From Where Can I Get My Legal Document Drafted ?

The process of creating legal documents including detailed instructions which are to be followed by related parties signing a contract shall be termed as contract drafting. Contract drafting is different from other documents as it requires a proper use of legal terms and jargon.

Drafting can also be understood as an amalgamation of arts and science as there are numerous points which at the same time are required to be properly expressed or termed when drafting a contract. Every clause, phrase, word, as well as punctuation mark in a contract could have serious legal ramifications, when not formed properly, in the future.

Contracts as well as agreements are at the centre of the corporate world. Therefore, it is important for the parties that the contracts or agreements are drafted in a manner that no loophole can be found in the contract which will be later used against the parties of the contracts.

A contract drafted carefully would help save any unrelated future liability or unnecessary complexity formed during the course of the business. Lead India can help you draft as well as interpret such contractual documents, hence you can rest assured that we will not only help with legal document drafting but also take every necessary precaution before a contract has been executed. Hence, in case you wish to seek a document review lawyer, you may contact us.

Properly drafted contracts would help companies enter a new market risk free or help such companies extend the scope of business opportunities. A legal document would help you from preventing copying of any of its sensitive information by the competitors. Various contracts or key legal documents which are necessary for startups or businesses are mentioned here under-

Non-Disclosure Agreement

An established company or even a startup must protect its creative ideas, any new product which is crucial to the company or any other sensitive information in order to maintain its competitive edge, or else such important information would easily fall in the hands of the rival companies. A NDA or Non-Disclosure Agreement is a legal document which will help preserve this confidential information.
A NDA includes a clause specifying if confidential information should be returned or to be destroyed or the manner in which destruction so mentioned shall be followed.
A contract would also include remedies or penalties in case there is a breach of contract.
Trademark
Trademark is the type of specific sign which helps differentiate between the goods of one enterprise from the other. Trademarks have been provided under the Intellectual Property Rights. A registered name will help you secure your business by creating a specific brand image with the passage of time.
As has been provided by the Ministry of Industry and Commerce, the Controller General of Patents, Designs and Trademarks will register trademarks in India, as has been mentioned under the Trademark Act, 1999.
Legal protection to the products of a company from being copied and fake products being sold in the market shall be provided by registering a trademark, which when not done will cause great damage to your product. Legal action can be initiated against a party in case it copies your products or has been selling products under your company’s trademarks.
Employee Contracts
Various legal documents would be required when appointing a new employee. Employee contract is a document signed between an employer and his employee defining the rights and responsibilities of the employees employed by the company or owner of a business.
Such an employee contract provides legal obligations as well as the expectations of the company and the employee in order to minimise any future disputes. The contract before employing will be helpful if you wish to ensure that the employed candidate would not leave the employment too soon or disclose any sensitive information related to your business with the competitors.
Non-competition clause- Another agreement must also be prepared for this clause or it could even be included with the employment contract as well. A non-competition clause, would forbid the employee from engaging in any business or operation in competition with the business of the company or services which are provided by the company for a fixed period of time as has been mentioned in the contract.
Drafting contracts for employees will include role and responsibilities or the scope of work of an employee as well. It would also explain the role an employee is expected to play during the course of his employment.
Terms and Conditions
It is necessary during a business transaction to decide in advance the terms of doing the business with the clients. Say you are a supplier or a purchaser, it would be necessary to have a contract containing the terms and conditions ready before finalising a deal.
The contract for terms and conditions must include the process for payment, distribution of the goods or services involved with the contract, any cancellation policy, or some other detail required for proper completion of a business deal.
The contract, hence, will include liabilities and rights of the parties in case a negative situation arises affecting the business.

Why is drafting a legal document necessary ?

Legal contracts or other official documents are often required when doing business, buying or selling real estate, or when negotiating an agreement. Contract drafting is a legal task which plays a large role ensuring that the terms of a contract, lease, authorization or any other detail mentioned in the contract are properly accounted for. A contract is only as good as its drafting, hence it is extremely important to appoint a contract drafting advocate who could create a beneficial and legally binding contract without fail. You could seek assistance from experienced advocates with the advice of your friends or relatives or seek legal guidance online from lawyers. In case you wish to talk to a lawyer or seek free legal advice online, you may contact us at lead India

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