What is a Contract?

Find the right Contract Drafting attorney in Parsippany, NJ

When parties to an agreement intend it to have legal effect, that agreement is called a contract. In New Jersey, contracts might be oral or written, as long as both parties have the same understanding of the terms of the agreement. Businesses most often prefer the reliability of written contracts in their transactions. These instruments are best written by those with an expertise of the law, since the intent behind a contract is to give it legal effect.

Negotiating a Contract in Parsippany

Negotiating the particular terms of a contract is crucial. There are several terms that should be included in every Parsippany contract to ensure that the agreement protects the interests of the parties. 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 New Jersey law in Parsippany can be helpful in selecting the right form, and can also revise the contract to make it the best fit for your individual situation. If the parties attempt to use a form contract without an attorney's advice, there may be risks. 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. Whether you negotiate or use a form, an attorney can help ensure that the written contract matches your intent. Many lawyers in Parsippany are experts in New Jersey contract law.

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Life in Parsippany

Parsiappny, a.k.a. Parsippany-Troy Hills Township, is located in Morris County, New Jersey. The name stems from the Native American word "parsipanong," which means "the place where the river winds through the valley." In 2006, Money Magazine ranked the city seventeenth amongst The Best Places to Live in the United States. In 2008, the rank increased to thirteenth.

The city is also known because it has been referenced in both television and films. References include the television sitcom Seinfeld, specifically "The Mom Pop Store" episode. Film references include The Ex, Beer League, and The Karate Kid.

Many attorneys practice in Pasippany. These attorneys focus on providing personalized legal services to their clients. Therefore any and every legal need of residents and businesses can easily be handled by the legal force in Parsippany.

Famous residents include Keith Ferris, James Jean, Jeff Koyen, Robert Lazzarini, Johnnie Moran, Joe Orsulak, Angelo Savoldi, and Chris Singleton.

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