Any business relationship, from signing a new client to hiring a wedding photographer, can potentially trigger contract disputes. In some cases, these conflicts may be unavoidable, especially if neither party had a lawyer review the contract before signing. Fortunately, you can take a few steps to minimize the risk of disputes when signing your next contract.

How to Avoid Contract Disputes

1. Plan for Unexpected Situations

When negotiating and drafting contracts, many people focus on whether the terms serve their interests and meet their needs. However, many disputes are triggered by unexpected situations that may not be addressed in the contract.

When drafting the contract, consider what would happen if either party were to pass away or go out of business. Having provisions for these situations, as well as the circumstances under which the contract can be renegotiated, will prevent confusion and disputes in the future.

2. Get All Modifications in Writing

After signing the contract, you may find that certain provisions need to be modified. You might need more time than anticipated for a certain part of the project, or perhaps adjusting delivery dates can increase efficiency and reduce the costs.

It’s common to verbally agree on these adjustments to the contract, especially if you’ve developed a strong working relationship with the other party. However, failing to get modifications in writing can lead to misunderstandings and costly litigation later. If either party needs to modify the contract, have a lawyer draft an addendum or draw up a new document.

3. Set Standards

Every contract should specify what’s expected of each party and when the product or services ought to be delivered. However, many people forget to describe what should happen if the quality is less than expected. Should the vendor have an opportunity to make improvements, and who will be responsible for any losses that result from inferior products?

Negotiating these aspects in advance will ensure both parties understand their rights and obligations. Not only can this prevent disputes, but it may also preserve valuable relationships that your business relies on.

If you need experienced lawyers to draft important contracts or settle disputes, contact The Finkelstein Law Firm in Goshen, NY. For over 20 years, businesses have relied on this firm for exceptional legal advice in a wide range of situations, including personal injury and malpractice cases. To schedule a consultation with a lawyer today, visit their website or call (845) 294-9003.