What is a Contract?

Crossett Contract Drafting Attorneys, AR

Find the Right Lawyer Now

A contract in Arkansas 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. A written contract is generally preferred by most businesses, because that make the agreements more reliable. Contracts may involve legal principles, so they are best formed with a clear understanding of the law.

Negotiating a Contract in Crossett

There is more to a contract than what is required for it to be valid in Crossett. The individual 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.

Find a Crossett Lawyer that Specializes in Your Area of Need:

1 Business - Transactional cases posted to LegalMatch lawyers in Crossett

Contract Drafting Attorneys and Law Firms in the Largest AR Cities

Show Arkansas Cities

Using a Form Contract

Using a form contract as a baseline for your agreement may save you time. Attorneys practicing Arkansas law in Crossett can be helpful in selecting the right form, and can also revise the contract to make it the best fit for your individual situation. There are risks in using form contracts without the help of an attorney. First, form contracts have the tendency to go unread. Any party who does not carefully review all the contract terms can be left unaware of their obligations under the contract. Second, using a contract that someone else has written can obligate the parties to a contract term that they do not understand. An attorney can ensure that a written contract matches the intent of the parties, both with form contracts and in negotiations. In Crossett, many attorneys specialize in Arkansas contract law.

Find the Right Lawyer Now

Breach of Contract Lawyers in Other Arkansas Cities and Towns

Need a Business Lawyer?

No obligation - Lawyers compete for your case. Choose your issue & get started now: