Contracts regulate the rights and obligations of the parties entering into a business relationship or transaction, and contracting parties independently or by professionals – attorneys or notaries draft the contracts.
In addition to their time, the contracting parties invest significant resources, property and money in the contract. It is extremely important that the contract reflects the true nature and the parties’ agreement in clear and legally binding manner. That is why it is crucial that the attorney who drafts the contract or evaluates the final contract contributes to avoiding any possible future misunderstandings and disputes regarding the interpretation of the contractual provisions.
Attorney at Law Omanovic Berina represents both individuals and legal entities when drafting contracts, evaluating contracts, interpreting contractual provisions and contractual disputes. Since the best remedy for avoiding contractual disputes and litigation is preventive evaluation of contracts and drafting of contracts by attorneys, Attorney at Law Omanovic Berina is most often called for professional and safe drafting of contracts and other documents, interpretation of contracts, initiation of judicial resolution of client’s contractual rights as well. Some of the most common types of contracts that Attorney at Law drafts or assist in drafting include:
- Preliminary contracts
- Employment contracts
- Sales contracts
- Consulting contracts
- Non-competition clauses
- Lease contract
- Founding contracts for beer companies
- Loan contracts
Proper drafting of a contract is very delicate and if the contract is not properly drafted or contains unspecified norms, it can result in great liability. This becomes especially important in the case of very valuable contracts concerning real estate investments. Domestic legislation requires certain mandatory elements for individual contracts that non-attorneys can easily overlook, especially if they use standard contracts that they fill out in their own.
A high-quality contract drafted by the Attorney at Law will reduce the possibility of misunderstandings and disputes and on the other hand, it will provide maximum benefits for the party.
Negotiating and drafting contracts is a key part of any business, to which many owners and managers pay insufficient attention. As your business operations consist of the sale of goods or services, the ability to provide a service in a legal way and at the same time profitable for your organization and in a way that limits your liability, creating quality contracts is a very important factor in protection of your business interests.