top of page
  • Writer's pictureTanya S Osensky

Let them write the first draft? No way!

Steve owns a bakery and is worried about cash flow. He has been discussing a distribution deal with a commercial kitchen, but the discussions quickly got difficult.


He asked me if it would save money if the other side drafted the contract so that he could negotiate the terms and then have me look over the final version before signing it.


Actually, bringing a business lawyer in the early stage provides the greatest advantage. Giving the other side the first draft to review lets you be the one to set the parameters of the deal and establish a psychological anchor for future negotiations.


Steve may know what he wants to get out of the deal business-wise, but he probably doesn’t know the best way to write it. On the other hand, I know what terms matter, and how to write them to protect my client while still being fair.


Even if you hate contracts, you know that they’re important to your business. This is one of those things that are best delegated to someone with the experience and education to get it done right.

Recent Posts

See All

Value of Hiring an Attorney for Contracts

As I mentioned in my last post, I’m not in competition with online services that provide contracts because they can’t – and don’t – give any legal advice. I do. Besides that, I take the time to unders

Me vs. Online Services that Sell Contract Forms

How on earth can I compete with online platforms that offer contracts for a fraction of what I charge? It’s a great question. And here’s my answer: I don’t compete with them. I’m not selling the same

Comments


bottom of page