Is a contract really so hard to understand?

This is a discussion on Is a contract really so hard to understand? within the Business and Financial Law Questions forums, part of the Legal Questions & Answers Forum category; Should I really hire a lawyer just to read a contractor about a new business I want to start up? Is there really going to be something that I can't ...

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  1. #1
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    Is a contract really so hard to understand?

    Should I really hire a lawyer just to read a contractor about a new business I want to start up? Is there really going to be something that I can't understand? I just feel like it is a waste of money.


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    It is possible that you may be able to read and understand the contract. However contracts generally contain a lot of legal verbiage that attorneys will be able to explain to you. Also if you are unfamiliar with contract law, you will have a difficult time understanding whether some of the clauses you are agreeing to are lawful. If it is a short contract, it will not cost very much for a contract attorney to review.
    Legal Disclaimer: Answers to questions on this forum are for informational and educational purposes only and do not constitute Legal Advice. No attorney-client relationship is established through this forum.

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    For all the reasons stated by Legal Help, I would not start a business without having the contract reviewed by an attorney. I would much rather pay and know that there were no loopholes or something that could cause me problems later on.

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    That is truly excellent advice. When starting up a business there are so many things to consider including what type of corporation to form. What you don't know can hurt you badly, especially as you mentioned being a contractor. Incorporating may be in order. This is one place you may want to listen to the pro and cons from a seasoned attorney.

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    Quote Originally Posted by Legalese View Post
    That is truly excellent advice. When starting up a business there are so many things to consider including what type of corporation to form. What you don't know can hurt you badly, especially as you mentioned being a contractor. Incorporating may be in order. This is one place you may want to listen to the pro and cons from a seasoned attorney.
    Not hiring a lawyer will be doing yourself a great disservice. I would rather I spent my cash and had the contract clearly explained to me. It does not break a bone, trust me.

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    I would definitely have a contract reviewed by an attorney first. I feel like I could understand a contract but I'd feel relieved having a lawyer with my best interest in mind looking over it and explaining it to me.