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A contract is a written understanding between two or more parties with regard to setting forth the terms and conditions of their business arrangement. In my experience, the best contracts are ones that are clear and concise. My goal is to have a common understanding – a meeting of the minds if you will – between the two parties. My goal is to never have a contract that I’ve drafted end up as part of a litigation. The goal of the contract is to just have a memorialization of what each party wants and what each party needs to do to satisfy the business relationship.

This informational blog post was provided by Alexis Soterakis, an experienced New York Corporate Business Law Lawyer.