In the world of business, contracts provide the foundation and framework for professional relationships. The client contract serves numerous purposes, including managing expectations, setting and enforcing boundaries, preventing scope creep, protecting intellectual property rights, and facilitating swift dispute resolution.
A high-quality client agreement can also help businesses elevate their brand (and bottom line) by earning the trust and confidence of high-caliber clients.
“Clients who pay thousands for a product or service, usually aren’t new to reading and signing contracts. Many deal with legal agreements in their own businesses, and understand the importance of a well-drafted contract that protects both parties,” shares Liz.
“Sophisticated clients expect professional documents that are clear, detailed, and match the promises made during the sales process. A poorly-drafted agreement can appear unprofessional and may raise concerns about whether working with the business is a safe investment.”
Renegade Legal aims to address these concerns by empowering businesses with detailed, industry-specific contract templates, trainings, and services that offer legal protection and signal professionalism to clients who care about quality, accuracy, and legal fairness.
While drafting a quality client contract is a nuanced task, Liz offers the following quick tips when it comes to the most frequently missed clauses, and the details they should include:
- Scope of Work: This clause should clearly outline the services, deliverables, timelines, and any conditions – without jargon, so all parties can understand what is (and isn’t) being provided.
- Payment Terms: In addition to stating the cost of the service, this section should define the payment structure, deadlines, late fees, and refund policies – helping the business prevent payment disputes and successfully handle chargebacks.
- Termination: All contracts should state how and why the relationship can be terminated (including breach, nonpayment, or unsatisfactory work) and what happens upon termination (such as obligation to return materials, make payment for services rendered, and when services/access will be cut off).
- Client Responsibilities: In most relationships, clients have responsibilities beyond making payments (such as attending appointments, providing documents and information, or granting access to accounts and resources in a timely manner). The contract should outline these and absolve the service provider of liability for delays or issues caused by the client’s failure to comply.
- Dispute Resolution: This clause details the process for resolving disagreements and designates the jurisdiction and which state’s laws will govern disputes, so that one doesn’t have to spend thousands of dollars in legal fees arguing about it later.
Renegade Legal’s extensive collection of attorney-drafted legal templates for various industries address all of the above issues and more, in order to facilitate a contracting experience that fosters transparency and professionalism with clients while ensuring legal protection for the business.
Find out more at https://renegadelegal.co