What is a Contract?

Find the right Contract Drafting attorney in Bloomington, IN

In Indiana, when two parties come to a mutually understood agreement that they intend to have legal force, a contract is created. There are both written and oral contracts, since all that is required is that the parties agree and understand each other. Most businesses want to solidify their agreements in writing so that they can rely on them in the future. Since many legal principles might be involved, drafting a contract works best when done with as much knowledge of the law as possible.

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. The terms of the contract may be decided based on clear expectations if both parties are upfront 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

Using a form contract as a baseline for your agreement may save you time. Lawyers practicing Indiana law in Bloomington 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 guidance of an attorney. First, using a form contract makes it more likely that one of the parties will not have understood the clauses. This can lead to them being unaware of their duties under the contract. Second, form contracts often contain language that is particular to the field of law, and using forms without an understanding of this language can cause future disagreements over a contract's meaning. 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 Indiana contract law.

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Life in Bloomington

Bloomington has been named a Tree City for more than 20 years and serves as the seat of Monroe County. Home to more than 70,000 Indiana residents, Bloomington plays host to a number of institutions of higher learning like Indiana University School of Law, Jacobs School of Music, and the Midwest Proton Radiotherapy Institute. Bloomington is also home to a number of experienced lawyers. Bloomington lawyers are licensed to practice through out the state and helped work on the movie Breaking Away which was filmed in Bloomington. It featured local quarries and a reenactment of Indiana University's Little 500 bicycle race.

Citizens and visitors of Bloomington are offered a thriving arts and cultural scene. Amateur theater companies like the University of Indiana Department of Theater and Drama, Bloomington Playwrights Project, and Theater of the People. Many performances are done at the famous Buskirk-Chumleuy Theater, a 616 seat vaudeville and movie house that was erected in 1922 and known locally as the "Indiana Theater." Many folks also frequent the happening music scene in Bloomington which hosts a large folk punk rock following. Bloomington is a popular concert tour stop for bands and fans come from around the nation to see their favorites play. 

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