A contract law attorney helps clients draft, understand and dispute contracts. They assist in a wide range of transactions, including business acquisitions and mergers, real estate deals, intellectual property matters (trademarks, copyrights) and employment agreements. They may also work on complex tax contracts.
What are the 4 steps in contract law?
Lawyers who specialize in contract law attorney must first pass the bar exam, a difficult and time-consuming process that requires extensive preparation. Once they have passed, these legal professionals may take a variety of jobs to gain experience in the field. Some work on a full-time basis at firms, while others are employed by in-house counsel departments of businesses and companies.
In addition to drafting new contracts and reviewing existing ones, a contract law attorney can assist in negotiating and interpreting contracts, as well as filing breach of contract lawsuits. They can help with a wide variety of contracts, including those related to real estate transactions, intellectual property issues, business acquisitions and mergers, employment agreements and securities offerings.
Contract attorneys must also stay current with changes in the law and industry practices. This is important to ensure they are able to advise their clients on the latest developments in contract law and best practices.
One of the biggest concerns clients have with contract lawyers is their use of boilerplate language, which is standard wording commonly repeated in contracts across industries. While it may be necessary at times, excessively using boilerplate language can indicate an attorney’s lack of interest in tailoring a contract to the specific needs of their client.