“An ounce of prevention is worth a pound of cure.” “Penny-wise, pound foolish.” “A stitch in time saves nine.” Few would doubt the universal application of these time-honored pearls of wisdom. Yet when it comes to legal documents, common sense goes by the wayside.
Contract? What Contract?
As a litigation attorney, there have been instances too numerous to count where a potential client calls me about a legal problem. When I ask to review the contract or document at issue, I’m usually met with a response that there is no document or, if there is one, it was not drafted by an attorney. The client then spends thousands of dollars in legal fees correcting a problem that should have been avoided in the first place.
As a commercial property landlord or tenant, one of the best ways to protect yourself is by using a lease agreement that has been thoroughly reviewed and vetted by an experienced attorney. Among other benefits, a professionally drafted commercial lease will eliminate ambiguous language, decrease the likelihood of producing unintended results and allow the parties to enjoy the benefit of their bargain.
October 13 C-Suite Speaker Series
If you want to learn more, join us for the next installment of Henderson Franklin’s C-Suite Speaker Series on October 13, 2016, from 5 pm to 7pm. My colleague, Edward Canterbury and I will review critical terms that must be included in your lease agreements. We will also discuss the best ways to increase the likelihood of success should you find yourself embroiled in litigation over a less-than-ideal lease agreement. The event is complimentary, but you must pre-register. To register now, please click here.