Chicago Business Contract Lawyer
Why Having a Lawyer For Your Contracts Helps Your Deal
Illinois contract law is an area of law that is a mix of different practice areas and has many applications. For example, Illinois contract law can connect to employment law, vendor contracts, real estate contracts, or purchase agreements. However, there are unique Illinois principles. For example, unlike in some states, Illinois may not enforce a “no oral modification clause,” which is a clause whereby the parties agree to only allow changes to a contract to be in writing.
Even if your written contract states that modifications to the contract must be in writing, an Illinois court may still honor the oral modifications. Another unique Illinois law is the Automatic Contract Renewal Act (“ACRA”) which requires contracts with consumers containing automatic renewal provisions in service contracts to be clear and conspicuous, and that the consumer be notified no less than 30 days nor more than 60 days before their contract automatically renews, if the initial contract is 12 months.
We need contracts because they clearly define terms and conditions, making sure everyone involved understands their roles and responsibilities. Clear contracts help business owners avoid misunderstandings and disputes. They can also keep you out of court, saving time and money. Our law firm has experience with both domestic and international contracts. At Motiva Business Law, our Chicago business contract attorneys can help with:
Contract Reviews: We make sure the contract you’re entering protects your interests and explain the terms in plain language.
Contract Writing: Our attorneys will write the agreements your business needs to grow, ensuring your business is protected.
Contract Negotiation: If you’re not happy with the terms, we help you negotiate a fair agreement that aligns with your goals and interests.
Whether you’re sealing a deal on Michigan Avenue or expanding your operations to the suburbs, a skilled business contract lawyer can be your strongest ally.
Motiva Business Law Offers
- Vendor Contracts
- Contract Reviews
- Contract Negotiation
- SAFE Agreements
- Convertible Notes
- Master Service Agreements (MSA)
- Employee Agreements
- Employee Handbooks
- Joint Venture Agreements
- Website Terms of Service
- Non-Disclosure Agreements
- Non-Compete Agreements
What contracts can we help with in chicago?
Business-to-Business Contracts
B2C Contracts
Partnership and Shareholder Agreements
Sale and Purchase Agreements
Franchise Agreements
Terms and Conditions
Achieve Goals
Our contracts are tailored to support your business objectives and make sure you get all the growth without all the legal complications.
Avoid Legal Issues
We implement protective measures to prevent disputes and liabilities, saving you significant time and money.
Strengthen Business Relationships
We work hard to make sure there is clarity and alignment with your partners and collaborators to reduce the risk of conflicts.
Why should i work with Motiva Business Law in Chicago, Illinois?
Fixed Fees: For your convenience, when possible, we offer a fixed fee that you will be informed of before hiring our services.
Continual Communication: Our contract attorneys will inform you of the progress of your matter and ask for your feedback.
Law Made Simple: Our business contract lawyers will explain in detail the implications of entering the deal.
Experienced Strategy: Our contract services are done according to your objectives and aim at the growth of your business.
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What Our Clients Say
Business Contracts in Chicago FAQ
Business contracts have two main purposes: 1) to spell out the parties’ obligations and rights and 2) to protect the parties in case there is a breach. Accordingly, each contract should at least have a clear start date, end date or event, clear scope and fees, representations and warranties (or disclaimers), and should clearly state the parties. Additional helpful terms include confidentiality clauses, non-solicitation clauses, and remedies in case of a breach.
You “can” use a template but it’s not the best approach, especially when there is a lot of risk. Every transaction is different and templates do not take that into account. In our experience, one of the biggest reasons businesses end up in court is due to not having a contract that is specific to their own situation.
Business contracts clearly spell out everyone’s rights and duties so there is no “he-said/she-said” disputes later on. Also, clearly outlining the parties’ representations and warranties allow for clear remedies if there is a lawsuit.