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NEGOTIATE
TYPES OF BUSINESS CONTRACTS OUR ATTORNEYS DRAFT, REVIEW, AND NEGOTIATE
Contracts make up the foundation of nearly every business, and not a day goes by that even small businesses are not reviewing or signing contracts. Contracts establish the parameters of a business relationship, outlining each side’s obligations and duties. Although New Jersey is an at-will employment state, many businesses use employment contracts, especially for professionals and executives. Contact the Law Offices of Usmaan Sleemi today if you are asked to sign a contract. A Paramus contract negotiation attorney can meet to answer your questions.
Why Contract Negotiation is So Critical
Contracts establish the legal relationship between the parties, and the terms of the contract control whenever there is a dispute. Anyone entering a business or employment relationship must fully understand how the contract works, and they should advocate for advantageous terms.
We have deep experience negotiating employment contracts in a variety of industries, including hospitality, healthcare, and education. Each contract contains important clauses that can either protect the employee or the employer. Workers should not enter into contract negotiation blindly or hope that an employer will look out for their best interests.
Some concerns for employees include rights to severance, sick leave, and non-compete clauses. Employers often include burdensome non-disclosure agreements to protect intellectual property or other sensitive information. Employees could potentially be giving up rights when they sign a contract without first negotiating. When a future legal dispute erupts, all eyes will turn to the contract language.
Effective Negotiation
Employers often present contracts with a “take it or leave it” approach. Some workers feel pressure to sign a contract without first attempting to negotiate to improve it. However, negotiation is standard for many executives and professionals. Stock options, bonuses, vacation time, and restrictive covenants are only some of the contract areas up for negotiation.
That’s where we come in. Thanks to our ample experience, we understand prevailing terms in your industry and can advise about whether you can do better than what an employer is offering.
Employees probably cannot get everything they want in a contract. But you never know unless you try. We can check if the contract is unduly burdensome or encumbers your rights in the event of termination or discipline.
FAQs about Paramus Contract Negotiation
Should I sign a non-compete agreement?
This agreement restricts where you can work after leaving an employer. New Jersey courts will enforce these agreements, but only after closely scrutinizing them. You should not sign a non-compete agreement without first reviewing whether it is reasonable.
What should creative professionals look for in a contract?
Designers, writers, artists, and other creative professionals should absolutely protect themselves with a contract. Some key issues include who has the right to preparatory material, such as models or drafts, as well as who has the right to exploit an original design by creating derivatives. An employer will create a contract that is favorable to them, and some creative professionals unwittingly sign away their rights to their creations.
Paramus Contract Negotiation Attorney
The Law Offices of Usmann Sleemi is proud to provide negotiation and review services to employees in Paramus. Contact us today to schedule a private consultation at 973-866-9415.