Contract Review
Your Contracts-of-Hire
(engagement/retainer) letters is the best place
to manage your risk. The contract-of-hire is a
tool to communicate with your client. Crafted
properly, a contract-of-hire can help you:
- Manage
risk
-
Improve your relationship with your client
-
Make your project run smoother
Risk
is an inherent part of a business undertaking.
It is also essential to begin managing risk right
from the beginning. You need to talk frankly with
your client about what they should and should
not expect from your services.
You also need to consider just what you are willing
to risk in providing services to a client. Often,
a contract-of-hire will include hold harmless,
indemnification or limitation of liability clauses
that make you responsible for an unfair proportion
of a project’s liabilities. At the very
least, you need to make an informed decision about
the risks that you accept when singing a contract-of-hire.
We can help. We offer contract review services
to our clients at no additional charge. We can
analyze your legal agreements and advise you on
how you can better manage your risk. We can tell
you what is insured and what is not insured and
were clauses are not insurable; we can offer suggestions
to help make them insurable. The goals of our
contract review services are to assist you in:
- Understanding
the risk/reward factor of a specific project
-
Understand the hidden costs of a project
-
Maximize your profit potential
-
Making informed decisions when negotiating your
contracts
-
Minimizing your exposure to lawsuits
-
Utilizing effective risk management techniques
For
more information about our contract review services
please call:
Rickard Jorgensen at (201) 447 4400 ext. 100
Alternatively, e-mail us at: rjorgensen@jorgensenandcompany.com
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