Elmhurst Business Negotiation Attorney
We review and negotiate your business contracts and work to get you the most favorable outcome.
Get the most favorable deal
Selling your services to another company, starting a partnership, or entering into a mergers and acquisitions agreement is an exciting growth opportunity for any business owner in Elmhurst and Chicago. But sometimes the rush of getting started does not allow you to reflect on whether you can receive better benefits from your transaction.
Our business negotiation attorney will carefully read your existing contract, analyze your alternatives, and strive for getting the most favorable outcome for your business. Our attorney has negotiated matters related to profit sharing, purchase agreements, technology licensing agreements, and other commercial contracts, achieving to get the best deal for her clients at the least risk.
How can a lawyer help me negotiate my business contracts?
The parties of a transaction usually resign to the initial terms of a contract, without knowing that their agreement has not been exploited to its full potential. An experienced contract negotiation lawyer has the ability to identify opportunities that may have been overlooked, and the skills to attain the desired income for her client. Furthermore, a business lawyer acts as a third party, being able to provide an unbiased perspective of the transaction and protecting your interests.
The contract negotiation process consists basically of the following steps:
- The lawyer understands your needs and helps you determine what you want from the contract. Also, the attorney reviews the legal document and explains its key terms, along with the role of the client in the deal and the risks involved.
- Once the client has clearly established the goal of the transaction and received supportive information to back up his demands, he can try to come to an agreement with the other party without the presence of the lawyer.
- If the party was not able to convince the opposing party, the lawyer will intervene and use negotiation techniques to come to an agreement.
- The attorney makes the desired modifications to the contract and sends a copy of this new version to the other party, highlighting the recent changes. This step may include extensive back-and-forth communication until the lawyer helps both parties be satisfied with each other’s proposals
How our flat fee contract negotiation services work
1. Consultation
Schedule a consultation, where we will learn about your personal and professional goals and discuss your options. You will receive a fixed-price quote at no obligation and a description of the scope of our services.
2. Contract review
Once you decide to hire us, our negotiation attorney will review your contract and analyze how each provision affects your business and personal goals.
3. Improvement
We explain your current situation, the risks the contract involves, and how can we make it more favorable for you.
4. Contract Negotiation
Our lawyers work on getting better terms for your business to reach an agreement that matches your goals
Some contracts we can help you with
If your company is located in Elmhurst or any area of Chicagoland, our attorney can assist you legally in the negotiation of the following business contracts:
- Lease agreements
- Partnership agreements
- Asset and stock purchase agreements
- M&A Escrow Agreements
- Consulting and professional services agreements
- Technology and telecommunication agreements
- Buy-sell agreements
- Non-disclosure and non-compete agreements
- Joint venture agreements
- Contractor agreements
- Franchise agreements
Making your business transactions easy
Our business negotiation law firm will help you obtain a more beneficial deal out of your commercial contracts. With our contract legal services, you will be able to:
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Understand where you're standing After the attorney reviews your contract, she will explain to you what are your rights and obligations
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Make informed decisions Confidently enter the contract, knowing what you are dealing with and how you can act in the future
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Get the most out of your contracts Engage in an agreement that brings you the best benefits and is aligned with your personal and business goals.
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Protect your company Prevent disputes and allocate risks evenly between you and the other parties involved
Contract negotiation lawyer Danya Shakfeh
Award-winning attorney
The efficiency of her work and the satisfaction of her clients has made Danya Shakfeh the winner of 9 consecutive Super Lawyer awards.
Over a decade of experience
If you need a lawyer to negotiate your business contracts, Danya Shakfeh is the one you've been looking for. As a business strategy attorney, she has helped hundreds of business owners make the best decisions for their business and save money.
Industries we serve
Transportation
Construction
FAQS about Business Contract Negotiation
What are the best practices for contract negotiation?
Identify your business goals: Be sure that you understand what is the purpose of the contract, what you expect to gain from it, and how accomplishing this goal will contribute to your overall business success.
Start with a term sheet: A term sheet is a not binding draft of a contract. This document contains the main points of the agreement and can be used as a template for the actual contract later on.
Take your time: Before you rush into the negotiation, carefully read the contract and look out for any provisions or legal language that is not clear.
Use the help of a contract lawyer: Even when you are able to understand the implications of your contract, a business lawyer will ensure your agreement complies with Illinois law and help you identify areas of opportunity and risk.
Communicate clearly: As experienced business attorneys, we have been witnesses to distressful business disputes and legal conflicts. The main cause of this is usually one: miscommunication. Express to the other party any concerns you have, your expectations, or any terms you do not agree with. It’s easier to set this up now than in court.
What types of contracts are negotiable?
Contracts that can be modified in the client’s best interest are:
- Real estate contracts
- Commercial business contracts
- Financial contracts
- Franchise Agreements
- Technology agreements
- Manufacturing contracts
- Construction contracts
When should consult a contract negotiation law firm?
Ideally, you should hire a corporate lawyer at the moment you start informal discussions for a business transaction. Before you enter an enforceable agreement, a lawyer can help you write a non-binding term sheet that will contain the preliminary terms of the negotiation. Getting ahead of the opposing party and understanding the implications of the deal will place you at a more advantageous position in the deal.
However, if there is already a contract in place, ensure you consult with a negotiation attorney before you sign the agreement. A business lawyer will help you decide whether to move forward with the deal and advice you on what modifications will be more beneficial for you, in case you want to continue.
What kind of businesses does the law firm serve?
Motiva Business Law serves clients from all industries. This includes (but is not limited to):
● Manufacturing
● Technology
● Restaurants and hospitality businesses
● Retail
● Construction
● Services
In what area does the law firm serve?
Motiva Business Law serves clients from all industries. This includes (but is not limited to):
● Oak Brook, Du Page County, Melrose Park, Bensenville, Villa Park, Westmont, Bloomingdale, Lisle, DuPage County, Wheaton, Cook County, Chicago, Will County, Elmhurst, Geneva, Oak Park, Hinsdale, Burr Ridge, Darien, Downers Grove, Lombard, Willowbrook, Westchester, Villa Park, Addison, Bensenville, Elk Grove Village
Legal
Contact us
(630) 517-5529
©2023 Shakfeh Law LLC
d/b/a Motiva Business Law
From our office in Oak Brook, Illinois we serve businesses throughout the area including but not limited to DuPage County, Cook County, Chicago, Will County, Elmhurst, Geneva, Oak Park, Hinsdale, Burr Ridge, Darien, Downers Grove, Lombard, Willowbrook, Westchester, Villa Park, Addison, Bensenville, and Elk Grove Village.