Whether you are an employer or employee, when you sign an employment contract, you make a legal agreement. Breaking such a contract is difficult regardless of whether you live in Detroit or Chicago or anywhere else. Contract laws are fairly specific and strong. However, there are some certain circumstances that could allow you to legally get out of an employment contract.
What are the crucial elements of a contract?
As a Michigan or Illinois business owner, you and your company enter into numerous business contracts. Whether they represent purchase or sale agreements, employment agreements, partnership agreements or some other type of agreement, contracts form a major part of your business operations.
What to include in an employment contract
As a Michigan or Illinois business owner or someone who otherwise has a hand in company hiring decisions, you may find it beneficial to create an employment contract that protects your business, should you and your employee part ways. At Pentiuk, Couvreur & Kobiljak, P.C., we understand that a solid, carefully worded employment contract can prove to be your best line of defense against litigation, and we have helped many people in your shoes take measures to protect themselves and their lifeblood.
Contract negotiation tips
Entrepreneurs and company executives in Michigan and Illinois know that negotiation is part and parcel of getting business done. Hammering out the details of contracts such as lease agreement, purchase deals, vendor or distributor agreements and more can be intimidating to some but there are ways to make it work effectively.
Terminating contracts for convenience
When executing contracts in Detroit, most would think that those party to them cannot simply walk away from these agreements for no reason. Yet depending on the type of company or agency involved (or the exact terms of a contract), the law may allow one to do just that.
Basics of confidentiality agreements
If you run or own a business in Michigan or Illinois, you know that there are times when your work with other entities requires you to share some information about your business that may be sensitive. If you believe this is something you should do, it is important to know how to protect your business so that this sensitive data is not stolen, inappropriately shared or used against you in some way.
Closely reviewing a contract
When it comes to contracts, there are many issues that could arise. For example, some people struggle with drafting a contract because they are not sure what to include, while others find themselves in a stressful or even costly contract dispute in court. Sometimes, people are able to avoid problems that arise months or even years down the road by closely reviewing a contract before signing. Our law firm recognizes the importance of contract review for people and businesses in Detroit & Chicago.
Drafting an effective construction contract
If you are a builder, you may have various responsibilities that not only take up time but generate stress as well. On top of the daily job-related hurdles that arise, you might have uncertainty and anxiety about drafting a contract or going over a construction contract. When it comes to construction contracts, it is vital to protect your interests by drafting an effective contract. At Pentiuk, Couvreur & Kobiljak, P.C., we are well aware of the stressors that builders often face and know how damaging a poorly-drafted contract can be.
What are some guidelines to remember when drafting a contract?
If you are drafting a business contract, you may have diverse questions and concerns. If so, it is vital to find answers to your questions and carefully review the ins and outs of business contracts before the agreement is finalized. Whether you conduct, or plan to conduct, business in Detroit, Chicago, or another city in the U.S., it is vital to make sure that your rights are protected. When drafting business contracts, you should try to avoid any mistakes that could spell disaster and lead to serious complications later on.
