The depth of experience and range of expertise among our team of Business Lawyers, combined with our ongoing commitment to provide our clients with the highest level of service, means that we work hard to understand our client's business and its needs so as to always deliver a service that is effective, focused and great value for money.

Business Contract Lawyers NSW

Do you need a business contract prepared or legal advice on an existing business contract?

Our Business & Commercial lawyers provide professional and practical advice on a broad range of contractual issues related to business. This includes the drafting and negotiation of all types of business contracts and commercial agreements.

What is a business contract and are they legally binding?

Business contracts (often referred to as commercial contracts) are legally binding agreements between two or more parties which state the rights and obligations of those parties concerning a particular transaction, arrangement or other business dealing.

Business contracts may apply to one-off transactions or to an ongoing arrangement that lasts for many years.

See Also: Business Contracts: The Devil is in the Details

What are the different types of business contracts?

There are many different types of business and commercial contracts. Some of which are listed below:

What is the general process for preparing a business contract?

  1. Information Exchange – Two or more parties exchange the necessary information, usually on a confidential basis.
  2. Discussion and Negotiation – The information that has been exchanged is further discussed between the parties (usually without lawyers) in order to provide clarity about the rights and obligations of each party and the key terms of the transaction or arrangement.
  3. Contract Preparation – The parties involved will instruct their lawyers to document the key aspects of the agreement. The lawyers will together work towards preparing a written commercial agreement that reflects their respective clients’ instructions. There will inevitably be matters that arise that require further negotiation. Once both parties and their lawyers are satisfied, the business contract will be signed.

Should a business contract be verbal or written?

Business contracts can, technically, be verbal or written and they are both maybe enforceable, depending on how they are structured.

However…

the reason it is best to enter into written commercial agreements and business contracts is that it is much easier to prove the existence of a written contract (and its terms) than a verbal contract.

In addition, a written business contract will assist in mitigating or avoiding disputes down the track.


Related Services

What Our Clients Say

Get Help

Please provide details regarding your matter so we can assist you.

We respond in 24 hours or less!*

*During regular business hours

Liability limited by a scheme approved under Professional Standards Legislation

Send us a Message

  • This field is for validation purposes and should be left unchanged.

Contact Us

Free Call 1800 994 279
  • Newcastle 02 4904 8000
    1st Floor, Charlestown Commercial Centre
    29 Smith Street
    ,
    Charlestown, NSW, 2290
  • Central Coast 02 4353 4222
    Zenith Business Centre
    Tuggerah Business Park
    Suite 7.2, Reliance Drive

    Tuggerah, NSW, 2259
  • Sydney CBD 02 8076 6002
    Level 8, 65 York Street
    Sydney, NSW, 2000
  • Parramatta 02 8896 6280
    Level 15 Deloitte Building
    60 Station Street

    Parramatta, NSW, 2150