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Contract lawyers 2017-11-12T16:47:48+00:00

DO YOU NEED A CONTRACT LAW SPECIALIST?

At Palazzo Law Boutique we are pride ourselves on being a team of contract law specialists. We offer personalised legal advice and step-by-step assistance on all the issues related to contract law – both on contentious and not contentious matters. We are primarily specialised in international commercial contracts – agreements entered into by business entity in different countries. Therefore, we help clients address all the issues that need to be dealt with, when planning, negotiating such contracts.

We believe that a contract must be:

  • Clear. It should be easy to negotiate and easy to understand by the people who have to perform the contractual obligations.
  • Complete. It is fundamental to identify and assess all the legal risks which are likely to be involved in the deal. The contract should reflect the result of the above assessment in turn.
  • Balanced. The rights and obligations of the parties should be duly balanced.

In order to ensure that, we strive hard to:

  • point clients out the different options for achieving their commercial goals;
  • analyse advantageous and disadvantages of the chosen option;
  • plan a perfect contractual strategy;
  • assess the other party’s negotiation approach and try to reduce eventual points of disagreement;
  • reach a deal which is beneficial for our clients;
  • minimise the legal risks involved in the deal by delivering solutions for any such risks;
  • indicate alternative dispute resolution mechanisms as well as be ready whenever a litigation is unavoidable;
  • focus our attention on the text of the contract and draft an agreement devoid of error.

A contract law specialist is familiar with every aspect of the contractual process. To this end, we can help you in

  • Drafting the Contract 

    Before drafting your contract, we always have a talk with you. We listen to your point of view concerning the contractual relationship between you and the other party. We focus on your goals and demands as well as your expectation. Therefore, we shape your prospects on what you can really achieve by translating it into the contract. With our expertise at your disposal, you can be sure you will get a contract devoid of mistakes and suitable for your needs.

  • Contract Negotiation 

    When negotiating a contract, your counterpart(s) can disagree with some contracting terms and therefore propose changes. This makes the formation of a contract quite long and painstaking. Any mistake in negotiating, in the long run, may imply binding legal consequences and compromise your goals. As a consequence, it is fundamental to address any legal risk at the earlier stage. Our contract lawyers are expert negotiators and can help reach the best solution, both for your and for your business.

  • Contract Litigation 

    We are aware that dispute can always arise under the contract. For this reason, you should carefully address all the dispute procedures aspects before entering into a contract. Whether a litigation comes out, it can compromise your business and implies expensive costs. Our contract lawyers are fully prepared to litigate breach of contract issues and other contract dispute matters.

  • Contract Review 

    Is someone offering you to enter into a contract? Avoid problems by hiring our contract lawyers. Before you bind yourself to the terms of a contract, we review the contracting terms and suggest changes whenever required. By doing so, we make sure you will just sign the contract which best meets your needs.

Why should you consult a contract law specialist?

In view of the legal, technical and practical difficulties involved in dealing with a contract, it is highly advisable to seek the assistance of a contract law specialist, at a very early stage, possibly before signing any document.

To this end, we have extensive experience handling all matters related to contracts for individuals and businesses. Therefore, we can offer bespoke advice and assistance on a wide range of bespoke and international standard forms, including:

  • Distribution Agreement
  • Agency Agreement
  • Joint Venture Agreement
  • Sale and Purchase Agreement
  • Licensing
  • Supply Agreement
  • Franchising
  • Real Estate Agreement – we have solid experience of providing legal assistance in order to the purchase process of a property in Italy.
  • Confidentiality Agreement and NDAs
  • Factoring Agreement
  • Inter-company and Service Agreements

Please do not hesitate to contact us if you have any question about the matters here discussed or any other issue related to contract law. Our quote is free of charge. A contract law specialist looks forward to hearing from you soon.

ANY QUESTION ABOUT CONTRACT LAW? ASK OUR LAWYERS

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The contract: an overview

This section concentrates on some matters that are relevant when considering the contractual process, whether at national or international level. It is intended for information purpose only and does not substitute a legal advice. A specific legal advice should be sough in relation to your specific circumstances. At Palazzo Law Boutique a contract law specialist is always available for legal help.

What is a contract?

A contract is a legally enforceable agreement between two or more parties as long as certain conditions are met. It fulfils several functions. For mentioning some, it spells out the right and obligations of the contracting parties and manage any potential risk arising out of the contractual relationship. Moreover, it outlines a contingency plan for the contracting parties in case that the contractual scheme breaks down.

