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Consideration in Contracts

We all know that business deals involve careful consideration of company finances, risk, and potential gain. But the contracts underlying those deals involve another form of consideration—something that demonstrates each...

simple contract

The “Simple Contract”

If I earned a nickel every time someone asked me to provide a “simple contract,” I would be a rich man indeed. The problem is, when most people think of...

contract details are important

The Contract: Details are Important

Let’s say your business is expanding quickly and you are looking to hire a new employee. You are busy managing the day-to-day, so you don’t really have time to interview....

what is consideration in contract law

What is Consideration in Contract Law?

In previous blog articles, we talked about Exceptions That Can Void A Contract and How to Get Out of a Contract. Both of these articles touch on a very important...

one bad apple

A Contract Can Save You from a Bad Actor

We keep a freshly stocked box of tissue on every conference table in our primary offices in Albuquerque. The reason for this, is when someone comes into our office, it’s...

what is an indemnity clause

Contract Tip: Indemnity Clause

They say a picture is worth a thousand words. If you’re a business leader, and you’ve hired a vendor to repair something outside your premises, requiring a contractor and a...

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Commercial Leases: Avoid Getting Screwed

I’ll be the first to admit the title to this blog article is a bit raw or aggressive. I considered something subtler, like “Commercial Leases – Small Businesses Beware” or...