The Great Debate: Contract Templates vs. Custom Contracts?
Ever wonder what’s better? Legal Contract Template or Lawyer Drafted Custom Contracts?
We did a whole story about it and posted it on our feed here in case you wanted to see it!
Legal Contract Templates
- Affordable, accessible legal contract templates drafted by a reliable lawyer.
- For a Legal Contract Template to be effective you should ensure the contract was drafted by a lawyer in your industry and niche specific.
- Perfect for Baby Business Owners that do not have a solidified product suite but understand the value of legal and need something affordable to get started in order to test if this new business and industry are a viable option for you.
- Perfect for Beta Testing Business Owners who have an established business but are interested in offering a new service, product or offer and want to test it out before fully investing in it. The idea here is that you invest in a reliable and affordable template to test it out before adopting this new revenue stream into your business.
- Keep in mind that the more specific or unique your business is, that a lawyer drafted custom contract may be your only solution.
Lawyer Drafted Custom Contracts
- A Lawyer is not drafting a generic template, they might be drafting from a template, but every single Contract is highly unique to your business.
- A Lawyer will ask you tailored questions based off of your business and your policies.
- No two businesses are the same, so why should your contract be the same as someone else’s?
- A Lawyer Drafted Custom Contract is exactly what a business owner with a confirmed product suite needs. You want to ensure your product suite is reflected exactly as you intended it to be.
- Every business will have different values, expectations, deliverables and policies you want emulated in your contract. The only way to do this is with a lawyer.
- Industry specific Lawyers know the horror stories of your industry, and they know exactly what needs to be in the contract to protect you. Remember that not every single lawyer is the same. Make sure you go to a lawyer that understands your industry.
Here is the bottom line:
Legal is not a luxury, it is a necessity & you undoubtedly need a Lawyer-Drafted Template.
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