Do You Need a Lawyer to Review Contracts?

Do You Need a Lawyer to Review Contracts?

Do you really need a lawyer to review contracts? After all, you’re a smart person and can read it yourself, right? Why spend the money to have an attorney double-check it to make sure everything is aligned? 

The short answer is this: by hiring a lawyer, you spend a small amount of money now to prevent losing a lot of money later. Here are a few reasons why you should have a lawyer review business contracts. 

Lawyer Contract Review Reason #1: Avoid Pitfalls

The main reason to have an attorney look at your documents is to help you avoid potential pitfalls later on. For example, an attorney can identify if there is unclear language in the document which could lead to an issue later. A business contract is no place for gray areas. 

You want a contract to be very clear. Any kind of ambiguity opens a door for issues to walkthrough later on. But what seems clear to you or the other party may not necessarily be clear in the legal world. That’s why you need a set of eyes looking for these types of litigation gray areas. 

Lawyer Contract Review Reason #2: You Aren’t an Expert

You’re an expert in your field. That’s why other people or companies pay for your products and services. They trust in your skills and knowledge, which is how you’re able to produce something valuable enough to sell.

Are you an expert in contracts? No. Just because you’ve signed contracts in the past doesn’t make you an expert. It does give you an idea of what to look for, but it doesn’t mean you can rely completely on yourself in this matter. 

This is different than trying to do a basic maintenance task around your house, or learning how to use a new piece of software. Those things don’t have the potential to cause massive damage to your company and reputation. 

Contract lawyers, on the other hand, are experts. Let them do what they do best so you can do what you do best. 

Lawyer Contract Review Reason #3: Fight Fire with Fire

Contracts are usually a bit one-sided when they are first drafted. Whoever creates the first draft has their (or their client’s) interests in mind. That’s fair and makes sense, but it doesn’t mean you can’t do something about it. 

Hiring a contract attorney to review the document helps you balance the document so both sides win. The lawyer will be able to identify things that seem out of place and can recommend a change. They may also come up with ideas on what to add so the document is more reflective of your interests. 

Can you try to do these things without help? Sure. However, a fresh set of eyes from your attorney can make all the difference. It’s the same reason why authors hire editors, companies hire 3rd parties to perform market research, etc. 

So do you really need a lawyer to review business contracts? Yes – we protect your interests and help you avoid major problems down the road. 

Do you have a document you need to be reviewed? We’re here for you, click here to contact Von Esch Law today.

Spousal Support 101 - The Basics

Spousal Support 101 – The Basics

What is spousal support? How is it determined? This article explains what it is, how it’s calculated, how long it lasts and more. 

What is Spousal Support?

You’ll often hear spousal support and alimony used interchangeably. That’s because they are essentially the same thing. They are both payments for the support of an ex-spouse ordered by the court. This can include a number of things, and every case is a bit different. 

For example, one person may need to provide spousal support to cover just about everything: the house, car, food, clothing, etc. However, another individual may only need to provide enough money to cover the ex-spouse’s car or mortgage payment. 

How is Spousal Support Determined?

It depends on the current status of both the contributor and recipient. If the recipient has a successful career and is able to take care of themselves, the amount will likely be a lot less. However, if the recipient is raising kids full-time and unable to have a career, the amount will likely go up. 

Another factor is current lifestyle. What is the current lifestyle of the recipient? Do they live in a 5 bedroom house with a swimming pool in an expensive part of town? Or do they have a lower-priced home out in the suburbs or a rural area? These factors come into play as well, because the goal of the court is to avoid major lifestyle impacts. 

These are just a few factors. There’s even more to consider here:

  • Education level of the recipient: Are they educated enough to have support themselves and their dependents, or will they need to go back to school?
  • Age and physical condition of the recipient
  • Financial condition (i.e. assets available)
  • Length of the marriage
  • The ability of the contributor to both support the ex-spouse and him/herself

As you can tell, there are many gray areas with spousal support. It doesn’t have the same kind of strict guidelines we see with child support. 

How Long Must Spousal Support be Paid? 

Again, this is a bit of a gray area. It’s common for spousal support to be rehabilitative. That means it only lasts long enough to help the ex-spouse get back on their feet. That could mean finishing their education, landing a good job, etc. 

Sometimes it lasts a bit longer though. If the divorce decree doesn’t have specific termination criteria then the payments must continue until the court orders otherwise. One example that can cause the court to order a change is marriage. If the recipient remarries, the court usually determines the spousal support no longer needs to be paid. 

One thing to keep in mind is that times are changing. It used to be that spousal support was almost always a man sending financial support to his ex-wife. There is a trend of more women giving spousal support to men since the number of women in the workforce has increased. There is also a trend of more same-sex cases, where the ex-spouse with the highest income has to provide spousal support to their ex-spouse. 

For more personalized advice on spousal support, give us a call at 714. 456. 9118 or send us an email at info@voneschlaw.com. We look forward to hearing from you.

Courtesy of Cuselleration