, payment of the property's utility costs, and other terms and conditions are all specified in a lease agreement.

2. Supplier agreements:
These are contracts where a vendor agrees to provide all of the requested goods or services on time. Additionally, the buyer consents to purchase those products or services from the vendor for the price and duration specified in the aforementioned agreement. 

A lawyer will explain every clause in the supplier agreement, including the method of delivery, the number of items, the payment terms, and any other specifics that must be covered to safeguard your rights and interests.

3. Ownership Agreements:
Partnership agreements, shareholder agreements, and founders agreements are a few examples of ownership agreements. The obligations and rights of owners and partners are outlined in these agreements. These customized agreements can be drafted, reviewed, and negotiated for you by an attorney.

4. Independent contractors Agreements:
Businesses recruit independent contractors as temporary workers to complete specific tasks. Examples of these independent contractors include content writers, web developers, and accountants. Since they are not employed full-time, a lawyer can assist you in creating a contract to make sure there are no future issues.

5. Non-disclosure contracts:
A lot of business owners are unsure about whether and how to employ a non-disclosure contract. A non-disclosure agreement is intended to ensure that employers do not disclose to any other third party any confidential information about the company, including business plans, customer information, marketing tactics, etc. A business insurance lawyer can not only guide you but also meticulously draft these agreements for you. 

6. Employment Agreements:
It's usually a good idea to make sure the correct expectations are set from the outset when you hire new personnel for your business. A smart strategy to establish guidelines and lay out the conditions of work is to draft an employment contract.

To get in touch with the best business agreement lawyers in Alberta, contact Du Plooy Law. 

They have been assisting clients from across the world with issues relating to corporate law, as well as issues with tax law, employment law, estate planning, and many more. With years of extensive experience in dealing with commercial agreements,  they can help you to negotiate, examine, and draft agreements per the laws and your demands. Click here to contact them.

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