Since contracts are designed as legally enforceable agreements, it is important to consider a contract from both a legal and commercial perspective. An agreement does not bind the university or its units unless it is signed by a person with appropriate authority. Except in cases of emergency, oral agreements are not allowed and are not recognized or respected by the university. Contracts signed by senior managers or other staff without adequate public authorization may be considered irrelevant. In such circumstances, individuals may be held personally liable for such agreements and for any damages suffered by the university. It is in everyone`s interest to have contracts signed only by officials of the university. Our lawyers have reviewed countless and varied contractual agreements and advise you on the basis of this experience. We will become: employers become more aggressive in the use of contracts. If an organization wants you to sign an agreement, it`s usually because they have something to gain. Having a contract reviewed by a contract lawyer or qualified business lawyer is one of the best ways for companies to avoid signing legally binding agreements that they later regret. Over the course of an academic year, Samford`s faculty, administration, and student organizations generate hundreds and probably thousands of contracts.
The successful negotiation, preparation and signing of these treaties requires the careful commitment of many members of the Samford community. The interests of the university are best served if staff and teachers follow the guidelines for authorizing and executing contracts. These guidelines are contained in the Directive Manual as Directives 4.22, 4.22.1 and 4.22.2 (together the “Guidelines”). This article contains a guide for the proper application of the Directives. The guidelines apply to all members of the university community and to any agreements or documents that bind Samford or any of its units. One of the most dangerous problems a treaty can have is ambiguity. Contracts are designed as legally enforceable agreements. This works well if the terms and conditions of a contract are clear and well formulated. Once we have verified the contract and made our recommendations, if you are uncomfortable negotiating new and/or better terms, you can let us negotiate for you at any time. If you`re really close to a deal, the trading conditions that protect you and your business can be a challenge. We are not bound by the agreement, we are at the negotiating table to protect you and your interests and reduce the risk to your business. Poorly drafted contracts can even lead a court to decide, on the basis of the confusing and ambiguous wording of legal documents, that there has never been an enforceable agreement between the two parties.
If you have a contract verified, it involves more than a lawyer who will tell you what the contract means for your business.