Contract Law

Contracts are an essential part of operating any business or organization, but they can also be a source of frustration and headache. At A.Y. Gross Law, we understand how intimidating the contract process can be for everyone involved. Our experienced contract law attorneys in Maryland help clients draft an airtight document, negotiate an agreement that satisfies all parties, and vigorously defend our clients in the case of a contract dispute. Read on to learn how simple and painless the contract process can be!

Contract Drafting

When drafting your own contract, it is important to consult with an attorney to ensure that you have included all the necessary provisions. Does the contract address all of the situations that might arise during day-to-day operations? Does it specify how disputes will be resolved? What will happen if the parties involved become hostile toward one another?

Before you sign any contract or distribute it to other parties, you should always consult with an attorney who has extensive contract drafting experience. While you do not need to have an attorney present for every stage of the process, they should examine each individual clause to ensure that the contract meets your needs. A lawyer can point out inconsistencies or risks that could make you vulnerable, and secure language that strengthens your position in case of a future dispute.

While it may be tempting to simply purchase and customize a stock contract, a contract law attorney in Maryland will be familiar with the specific laws of your state and city. The standardized language included in most stock contracts can contain legal loopholes that are fairly easy to circumvent, and are never designed to have your specific interests protected. Hiring a qualified contract law attorney will help ensure that your contract protects you and your individual needs.

Contract Negotiations

After any contract is written, the parties involved typically begin a process of deliberation to ensure that it meets their specific needs, which can differ quite significantly from each other. The contract is often sent back and forth multiple times and revised extensively by both parties. Many contracts die at this stage because the parties are unable to settle on a document that satisfies both of their needs and protects both of their interests.

For this reason, having an attorney present for this stage is invaluable. Lawyers, particularly those skilled in contract law, bring negotiation expertise and highly sophisticated reasoning to the table. They can build a comprehensive understanding of what each party wants from the contract and find a meeting point that satisfies both. A contract law attorney in Maryland can also offer insight into how the changes made will impact you.

Contract Disputes

Even with a perfectly written and negotiated contract, significant disagreements can still arise. What happens if one of the parties breaches the contract? What if the two parties understood a particular clause in a different way? There are two main classes of contract disputes:

• Material breaches occur when one party fails to perform a contractual duty so essential that the agreement is no longer possible. This most commonly includes issues like fraud and failure to deliver. In cases of material breach, the non-offending party is not obligated to perform their duties set forth in the contract and may also sue for damages caused by the breach.

• Minor breaches occur when one party violates a contract in a way that does not damage the core purpose of the contract. While the non-offending party can still sue for damages, both parties are still required to fulfill their duties for the remainder of the contract.

A dispute or breach can lead to serious problems for your business, and preventing these issues before they arise can save significant time, money, and effort. If these problems do occur, however, a contract lawyer can help the dispute process proceed more efficiently and productively. We help our clients minimize delays, avoid further legal problems, and find a way to resolve the dispute in our client’s favor.

Learn More

At A.Y. Gross Law, we know how important the future of your business is to you, and we understand how hard it can be to find a contract law attorney in Maryland who you can trust. We are a small business too. That is why we offer our clients the most experienced representation possible at the most affordable cost. Give us a call today at (443) 990-0001 or contact our friendly legal team to learn more about how we can put our services to work for you!