Entrepreneurs and business owners often face a number of challenges when it comes to getting contracts prepared by a lawyer for their business.

This can be a time-consuming, expensive and painful process that can prevent them from growing and scaling their business, but is an essential step in ensuring a business is legally secure.

The first challenge entrepreneurs and business owners face when it comes to getting contracts prepared by a lawyer is the cost. I know that law firms can charge hundreds of dollars per hour for legal services, and getting a contract drafted from scratch can be a lengthy process that can take several hours or weeks. You might have to put money up front in a retainer so the lawyer can ensure they get paid when the work is done.

I understand that this can be a significant expense, especially for small business owners who are just starting out.

The second challenge is the time-consuming nature of the process. Entrepreneurs and business owners have a lot on their plate, and spending hours reviewing and dealing with legal documents and meetings with lawyers can take them away from other important tasks, such as growing their business, networking or finding new clients.

Finally, the complexity of legal language used in some contracts can be overwhelming and difficult to navigate on your own. Many entrepreneurs and business owners are not familiar with legal terms and may find it challenging to understand what is included in the contract, what their rights are, and what they are agreeing to.

The good news is that there is a solution to these problems - lawyer drafted contract templates from the Legally Lit Library. Our contract templates are designed to provide entrepreneurs and business owners with easy-to-understand, high-quality legal documents that are designed to be “DIY-tailored” to their specific needs.

By using our templates, new entrepreneurs and business owners can save time and money, while also ensuring that their legal documents are legally compliant and protect their interests. Our templates are easy to use and can be customized to meet the needs of each individual business, making it a hassle-free solution.

In addition, our templates are drafted in plain language, making them easy to understand for those who are not familiar with legal jargon. Plus, each template comes with an explanatory video that explains what each sentence in the contract means and how to DIY it for your needs. This means that entrepreneurs and business owners can rest assured that they are agreeing to terms that they fully understand, without having to spend hours deciphering complex legal language or risking it with a copy and paste contract they got from a friend or downloaded for free somewhere.

On the other hand, templates may not be the most appropriate for a business that has been in operation for a while or required a contract that is custom made for their needs. In this case, the legal fee and the time investment it would take to work 1-1 with a lawyer to put the contract together would be worth it’s weight in gold to your business. And when you work with a lawyer who cares about making the law accessible, you’ll be sure to walk away feeling empowered to understand and enforce your boundaries with your contracts.

In conclusion, getting contracts prepared by a lawyer can be a time-consuming, expensive process for new entrepreneurs and business owners. However, by using our lawyer drafted contract templates from the Legally Lit Library, new entrepreneurs and business owners can save time and money, while also ensuring that they have high-quality, legally compliant legal documents that protect their interests.

And, if you’re a business owner who’s past the “template stage”, it might be time to book an appointment to get a custom contract that serves your business’s needs accordingly.

So why wait? Get started today and get Legally Lit!