What is a Contract?

Find the right Contract Drafting attorney in Oklahoma City, OK

In Oklahoma, a contract is different from a normal agreement in that the parties to a contract intend their agreement to have legal effect. Contracts might be oral or written, as long as both parties have the same understanding of the terms of the agreement. 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 Oklahoma City

Along with particular clauses that should be included in every Oklahoma City 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 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

It may save you time to use a form contract instead of drafting your own. Even so, you may want an attorney in Oklahoma City, Oklahoma to add or remove clauses, or to simply make the contract language more clear. If the parties attempt to use a form contract without an attorney's advice, there may be risks. First, parties using form contracts often do not read all the clauses, and can therefore be unaware of their obligations under the contract. Second, the challenging language used in the field of contracts can make agreements written by others challenging to understand. An attorney can ensure that a written contract matches the intent of the parties, both with form contracts and in negotiations. In Oklahoma City, many lawyers specialize in Oklahoma contract law.

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Life in Oklahoma City

Oklahoma City, Oklahoma is the capital of, and largest city in, the state of Oklahoma. It has a population of over 551,000 people, and its greater metropolitan area has over 1 million residents.

Oklahoma City, Oklahoma is home to a growing and diverse economy. It was once a major center for government employment and energy exploration, but its economy has transitioned into more stable and diverse sectors, helping to secure relative economic stability. In 2008, Forbes Magazine named Oklahoma City as one of the most "recession-proof" cities in the U.S. Its economy currently revolves around information technology, service, health care, and administration. It is home to 2 Fortune 500 companies, both of which are in the energy sector.

Oklahoma City has, unfortunately, become strongly associated with the 1995 terrorist attack against the Alfred P. Murrah Federal Building, which is still the largest act of domestic terrorism in U.S. history. It should be obvious, however, that Oklahoma City is far more than the site of a historic tragedy, and has a great deal to offer residents and visitors alike.

If you live in Oklahoma City, and need legal services, it's very likely that an Oklahoma City, Oklahoma attorney can help you.

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