What is a Contract?

Find the right Contract Drafting attorney in Downers Grove, IL

A contract in Illinois is an agreement about anything of value between two or more parties who intend the agreement to have legal effect. It may be oral or written, as long as all parties agree to the contractual terms. In business transactions, written contracts are typically preferred for their reliability. These documents are best drafted by those who understand the law, because the very reason for a contract is to legally obligate the parties.

Negotiating a Contract in Downers Grove

There is more to a contract than what is required for it to be valid in Downers Grove. The specific terms of the contract should all be discussed separately so that the intent of each party is understood by the other. The terms of the contract may be determined based on clear expectations if both parties are forthright about their intentions early on. Also, parties may want to discuss whether they need a provision for resolving any disputes under the contract.

Using a Form Contract

If an agreement needs a good starting point, you may want to consider a form contract. An attorney in Downers Grove,Illinois can add or remove terms according to the intent of the parties, and even the specific language can be made more comprehensible so that expectations are clear. However, form contracts can pose problems if they need to be interpreted by courts, especially if they are used without the help of an attorney. First, a party using a form contract may not have thoroughly read all the terms, and can thereby remain unaware of his performance obligations and liabilities if events do not go as planned. Second, form contracts will often contain language that is difficult to understand outside the legal community. This can cause disagreement over the meaning of a term. With either a negotiated contract or a form, an attorney can ensure that the written document matches the intent of each party. Attorneys in Downers Grove often specialize in Illinois contract law.

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Life in Downers Grove

Downers Grove is located in DuPage County, Illinois. Lisle Townships is near. Downers Grove has about over 50,000 people that call it home.

The city's top employers include Good Samaritan Hospital, GCA Services, Sara Lee, Acxium, RR Donnelley, Dover, Magnetrol, HAVI Global Solutions, and Hub Group. The legal industry also has its presence in Downers Grove, with many attorneys practicing law while living here. Therefore, Downers Grove residents will not have any issue receiving excellent legal services.

Some famous residents include Lanny Poffo, Denise Richards, Jim McDermott, Dan LeFevour, Lauren Fros, and Muriel Anderson.

Overall, Downers Grove offers its visitors and residents a wonderful quality of life.

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