Contract Law

What is Contract Law?

Contract law governs legally binding agreements between parties. A well-drafted contract protects both parties by clearly outlining expectations, obligations, and consequences. NLG specializes in contract drafting, review, and negotiation, ensuring that all agreements are fair and legally sound.

Common Types of Contracts:

• Business Contracts: Agreements with employees, vendors, or business partners.

• Real Estate Contracts: Contracts for the purchase, sale, or lease of property.

• Service Agreements: Contracts outlining the terms of services offered by businesses or professionals.

Why Contracts are Important:

• Clarity: Clearly defined contracts reduce misunderstandings and disputes.

• Enforceability: Contracts provide legal recourse if one party fails to meet their obligations.

• Risk Mitigation: Contracts can include clauses to limit liability and protect your interests.