Your business contract might not yield the results you hope for if you lack confidence in negotiating the terms of the deal. To help yourself come out of your contract talks with your desired outcome, consider how to understand the perspective of the party you are...
Contract Disputes
Understand contractual remedies before signing business agreements
Detroit businesses enter into contracts each and every day. Depending on the goods or services that they provide, their agreements can take on different forms and focus on different elements. At their core, though, contracts include basic terms like an offer,...
Possible remedies for breach of contract claims
Contracts are vital documents for the successful operation of businesses and other organizations. They lay out the terms by which the parties must act and conform to each other in order to preserve their interests and mutual expectations. When Michigan and Illinois...
How small companies can gain leverage over powerful suppliers
Whether securing raw materials or manufacturing equipment, most small businesses must deal with large suppliers. These big companies cover entire regions, buying up or pushing out competitors before they compromise the market. Dealing with these near-monopolies...
Is my NDA enforceable?
Business owners want to keep their recipe for success a secret. But many know they must share information with third parties to continue growth and maintain a healthy bottom line. Because of this, many enter nondisclosure agreements with third parties they work with....
Network and deceased singer’s estate at odds
Individuals and businesses in Illinois know that the way a contract is worded can make a big difference in how it may be interpreted and, therefore, how much protection it may provide one of the parties if a dispute ever arises. People should also be aware that they...
Is an oral contract valid?
If you have a business in Illinois, you may use many different types of contracts. One such type is an oral contract. This is simply an agreement you talk over with someone else where you both agree to terms and the exchange of something valuable. It is the same as a...
How can I avoid problematic clients?
When offering a professional service, clients help your business grow. While they’re an integral aspect of being successful, you also want to choose your clients wisely to prevent serious issues, such as contract disputes, from occurring down the line. Medium...
Director seeks compensation for alleged breach
For companies and individuals in the media and entertainment industries, strong contracts are essential. Anyone in Illinois or Michigan who is involved in these industries knows this firsthand. In many cases, a contract between a large corporation and an individual...
CVS Caremark, Wal-Mart contract dispute resolved
Consumers in Illinois and Michigan have concerns about the rising costs of prescription medications. According to the Wall Street Journal, these concerns have put pressure on drug manufacturers, pharmacies, and the middlemen between them known as pharmacy...