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10-03-2005, 03:14 PM
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#1 |
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Confirmed User
Join Date: Feb 2004
Location: Seattle
Posts: 1,609
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Do you need a lawyer to make contract legally binding?
As far as I remember from law class, you don't need a lawyer for a contract to be legally binding, correct?
I'm going to getting some merchandise from a wholesaler broker and we're going to setup a meeting this week. The guy said he broke off from his company and is starting his on. The supplier that he's using, he hasn't used before, so I was kinda skeptical, he said he is willing to sign a contract that he is 100% responsible and will give us full refund if we don't recieve our merchandise. Should we go ahead and see a lawyer or can we just write this ourselves? I'm just starting small as an ebayer, so if weI saw a lawyer for it, it would defintely cut in th our profits. |
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10-03-2005, 03:16 PM
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#2 |
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It's coming look busy
Join Date: Mar 2001
Location: "Ph'nglui mglw'nafh Cthulhu R'lyeh wgah'nagl fhtagn".
Posts: 35,299
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Answer to the thread topic is no.
Though lawyers will make sure the contract itself is legal and hopefully remove as many if not all possible loop holes.
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10-03-2005, 03:21 PM
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#3 |
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Confirmed User
Join Date: Feb 2004
Location: Seattle
Posts: 1,609
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okay, great.
if I do decide to get a lawyer to draw it up, how much would it usually cost? |
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10-03-2005, 03:27 PM
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#4 | |
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It's coming look busy
Join Date: Mar 2001
Location: "Ph'nglui mglw'nafh Cthulhu R'lyeh wgah'nagl fhtagn".
Posts: 35,299
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Quote:
Otherwise lawyers are alot like models. One may be 600.00 an hour in Town A and someone just as good could be 90.00 an hour in town B. All depends on where you live.
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10-03-2005, 03:28 PM
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#5 |
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So Fucking Banned
Join Date: Oct 2003
Location: In my head
Posts: 6,844
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You say you went to law class and yet you don't know the answer to this question?
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10-03-2005, 03:29 PM
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#6 |
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Confirmed User
Join Date: Apr 2001
Location: Norway
Posts: 3,790
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would you hire a lawyer for $90 an hour? something fishy about a lawyer charging that low...
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10-03-2005, 03:30 PM
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#7 | |
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In Tushy Land
Join Date: Oct 2002
Location: Nebraska
Posts: 40,149
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Quote:
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10-03-2005, 03:34 PM
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#8 | |
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It's coming look busy
Join Date: Mar 2001
Location: "Ph'nglui mglw'nafh Cthulhu R'lyeh wgah'nagl fhtagn".
Posts: 35,299
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Quote:
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10-03-2005, 03:43 PM
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#9 |
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Confirmed User
Industry Role:
Join Date: May 2005
Location: Chicago
Posts: 386
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No, you do not need a lawyer to make it legally binding. You need a lawyer to make sure you've covered every aspect of the contract before the person signs it.
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