A Business Owner’s Guide to Equipment Leasing
Leasing equipment offers businesses a flexible way to manage costs and stay current with evolving technology. This article breaks down the types of equipment leases,…
Most business disputes start with a contract that was vague, one-sided or never quite fit the deal.
We write agreements in clear language, built around how the business actually operates, and we review the other side's paper so our clients know what they are signing. For companies with a steady flow of contracts, we often serve as outside general counsel.
Contracts We Handle
Terms Every Contract Should Address
Scope
What each side is delivering, in enough detail that both sides can tell when it is done.
Payment
Price, timing, late charges and what happens to payment if the work is disputed.
Term and Termination
How long the contract lasts, how it renews and how either side can end it.
Limitation of Liability
Caps on damages and the kinds of losses that can't be claimed.
Indemnification
Who covers losses from third-party claims, and when.
Disputes
Governing law, venue and whether disputes go to court or arbitration.
Our article on equipment leasing covers one of the contracts businesses sign most often.
How We Work on a Contract
Understanding the Deal
We learn what the business needs from the relationship and where the risks are.
Drafting or Review
We prepare the first draft or mark up the other side's paper with explanations.
Negotiation
We work through open points directly or behind the scenes, whichever the client prefers.
Signing
Final versions are checked, signed and stored where the client can find them.
Keeping It Current
Renewals, amendments and new projects are handled as the relationship changes.
Frequently Asked Questions
Have a question that isn't answered here? Call us at (817) 631-8842 or send a message.
Ask a QuestionShould I use a contract template from the internet?
A template can be a starting point, but it rarely fits the deal, the industry or Texas law. The terms that matter most in a dispute, such as limits on liability, indemnification and how the contract can be ended, are where templates tend to fall short.
Can you review a contract the other side drafted?
Yes, and that is much of our contract work. We explain the terms that carry risk, suggest changes and help you decide which points are worth negotiating given the size and importance of the deal.
Are electronic signatures valid in Texas?
Yes. Texas has adopted the Uniform Electronic Transactions Act, so electronic signatures are generally as enforceable as handwritten ones. A few documents, such as wills, have their own signing requirements.
Is a verbal agreement enforceable?
Many are, but they are hard to prove. Texas also requires certain agreements to be in writing, including most contracts that can't be performed within a set period and agreements to sell real estate.
More in Business Counsel and Contracts
- Outside General CounselOngoing legal counsel for companies without an in-house legal team.Learn More
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- Sales, Licensing, and Distribution ContractsContracts for selling products, licensing IP and building distribution channels.Learn More
- Employment and Independent Contractor AgreementsEmployment, contractor, confidentiality and restrictive covenant agreements.Learn More
- Nondisclosure AgreementsNDAs that define what stays confidential and what happens if it doesn't.Learn More
- Joint Venture AgreementsAgreements for businesses working together on a shared project or venture.Learn More
- Governance and ComplianceRecords, consents and state filings that keep a Texas company in good order.Learn More
- Franchise LawFDD review, franchise agreements, financing and resales for franchise owners.Learn More
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