You need to read your contracts. Don’t just hope it works in your favor! So here are some more tips. Check out the other Contract tips here.
Don’t sign a contract before you take a look at the tips above as well as the ones above!
Contract Tips Part #2
- Governing Law Clause
The governing law clause is an important part of a contract, especially since it may determine whether you go to California or Pennsylvania (or any of the other states). What a governing law clause essentially says that if there are to be issues with the contract, that law of a certain place will apply.
This clause is also goes into conjunction with a Jurisdiction Clause, which determines where a potential case will be heard.
Why this is important?
It tells you upfront where and what you will be dealing with if you have to ever deal with a court case. You will know exactly what you are dealing with in the context in the law. Also, you the person who constructed the contract has the hoe court advantage when the case goes to the courts. ( What? you think they were going to give you the best?)
2. Don’t Let Length Scare you
You will see contracts that go on and on and on and on. Don’t let that scare you one bit! Take each clause one step at a time. Signing a contract is an important step in your business process, don’t let a long winded attorney’s contract scare you with the, “Comes now, and heretos.” Just take it slow. OR get an attorney to review your contract if you don’t have the time!
3. Legalese is Just Flowery
Comes now, this post to make sure that the viewer, herein referred to as the “Reader,” does not get afraid of legal terms. See, that sentence means nothing, but it is definitely sounds very flowery. Don’t let terms scare you. If you are ever looking at a contract and are confused, then you need to look at Black Law’s Dictionary to help determine the meaning!
****Hey there sunshine! I just wanted to let you know that yes, I am an attorney, but I am NOT YOUR ATTORNEY. The information above does not put us in an attorney-client privilege contact type setting. Even though you are reading this, it doesn’t not mean that I am giving you legal advice as an attorney.