Business Solicitors

What is a contract?

A contract is simply an agreement where money or value changes hands in return for the other party doing something or not doing something which in itself is recognised and enforceable by law. These people or companies are known legally as ‘legal entities’ and come under the jurisdiction of various different laws. Sometimes, the outcome of cases involving companies and contracts can shape the law and therefore contracts and the way they are written is very important.

Does a contract have to be written?

You may be surprised to know that in most cases a deal can be done and enforced without the need for a contract to be written down. The main exception to this however is that transactions involving land and real property must be evidenced in writing and both parties involved must sign the agreement for it to be enforceable under law. It might be fair to say therefore than the ‘real value’ of the thing in question can determine if a written contract involving it is necessary or not.

Company litigation

While there are high street lawyer firms who can deal well with cases involving divorce, criminal issues and debt resolution for individuals, it is often the case that due to the complicated nature of commercial law these firms do not wish to deal with company litigation or if they do, they are unlikely to do it as well as the other types of law. This is simply because you cannot be a ‘jack of all trades’ in law. The legal rules covering these types of cases are so complicated that a solicitor must specialise early on in their career to hope to be an expert. It is for this reason that our company litigation team is comprised of experts with personal experience in dealing with the complicated commercial and company litigation cases that we take on.

The results of a trial

The outcome of a trial involving company litigation or contracts often includes the payment of damages or the order that an initial agreement be carried out as promised. The contractual terms can be upheld, requiring a service to be carried out or a value to be transferred. This can only happen if the contract content is enforceable under law – so it has to be written properly by a trained eye. Hiring an expert solicitor to do this for you in the beginning is the only way to ensure you do not come into trouble thanks to the wording of your contract.

Experience counts

For free advice on how a specialist solicitor might be able to help you with your particular situation, please do not hesitate to fill in the contact form on this web page. One of our friendly, plain speaking experts will be in touch shortly to offer you free legal advice. There is no charge for our service and there is no obligation for you to continue. We help thousands of companies resolve legal matters each year and our experience ensures your peace of mind. We look forward to helping you too in the near future.