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Old 02-08-2008, 12:24 AM   #1 (permalink)
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Legal Help Needed

Hi Everyone

I'm in need of legal documentation or perhaps a template that will be appropriate to my business.

I am going into an affiliates scheme with a bigger business and will be paid a "finders fee" based on an agreed percentage for every sucessful business I bring to them.

I have been asked to draw up a contract so that the deal can be legally binding between my company and theirs. I have spoken to quite a few business lawyers however the fees they are requesting is outrageous.

If anyone can help, I'll be grateful if they'd PM me.
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Old 02-08-2008, 12:27 AM   #2 (permalink)
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A thought to consider: An attorney's fees, however outrageous they may seem now, will always be less than the costs possibly incurred later as a result of neglecting use an attorney's services.
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Old 02-08-2008, 12:50 AM   #3 (permalink)
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Quote:
Originally Posted by kainman1 View Post
Hi Everyone

I'm in need of legal documentation or perhaps a template that will be appropriate to my business.

I am going into an affiliates scheme with a bigger business and will be paid a "finders fee" based on an agreed percentage for every sucessful business I bring to them.

I have been asked to draw up a contract so that the deal can be legally binding between my company and theirs. I have spoken to quite a few business lawyers however the fees they are requesting is outrageous.

If anyone can help, I'll be grateful if they'd PM me.
If they are the bigger company, they should draw up the contract, which you will need an attorney to review. Not only is it less inexpensive this way, but if they draw it up, all ambiguity will be in your favor. In any case, you definitely do not want to spend money on an attorney, only to have them back out of the deal and you are left with nothing.

Rich
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Old 02-08-2008, 12:59 AM   #4 (permalink)
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Rich's comment is correct - In a contract dispute, the meaning of any ambiguities within the contract are typically construed against the drafting party. However, think for a minute about why this policy has been adopted. Might it be because the drafting party has more power?! Yes. Thus, it is in your best interest, despite the cost, to draft the contract. And by you drafting the contract, I mean you hiring an attorney to draft the contract.
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Last edited by jmenq2; 02-08-2008 at 01:01 AM.
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