What are the advantages of contracts vs handshake agreements?
Contracts are waaaayyyyy better. They formalize the agreement, they clarify expectations, and most importantly, they give you something you can use to legally enforce (or threaten to legally enforce) so you can get paid for your work.
Handshake agreements give you none of the above.
In this video I describe my story of how I got sold on the absolute necessity of creating a contract any time I do work for someone else and how it’s literally cost me millions not to have one in place.
Plus, I’ll talk about when you should write the contract versus having the other party in the deal create it.
You need a contract. Even an imperfect one is better than no contract at all!
This is Don Crowther, saying just go do this stuff!
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Key concepts: #ContractsVsHandshakeAgreements #YouNeedContracts #WhoShouldWriteTheContract #ContractLaw #Agreements #Enforceability #DonCrowther
Contracts vs. Handshake Agreements - Don Crowther
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