Before entering a contractual agreement of any kind, it’s important to consult with a knowledgeable contract negotiation lawyer. In addition to knowledge of the law, there are many benefits to hiring an attorney to assist you with your contract negotiations. Without an experienced attorney on your side, however, you are unlikely to get the most out of your business agreement. In this article, we discuss the benefits of hiring a contract negotiation lawyer.
Advocacy
When you hire a contract negotiation lawyer, she will act as your advocate and fiduciary. In furtherance of these two roles, she will have a vested interest in the success of your transaction. Therefore, your attorney will do everything possible to make your transaction a success, including skillfully negotiating on your behalf.
Objectivity
Although the attorney you hire will have a strong interest in your success, she is also considered a third party to the transaction. Thus, your contract negotiation lawyer will possess a level of objectivity that can be beneficial. Since your attorney has no financial stake in the outcome of the contract, she will have the ability to objectively examine the pros and cons of the agreement during negotiations, putting her in a position to provide you with measured and objective legal guidance.
Industry Knowledge
Attorneys who practice contract law long usually develop a strong understanding of the various industries they work in. Therefore, in addition to legal guidance, your contract negotiations lawyer will likely be able to provide you with industry-specific knowledge that can be useful as you iron out the details of your business agreement.
Evaluation
A contract negotiations attorney can quickly discern the strengths and weaknesses of both sides of a proposed agreement. This ability to identify where you and the other party are strongest and weakest is essential to your success during contract negotiations. And even if you are a seasoned negotiator, it is always beneficial to have an objective party on your side to recognize important aspects of the negotiations that you may have missed.
Strategy
Finally, if there are specific terms that you insist on including in your contract, you will have to justify your position to the other party. Your contract negotiation attorney will determine the necessity of these provisions and help you develop a strategy for convincing the other party to accept them. Unless you develop the ability to provide strong justification for your demands, you are unlikely to convince the other party to accept them.
Contact a Florida Contract Negotiation Attorney
Before entering contract negotiations, you need an experienced contract negotiation lawyer on your side. At the Gueronniere, P.A., we are here to assist you with your contract negotiation needs. When you come to us for assistance with your contract negotiations, experienced Florida contract negotiation attorney Grace de la Gueronniere will take the steps necessary to ensure that your contract is legally sound, enforceable, and beneficial to your business. Please contact us today to schedule a consultation with our experienced Florida contract negotiation attorney.