Business Formation and Contracts
Business Formation. The law provides a number of different ways to organize and structure a business venture, each with its own pros and cons. The attorneys at The Spencer Law Firm can explain to you the different business organization options available to you and advise you on how these various structures can impact your given circumstances. There is not a one-size-fits-all approach to structuring a business enterprise. Individual goals and circumstances must be taken into account when deciding which structure works best for you, both in the near term and in the long term.
Contracts. One of the most important freedoms recognized by the law is the freedom to contract. Parties are generally free to agree to anything that is not illegal or against public policy, and then to rely on the courts of law to enforce those agreements. Contracts can easily become, however, a trap for the uninformed. A long history of contract interpretation by the courts and a whole universe of laws passed by the state and federal legislatures exist that can impact the effect of a contract without one or more of the parties to a contract even being aware of their existence. The Spencer Law Firm strongly encourages its clients to have a written contract in place to memorialize the terms of every business arrangement. The combined experience of The Spencer Law Firm in drafting and negotiating contracts can help you ensure that your business arrangements are formalized in a manner that avoids all the relevant legal pitfalls and that, should something go wrong, you can look to the courts to enforce your contractual rights.
Additionally, many clients frequently find themselves in contract disputes without a sufficient understanding of their rights and obligations. Similarly, clients all too often find themselves in disputes with little more than an undocumented understanding of the business arrangement. The Spencer Law Firm stands ready to bring its decades of experience in such matters to bear to avoid litigation altogether or, if litigation is inevitable, to position our clients in the best stance possible entering into litigation.
