JAMES NEAL FARRIS, LLC

THE RAFFAEL CENTER, 1560 WARSAW RD.

SUITE 100, ROSWELL, GA 30076-1532

TELEPHONE:  (770) 642-9333 FACSIMILE  (770) 587-1767

EMAIL:  farrisjames@webtv.net

AREAS OF PRACTICE

Resolution of Contract Disputes

Our Firm brings to bear in the resolution of contract disputes more than 34 years of business law and corporate law experience including 18 years experience with a Fortune 500 Atlanta based transportation company. Mr. Farris has successfully handled to conclusion scores of contract matters in the manufacturing and service industries representing both businesses and consumers through the effective use of negotiated settlements, binding and non binding arbitration or trial.

OVERVIEW:

Reduced to its simplest form, a contract is nothing more than the exchange of mutual promises by two or more parties. The basic elements of a contract are an offer, an acceptance of the offer and consideration for the offer. Consideration is a benefit that one party receives from another  for making or accepting the offer. The most common form of consideration is the payment of money.

Contracts between individuals or businesses need not always be in writing to be enforceable and almost always deal with matters involving the purchase, sale, delivery or provision of products or services. Contracts can be breached, intentionally or unintentionally, by either party. Sometimes, through no fault of the parties, performance under a contract is not possible either because of unplanned events or delays. A breach of contract often occurs when either party fails to provide the agreed upon products or services, fails to timely provide the agreed products or services, or fails to timely pay for the agreed products or services.

Since many contracts contain provisions for penalties in the event of a breach, it is very important that you have the contract thoroughly reviewed before signing it because the contract can be enforced in the Court of law. Your failure to understand a contract or the failure to have a lawyer review the contract before signing the contract is not a defense to the enforcement of the contract.

KEY BENEFITS

James Neal Farris, LLC can assist you in all contract matters including thorough review of all contract agreements and related contract documents. Our office will advise you as to your prospects of success. Additionally, we will suggest steps to maximize recovery or minimize liability. James Neal Farris, LLC remains available to negotiate amicable settlements and minimize legal expenses and can provide guidance as to procedures and steps for future transactions.