What is a Contract?

Find the right Contract Drafting attorney in New Orleans, LA

In Louisiana, 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. The reliability of written contracts generally make them the preferred means for businesses to transact. Since the intent of a contract is to be legally effective, they are best formed by those who understand the law.

Negotiating a Contract in New Orleans

Along with certain clauses that should be included in every New Orleans contract for it to be valid, it is important to adequately discuss each term to make sure that the intent of each party is understood by the other. Being upfront about your intentions can help the contract goal of mutual understanding of expectations. To conclude negotiations, you may want to include a clause that determines what is to be done if a party fails to meet its duty.

Using a Form Contract

Many New Orleans, Louisiana lawyers use form contracts as a template for any new agreement. The attorney will add or remove contract provisions that the parties want, plus modify the specific language of the form contract to meet the parties' needs. This usually saves all parties time and money. There are risks to using a contract that neither party has written, particularly if you proceed without the guidance of an attorney. First, parties using form contracts often do not read all the clauses, and can therefore be unaware of their obligations 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 New Orleans often specialize in Louisiana contract law.

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Life in New Orleans

New Orleans is the largest city in the State of Louisiana and know to most as "The Big Easy" but locals just call it "Nawlins." Despite natural disasters of the past few years, New Orleans has rebounded back once again and plays host to one of the most unique multicultural communities in the entire United States. New Orleans is famous for being the birthplace of jazz, Creole cuisine and culture, and their annual blowout celebrations like Mardi Gras during Spring Break. In fact, tourism plays a major role in the New Orleans economy. It has been consistently voted one of "America's Favorite Cities" by Travel Magazine. New Orleans' sports teams like the Saints and Hornets, local universities like Tulane and Loyola, and cultural attractions like the French Quarter draw a high number of visitors.

The City of New Orleans is known globally for its diverse representation of unique architecture. The Port of New Orleans is touted as one of the busiest and most expansive in the world. The city is a major southern hub for transportation and distribution. Acme Truck Line and Boh Brothers Construction are two of the city's significant employers. In addition to oil refineries and chemical production, New Orleans is home to the second largest coffee roasting plant in the world. It's owned and operated by Folgers Coffee.

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