Commercial transactions are broadly defined as an interaction between two or more parties in which goods, services, or something of value is exhanged for some type of payment. To sum it up, commercial transactions = business deals.
As the “law firm for deal makers and risk takers,” commercial transactions work is at the heart of what we do. We take pride in providing our clients with pragmatic, insightful counsel that not only addresses the risks that clients take with deals, but also help them uncover hidden value.
We do this by being strong yet diplomatic advocates for our clients. As opposed to a “bulldog” litigator that many clients look for when they are entanged in complex litigation, good deal lawyers are skilled negotiators that possess the empathy necessary to get both sides to come together to make a deal. A good deal lawyer will help the client understand the nuances of each deal and ask questions that the client did not think of. Moreover, a good commercial transactions lawyer will save a client from a bad deal. You want an attorney you can trust to help you weigh the pros and cons to every deal and challenge your assumptions.
With a team of commercial transactions lawyers, Carbon Law Group assists clients across industries and sectors navigate complex matters to help manage risks and ensure compliance with contract terms. We provide a broad range of legal services in various types of commercial and business transactions. We have advised our clients on the legal ramifications of their business decisions and drafted many tailored-made, high quality agreements to protect our clients’ rights and provide them with the most effective solutions to their specific needs.
Why Should I Use A Lawyer To Write My Contracts?
While it may be tempting to write your own contracts, or to use the cheapest form agreements you can find online and adapt it to your needs, in the long run this can cost you way more money in litigation and lawyer fees when compared to paying a fraction of those fees today. When agreements really matter–when they’re being challenged or being used to clarify intent–you need to have clear, legally binding language to protect your interests. Depending on the type and the scope of the agreement, provisions specific to your situation and certain kinds of boilerplate need to be included. A good lawyer also knows how to anticipate potential issues before they occur and will include provisions in your agreement to protect against these problems.
What Should I Consider When My Business Begins to Grow?
When hiring new workers, you should make sure that they are classified appropriately as independent contractors or employees, who are entitled to minimum wage and benefits such as workers compensation.
As the business grows, it will become increasingly important to have an employee handbook, which documents the policies, procedures, working conditions, and behavioral expectations your business has on your employees.
You should stop relying on informal, verbal agreements.
Conduct an intellectual property audit to ensure protection and prevent infringement.
Protect your business ideas or competitive edge with properly drafted NDAs.
Learn more by reading our blog post on this topic!
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