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Contracts

It is important to seek legal advice for any drafting, reviewing, disputing or negotiating of contracts to ensure your best interests are kept.

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Why you need a business lawyer for
business contracts

Financial Assets

Drafting and reviewing contracts

Before you accept the terms of a contract, it is important to seek legal advice. Our lawyers have decades of experience dealing with a range of business contracts. We will be able to determine if any terms of the contract are not accurate so you can feel confident you are signing a contract that you fully understand.

Timely Legal Services

Resolving disputes regarding contracts

Contractual disputes can occur between a number of parties, for a number of reasons, resulting in stress and financial strain for all parties. We can help you resolve any disputes that may arise regarding contracts so you can move on as quickly and smoothly as possible. Understanding what you are signing and why you need to sign it can help avoid unnecessary conflict and contractual disputes.

Dispute Resolution

Negotiating agreements

If you are unhappy with a contract, a lawyer can help you negotiate an agreement that will produce the best possible outcome for you. Negotiations can be about any terms of the contract you do not agree with before committing. A lawyer will put your best interests first when negotiating contract agreements and inform you of any risks or benefits of a particular condition.

Helping you understand your legal obligations

The law governing contracts in Australia can be complex and difficult to navigate without seeking legal advice. A lawyer can help you understand your legal obligations and take steps to advance your own personal interests to mitigate the chance of any risks arising down the track.

Frequently asked questions

Contracts are legally binding agreements between two or more parties where the parties have understood what they were doing and had the legal capacity to understand what they were doing.
The circumstances of contractual disputes vary depending on the circumstances of each situation; however, some common examples of contract disputes are about:

- Employment agreements;
- Finance and loan agreements;
- Agreements dealing with the purchase or sale of property;
- Shareholder agreements;
- Contractor agreements; or
- Agreements for the supply of goods or services.

Generally, these types of matters involve disputes over the breach of particular terms within a contract or the meaning of particular terms within a contract.
Every contract must have an offer, an acceptance, competent parties and consideration. Competent parties means that the parties involved understand that by signing the contract, it becomes legally binding. Consideration refers to the exchange of goods or services between the parties involved.
Contracts can be written, oral or a combination of both written and oral terms. However, it is recommended to have a written contract so parties involved can ask questions about the terms before they sign. Written contracts also provide the court with exact terms of the contract if a lawsuit occurs.
A breach of contract occurs if one party doesn’t perform their required obligations under the contract. If you breach a contract you can be exposed to a number of different actions from the other party. Court imposed actions often result in an award for damages for financial losses.
In order for a contract to become legally binding, certain conditions must be met. These are:

- All parties involved in the agreement intend to form legal relations;
- One of the parties makes an offer which is accepted by the other parties;
- Consideration is given for the offer; and
- All parties involved in the contract have the legal capacity to be able to enter into a legally binding contract.
If a contract does not follow the conditions that make it legally binding, it may not be enforceable. A contract can also not be enforced if:

- The contract contains an agreement to do an unlawful act;
- The contract breaches other legal requirements; or
- The contract contains agreements between family members the parties involved did not intend to legally enforce.
Before you sign a contract, you should read it thoroughly either by yourself or alongside a lawyer. You must understand the terms of the contract clearly and what your legal rights and obligations are. This step is important because once you sign the contract, it is legally binding and enforceable.

Why choose us

We will tell you the truth at all times

We will be honest with you about your prospects of success, issues that arise or the commercial viability of your matter. The first time you come to see us, we will tell you whether you even need a lawyer.

We will respect you and your situation

Our job is not to judge anything you may have done. Our job is to guide your matter and actions moving forward to give you the best possible outcome for you, both legally and personally.

We will listen and understand your needs

We will hear not just what you want to achieve, but why you want to achieve it. We will tell you what you need to do to achieve the outcome you are after, legally, practically and emotionally.

We will stand by you all the way

Your matter doesn’t finish once a court order has been made. We will stay on your matter right up until all of the outstanding issues have been dealt with and the court orders are complied with.

We can help you through all aspects of business contracts

Forge Legal’s business lawyers are specialists in all areas of business law and can assist you with all business law matters.

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