Contracts are agreements between two or more parties that describe the terms of a relationship or transaction. Contracts can be used to define employment arrangements, economic development partnerships, independent contractor relationships, and vendor services.
All contract drafting involves two important components. First, the nature of the relationship between the parties must be explicit. A good contract does not leave anything to chance or interpretation. Rather, it ensures that all parties, to the extent possible, know what they are giving and receiving, and on what terms.
Second, a good contract must be legal. While parties are generally free to contract on terms that they deem wise, some laws limit the kinds of agreements that parties may enter into. This is particularly the case in the realm of public contracts, where constitutions and statutes limit the kinds of arrangements that governments can make with private entities.
Elliot has experience drafting and reviewing dozens of contracts, ranging from multi-million dollar economic development agreements to hourly-rate vendor contracts. He is well-positioned to help clients of all sizes with their contracting needs. Email him today to set up a consultation.