Working With Contracts

Description

The documentation of a business deal is where the worlds of business and law most clearly intersect. The business person often views lawyers as a necessary evil—in his view, he is capable of working out the terms of the business deal himself, and the lawyers are just there to wordsmith and make it legal. The lawyer, on the other hand, may view her role as preeminent—yes, the business people may have agreed to the nine or ten economic points that are the basis of the deal, but they have failed to consider the myriad other issues that flow from those key points, much less how to resolve these issues. Something between these two extreme viewpoints is actually closer to the truth. Obviously, there would be no deal to document without clients.