Business Law Lawyer Chicago, IL
If you are in a business contract with another party and are hoping to make an amendment to this contract, it can be helpful to work with a business law lawyer in Chicago, IL from Bott & Associates, Ltd. There are many reasons that a person may want to make a change to a contract, including:
- Making a correction to a minor (or major) error in the contract
- Taking out part of the contract that is no longer applicable
- Adding in additional information to the contract
When you make an amendment to a contract, this does not mean you are trying to throw out the old one and write a new one. Instead, you want to replace or re-work some part of the contract and have both parties agree. This may mean that you would like to extend the contract to have more work done at a later date. Or, you may wish to change details about the goods you are getting. In either case, a contract amendment would be appropriate. If you are hoping to change the heart of the contract or scrap it and start fresh, a Chicago, Illinois business law lawyer can work with you through this process to make sure you are doing the best thing for your company while not breaking any laws.
When you make any contract amendments, your attorney can ensure you are using precise and specific language. This can help things go smoother when the other party needs to look it over.
What if I Wish to Make a Change Before the Contract Is Signed?
If you have not signed the contract yet and you are not satisfied with the agreement, you can still make changes but these are not considered amendments. In many cases, before a contract is signed, you or the other party may notice errors and make minor changes. Often, you can strikethrough the errors and both parties can initial by the chance.
When you are entering into a contract with someone else, it is important to have a lawyer with you so that they can review the contract and make sure the other party is not trying to take advantage of you.
When you are running a business, you want to make sure you are protecting your goals, your employees, and the way you do business. If you are just starting your business or would like legal representation when you enter into contracts with other businesses, call Bott & Associates, Ltd. Our Chicago, Illinois business law lawyer can help you.