What is a Contract?

Find the right Contract Drafting attorney in Bloomington, IL

A contract in Illinois is an agreement about something 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 generally 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 Bloomington

There is more to a contract than what is required for it to be valid in Bloomington. The individual terms of the contract should all be discussed separately so that the intent of each party is understood by the other. Being upfront about your intentions early on can be helpful, because it allows the terms of the contract to be decided based on clear expectations. Lastly, a clause that determines how to handle a dispute under the contract may be worthwhile to negotiate.

Using a Form Contract

Form contracts can serve as a good starting point for a sound agreement. Lawyers in Bloomington, Illinois often keep past contracts on file, and can add or remove provisions based on the situation. They can also reword the specific language of form contracts to make them more clear. If the parties attempt to use a form contract without an attorney's guidance, there may be risks. First, parties are less likely to read form contracts completely, which may lead to one side being unaware of their duties under the contract. Second, using a contract that someone else has written can obligate the parties to a contract clause that they do not understand. With either a negotiated contract or a form, an attorney can ensure that the written document matches the intent of each party. Lawyers in Bloomington often specialize in Illinois contract law.

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Life in Bloomington

Bloomington is located in McLean County, Illinois. Bloomington is one of the cities that is a part of Illinois "Twin Cities." The other city is adjacent Normal, Illinois. Some other names for Bloomington include "Bloomtown," "B-Town," and "Bloomies."

Some popular attractions in Bloomington include Grady's Family Fun Park, the Pepsi Ice Center, the U.S. Cellular Coliseum, the Bloomington Parks Recreation Department, Miller Park Zoo, Constitution Trail, and the Bloomington Center for the Performing Arts.

Bloomington is also filled with law offices and firms that train competent attorneys to handle any and every legal inquiry. Therefore fellow Bloomies can stay rest assured because their legal needs can be met by Bloomington's legal force.

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