Which Is The Best Law Firm For Contract Or Legal Document Drafting ?

The process of creating legal documents including necessary instructions which are to be followed by the parties signing the contract is referred to as contract drafting. Contract drafting is a different concept from other documents as it requires the proper use of legal terms.

Contracts or agreements are the backbone of the corporate world. It is, therefore, important that  contracts or agreements are drafted in a precise manner so that no loophole can be found in the contract  which would later be used against the parties of the contracts.

A contract drafted carefully could help you save any future liability or any unnecessary complexity which is presented during the course of such a business transaction. Lead India could help you with the process of drafting the contract documents as well as interpreting such contractual documents, therefore you can rest assured that we not only help you with legal document drafting but also take all necessary precautions before a contract has been executed. Thus, if you wish to contact a contract review lawyer, you may contact us.

Properly drafted contracts enable the company to enter a new market or help such a company extend the scope of business opportunities. A legal document can help you prevent copying any such  sensitive information by the competitors. Various contracts or key legal documents necessary for startups or any business matter have been discussed here under.

  • Non-Disclosure Agreement
  • In order to maintain a competitive advantage, any business, even a startup, must safeguard its innovative concepts, any new products that are essential to the business, and any other relevant information. If not, these vital details run the risk of falling into the hands of competitors. A NDA or Non-Disclosure Agreement is the type of legal document helping you ensure the confidential information of a company. 
  • NDA includes such a clause specifying that if any confidential information has to be returned or destroyed as well as the manner in which the destruction so mentioned must be done. 
  • A contract will also include remedies or penalties in case there is a breach of contract. 
  • Trademark
  • Such specific signs which would help differentiate between the goods of one enterprise from the other are known as trademarks, which are provided under the Intellectual Property Rights. A registered name can help you secure the business by creating a brand image with passage of time. 
  • As provided by the Ministry of Industry and Commerce, the Controller General of Patents, Designs and Trademarks trademarks would be registered in India, as has been mentioned under the Trademark Act, 1999. 
  • By having a registered trademark, legal protection is provided to products of the respective  company from being copied and fake products being sold in the market in the name of such company, which if not taken care of will greatly damage the product. Legal action could be initiated against the wrongdoer in case it copies your products or sells products under the trademarks of the company. 
  • Employee Contracts
  • Several legal documents are required when hiring a new worker. Employee contract is a legal document signed between an employer and his employee defining the rights and responsibilities of the employees employed by the company or owner of a business. 
  • These employee contracts ensure legal obligations and the expectations of the company and the employee so as to minimise any future dispute. The contract signed  before employing will be helpful if you wish to ascertain that the prospective employee  would not leave the employment too soon, or disclose any sensitive information related to your business with the competitors. 
  • Non-competition clause- A separate agreement has to be prepared for this clause or such clause can be included in the employment contract as well. A non-competition clause, would forbid the employee appointed from engaging in any business or operation in competition with the business of the company or services provided by the company for a fixed term agreed in the contract. 
  • draft contract for employees also includes roles and responsibilities or the scope of work of an employee as well. Additionally, it would outline the responsibilities required of the worker during his employment.
  • Terms and Conditions
  • Establishing the terms of doing business with your clients in advance is crucial during a commercial transaction. Say for instance, you are the supplier or a purchaser in  a business transaction, it is necessary to have drafted a contract containing the terms and conditions required before finalising a deal. 
  • The terms and conditions in the contract must include the procedure of payment, distribution of  goods or services included in the contract, any cancellation policy, or  other details necessary for  proper completion of a business deal. 
  • The contract, therefore, would  include liabilities and rights of the parties in case a negative  situation arises affecting the business.
  • For any other document
  • Even for other documents necessary for day to day life events or any other matter which has nothing to do with a business transaction, such as a lease agreement or sending a legal notice in a cheque case or divorce matter, one would need the guidance from an experienced lawyer for drafting proper legal documents. 

Why is appointing an advocate important ?

Legal contracts or other important official documents are required when doing business, buying or selling real estate properties, or when negotiating an agreement. Contract drafting is an important task which plays a huge role ensuring that the terms of a contract, lease, authorization or any other detail mentioned in the contract are properly accounted for.

A contract well drafted as well as properly reviewed is very important, hence it is extremely important to appoint  a document review lawyer who could draft a beneficial and legally binding contract without fail.

You may seek assistance from experienced advocates referred to you by your friends or relatives or seek legal guidance online from lawyers. If you wish to ask a legal question or seek free legal advice, you may contact us at Lead India.

SOURCE:-

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