Contracts are intended to protect both parties and are supposed to be more airtight than a handshake. However, people do sometimes break contracts.
This can have a negative impact on the individuals who relied on the agreement. This article will explain how a business lawyer can help you with a breach of contract.
What is a contract?
In its most basic form, a contract is an agreement. It’s usually written but can be spoken too. Contracts may involve areas that are critical to someone’s financial well-being, such as employment or tenancy.
If there is a breach of contract in any of these critical areas, it can affect someone’s ability to earn a living. It can also impact their sense of security, especially if someone finds that they are without a place to do business or a place to rest comfortably at night.
All contracts by nature are intended to be enforceable by law. This means that if someone signed a contract with a hockey club and the club breaches that contract, there are provisions in the law which allow the player to be compensated for that.
What do contract lawyers do?
A contracts lawyer in Phoenix can help you to receive compensation if the other party has breached the contract. They assist in all types of business law, including issues involving employment and tenancy.
Contracts lawyers will often seek to arrive at a settlement out of court. However, sometimes it may be necessary to carry your case to court.
Each contracts lawyer in Arizona is fully prepared to represent you in court. Their aim is to help you receive compensation for any losses that you sustained due to a breach of contract.
How is a contract lawyer paid?
Contract lawyers are paid on a contingency fee basis. This means that if you are currently unemployed as a result of a breach of contract, you won’t need to worry about paying your lawyer on an hourly basis. They’re only paid if they win your case.
While business lawyers usually pursue money damages in breach of contract cases, this is not the only alternative. They may also seek equitable relief on your behalf.
With equitable relief, the court will give an order that requires a party to act or refrain from acting in a particular way. The court can even require that the party that has breached an agreement, still fulfills its obligations under the contract.