No Funny Lawyers penned a truly insightful post.
In Why You Should Do Business on a Handshake, Jim Thomas points out that the reason for writing contracts isn't to avoid litigation, but to have ammunition when litigation occurs.
In quality business negotiations the process of communication and trust is far more important than the legaleese of the contract. The handshake is more important than the signature.
Thanks for spreading the word, Kevin. Most business lawyers want their clients to thrive and litigation, for human-owned businesses anyway, is counterproductive. Always, always, be careful and thoughtful before signing a contract.
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