From the course: Contracting for Consultants

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From the course: Contracting for Consultants

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Get legal counsel

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- Contracts are legally-binding documents. This course is in no way legal advice. All liability for using these approaches is your responsibility. To help you with that, find an attorney with deep contracting expertise. They'll help you draft clauses, identify risks in your contracts, advise you on negotiating techniques and help you comply with applicable laws and regulations. There are several key characteristics to look for in a good attorney. Ask how much expertise do they have in contract law? How much expertise do they have in your industry? Health care, for example. How responsive and available are they? How well do they balance the letter of the law, complete mitigation of risk, business goals and expediency? How much do they cost? Are they a good personality fit for you? At Thought Leaders, I've had the good fortune of working with some awesome attorneys over the years. They were always really good at understanding my business objectives, what the major risks were, the cost of drafting the contract and understanding my business goals. If you want to find a good attorney, ask other consultants who they use for their legal needs. When you find that attorney, build a long-term client relationship with them. In doing so, they can be more efficient and more effective if they understand you and your business objectives.

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