Contract enforcement is an unfortunately necessary focus when entering into business.   What is a Contract? A contract is a written or oral agreement between two or more persons or entities to exchange consideration. You can learn more about contracts in our earlier blog.   What Does Contract Enforcement Look Like? There are a wide…

It is important to regularly review your dispute resolution provision to ensure it still meets your needs.   What is a Dispute Resolution Provision? This provision exists solely to make resolving breaches of contract easier. They come in all shapes and sizes.   Choice of Law We discuss choice of law in another blog. You…

Loopholes are errors in contracts that allows one or more parties to exploit them to create an unintended consequence. Conversely, when you take advantage of the law, that is not a loophole. The difference requires a mistake in the drafting. You need an unintended consequence.   Examples of Loopholes I once reviewed a contract that…

If you have a service contract, you must have these clauses. Obviously, you include your price and service terms. These add extra protection to you. Additionally, all contracts need the essential elements of every contract.   What is a Service Contract? A service contract is a contract that deals with the exchange of the labor…

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