What makes a contract enforceable?

There are essentially various elements of a contract that make it a legal and binding document. In order for a contract to be enforceable, it must contain:

  • An offer that specifically details exactly what will be provided.
  • Acceptance, or the agreement by the other party to the offer presented.
  • Consideration, or the money or something of interest being exchanged between the parties.
  • The capacity of the parties to contract. It is an element that requires parties to be of mature age, free of mental illness and not intoxicated. In English law, for example, a party may lack capacity if at the time of contracting he/she is either temporally or definitely able to make a decision.
  • The intent of both parties to be bond.
  • Object of a contract is legal and not against public policy or in violation of a law.

Is a contract required to be in writing?

In day-to-day business, according to the law governing the contract, some deals may be concluded with a handshake. In California, for instance, certain agreements can be oral and still be legally enforceable. However, it is always advisable that a contract is written and signed by the parties involved. This will ensure as long as possible that the parties have a clear understanding of their contractual rights and obligations. As opposed, in absence of a written contract, a contracting party might be liable for something he/she never intended.

Contracting parties

The contracting parties may be individuals, corporations, partnership or governments. Therefore, should you deal with an agent or a corporation, for example, make sure that the party you are contracting with has the requisite authority to contract.

Implied terms

When drafting a contract, either intentionally or due to an oversight, you might not regulate some rights and obligations therein.  These terms, s0-called “implied terms”, may be read into the contract pursuant to the law governing the contract.

Can you adapt a contract to changes in circumstances?

Yes, you can. The parties are able to insert into the contract various provisions according to which the contract can be adapted to changes in circumstances. By doing so, they make sure they can face such changes without provoking a breach of the contract or evoking some kind of formal dispute resolutions.

Such provisions include:

(i) Force major clause.

This clause excuses the parties from performing their contractual obligations when certain circumstances beyond their control arise, making performance inadvisable, impracticable, illegal, or impossible. The parties should duly specify such circumstances in the contract.

(ii) Modification clause.

This clause permits the parties to modify the contractual terms according to changes in circumstances.

(iii) Several clause.

It allows the parties to remove from the contract an invalid, enforceable, or illegal clause.

Can the parties renegotiate a contract?

Yes, they can. By means of a renegotiation, once a disagreement occurs, the parties can attempt to find a mutually solution to their difficulties. The redrafted contract should reflect the results of the renegotiation in turn.

In light of the above provided information, it is highly advisable to be assisted by a contract law specialist throughout the contractual process. By doing so, it is possible to address at the early stage legal issues that might arise out under the contract. Please do not hesitate to contact us if you have any questions or any other issues. A contract law specialist looks forward to hearing from you soon.

A CONTRACT LAW SPECIALIST HAS SOLID EXPERIENCE IN NEGOTIATING, WRITING AND REVIEWING INTERNATIONAL COMMERCIAL CONTRACTS

Why do you need a contract law specialist for an international commercial contract?

Unlike domestic contracts, international commercial contracts refer to various legal systems and require more attention to the smallest details. At international level it is fundamental for a party to:

  • research the market into which is planning to export its goods, or in which is looking to supply its services, or in which is looking to contract with a local entity be it as a partner, an agent, a distributor or a licensee.
  • assess the rules and customs of the foreign country as well as conduct research on it.
  • structure an international business plan to evaluate their needs and set their goals. A good business strategy is necessary to understand the options available for engaging an international business as well as the best ways to keep cost low and services high.
  • evaluate and choose the most appropriate entry strategy to enter into the selected market, from licensing a foreign entity to use product technology to manufacture goods, to working with an agent or distributor, opening a branch, setting up a company-owned subsidiary, entering into a joint venture with a local entity, and to  acquiring an existing entity in the target market or merging with one.

By going on, a party contracting an international contract should take into account the following aspects related to the contract:

In light of the above provided information, it is highly advisable to be assisted by a contract law specialist throughout the contractual process. By doing so, it is possible to address at the early stage legal issues that might arise out under the contract. Please do not hesitate to contact us if you have any questions or any other issues. A contract law specialist looks forward to hearing from you soon.

ANY QUESTION ABOUT CONTRACT LAW? ASK OUR LAWYERS

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NEED HELP?

Please contact us if you have any question about the matters here discussed, or any other legal issue. We aim to reply within 24 hours and our quote is free of charge. Moreover, note that your communication with your lawyer is strictly protected by lawyer-client professional confidentiality and privilege.

We look forward to hearing from you soon.

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