Business relationships result when two companies recognize that they have something to offer one another. This is true for basic sales and licensing through distribution and teaming arrangements, right up to acquisitions and divestitures.
In small- and medium-sized companies, major points are negotiated in quick meetings, but practical issues that will cost time, money and competitive advantage often remain unrecognized and un-resolved.
The principals, already overloaded with work, may become “choke points” in the process, and the core business may suffer from their inattention.
Legal fees may be too high because of the hours the attorneys must spend understanding the business deal before they can address the legal issues.
Too often, small companies dealing with much larger companies, fail to insist on needed changes, fearing their prudence will appear obstructionist.
Effective Agreements relieves the principals of the structuring task while keeping them fully informed, turning around agreements more quickly.
Effective Agreements prevents errors of omission, helps smaller companies stand up effectively to larger companies, and provides your attorneys with complete business deals clearly stated.
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