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Because I recently gave a talk on contracts, I thought it appropriate to write an article summarizing some of the points discussed. By no means is this article comprehensive enough to ensure that you can draft a solid contract, but is just meant to be a quick checklist to get you started, upon which you can expand or modify to fit your particular needs.

If you are in need of a contract, in today’s age of the Internet, you might consider simply finding a sample or form contract online to save costs and cut corners. However, if you do not draft a contract wisely, you may end up paying more for litigation in the end than for legal counsel to draft your contract at the outset. The following are some reasons why drafting a contract without legal counsel could prove to be a mistake: