You’ve been handed a contract. Maybe it’s for a new job, a vendor agreement, a lease, or a business partnership. It’s 12 pages of dense legal language, and you have no idea what half of it means. So you think: maybe I should have a lawyer look at this. Then comes the dreaded question, how […]
Tag Archives: Contract
27
Oct
Oct
India does not have a single, unified employment law, but the landscape looks very different today than it did even a year ago. For decades, a patchwork of central and state legislation, the Industrial Disputes Act, the Payment of Wages Act, the Minimum Wages Act, the Payment of Gratuity Act, and dozens of others, governed […]
09
Sep
Sep
TL;DR: Yes, and a lawyer’s real value here is rarely about finding a clever loophole. It is about running a proper diagnostic on your contract and your situation, identifying which legitimate exit route actually applies to you, and then executing that route strategically, through negotiation, a formal demand, or litigation as a last resort, rather […]
07
Sep
Sep
TL;DR: A signed contract does not automatically get you what you are owed; it gives you the legal tools to pursue it, but only if you use them correctly and quickly. The sequence that actually protects your position is: confirm it is a real breach, document everything immediately, check what your own contract already says […]
14
Aug
Aug
TL;DR: Contract mistakes are expensive in a specific way other business mistakes are not: a bad marketing decision can be reversed next week, but a bad contract locks you into unfavourable terms for months or years, and unwinding it costs legal fees on top of whatever the bad terms already cost you. Seven categories of […]
13
Aug
Aug
TL;DR: Every contract is an agreement, but not every agreement is a contract. An agreement is simply two or more people saying yes to the same thing. It becomes a contract only when it is legally enforceable, which generally requires an offer, acceptance, something of value exchanged, capable parties, a lawful purpose, and a genuine […]
07
Aug
Aug
TL;DR: Yes, you can sometimes break a contract after signing it without facing legal consequences, but only in specific, recognised situations, not simply because you changed your mind. The difference that matters is between legal termination, which you walk away from cleanly, and breach, which exposes you to damages, legal fees, and reputational cost. The […]
19
Jul
Jul
TL;DR: Contract review is the systematic process of examining every clause in an agreement before you sign it, covering scope, payment, liability, termination, and dispute resolution. Most costly contract mistakes come from skipping this process under time pressure, not from genuinely complex legal language. High-stakes agreements, partnerships, major vendor deals, employment contracts for key staff, […]
10
Jul
Jul
TL;DR: This is not another explainer on what a contract is or what clauses to include, those are covered in depth in our guides on what makes an agreement legally binding and what should be included in every business contract. This is a working list of practical tips for small business owners who already have […]
23
Jun
Jun
TL;DR: Repudiation of contract happens when one party indicates, by words or conduct, that it will not perform its obligations. The innocent party faces a critical choice, called an election: accept the repudiation and terminate (and claim damages), or affirm the contract and keep it alive (riskier, as losses can grow and the right to […]
- 1
- 2