In this video, we explore the potential complications that can arise from poorly drafted partnership agreements and how they can leave partners "handcuffed" to one another. Our experts discuss a real-life case where a well-drafted contract helped avert a lawsuit and retain the client's shares in the company.
With the combined expertise of our litigation and transaction specialists, we stress the importance of addressing alternative dispute resolution procedures early on in your contracts, providing a reliable method for potential disputes along your business journey.
While it's impossible to anticipate every risk, preparing and reviewing your paperwork can significantly reduce the time, stress, and heartache that business owners can encounter. We delve into the necessity of routinely auditing business agreements and contracts, ensuring they're updated to current formats, and include favorable alternative dispute resolution provisions.
Whether you're starting from scratch or need to bring your existing contracts up to speed, this video will provide you with vital knowledge to protect your business under current laws.