June 24, 2016

Why is my contract so long?

Brandy E. Natalzia – Otis, Bedingfield & Peters, LLC

“The time to repair the roof is when the sun is shining.”- John F. Kennedy

You entered into a pretty basic commercial deal and decided to do things properly and get it drawn up by an attorney. You receive a ‘draft’ from the attorney and it’s long. It was a simple deal so why are there so many terms? The answer lies in risk-shifting, or preparing for the rain.

There are many ways a contract can be…

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