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Shakfeh Law LLC Blog

Contracts are an essential part of both our professional and personal lives. As humans, we deal with contracts almost daily, often without even realizing it. Whether a company wants to come and provide a service to our home or we are in the process of closing a business deal we review, negotiate, and sign contracts almost daily. Unfortunately, many contracts are poorly written resulting in conflict and lawsuits. There are many reasons for this, and I, as an Illinois contracts law lawyer, will explain below why poorly written contracts exist begin with. But first....

What is a Contract?

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Posted on in Uncategorized

Shakfeh Law LLC Blog

Contracts are an essential part of both our professional and personal lives. As civil contract lawyers, we deal with contracts almost daily, often without even realizing it. Whether a company wants to come and provide a service to our home or we are in the process of closing a business deal, we review, negotiate, and sign contracts almost daily. Unfortunately, there are many myths surrounding contracts, what they are, and what their requirements are. Believing these myths means that you may enter into a contract that is not enforceable in court or leaving your rights on the table. But first...

What is a Contract?

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Shakfeh Law LLC Blog

As a Chicago small business attorney, negotiating skills are paramount to my practice. If you listen to or read work by negotiation thought leaders, you will find, like in any field, differences of opinion. Two of the most well-known books about negotiation are Getting to Yes: Negotiating Agreement Without Giving In and The Mind and Heart of the Negotiator. If you read about negotiation, you will learn about establishing your BATNA (best alternative to negotiated agreement) before coming to the table.

These negotiating books have a lot of good principles, but a book I recently read, Never Split the Difference by Chris Voss, gives a whole new perspective: specifically, that traditional notions of negotiation are rooted in the flawed belief that people negotiate in logical terms. In other words, traditional strategies advise their readers to negotiate using logical thought processes. Concepts such as focusing on the issue and compromising are examples of logical-based strategies. In Getting to Yes, proposed principles include 'separate the people from the problem' and to 'insist on using objective criteria.' In addition, people traditionally consider it an acceptable compromise to arbitrarily meet half way or 'split the difference.'

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Shakfeh Law LLC Blog

Clients often come to me with many misconceptions about lawsuits. For one, they tend to think that lawsuits do not last very long. I blame this largely on TV legal drama which shows attorneys fighting for their clients in a full courtroom within a week of being hired. I usually tell my clients to prepare themselves for at least a year in court if they get sued or want to be sued. Below I outlined the basic phases and anatomy of a lawsuit:

Phase 1—Initiation of the lawsuit legal research:

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By Ronnie Farhat, Esq.

In a perfect world, all contracts we enter into would go accordingly to plan. Unfortunately, the world isn't perfect and breaches happen. Whether you are dealing with a contract issue as an individual or as a business, it is important to have a basic understanding of what tends to happen when a contract is breached and what the potential remedies might be for you and your business in such a circumstance. As an Illinois contract lawyer, I will share the basics of breaches of contracts.

What is a breach of contract?

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