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Contracts

Contract
Drafting

Custom contracts built around your business needs. We draft clear, enforceable agreements that protect your interests and prevent disputes.

Kelli J. Goodnight, Attorney

πŸ“‹ Key Takeaways

  • An enforceable contract requires offer, acceptance, consideration, capacity, and legality
  • Oklahoma's Statute of Frauds (15 O.S. Β§ 136) requires certain contracts to be in writing
  • Template contracts often fail because they don't address your specific situation or Oklahoma law
  • Choice of law and venue provisions determine where disputes are resolved
  • Clear termination clauses prevent you from being trapped in unfavorable agreements
  • Limitation of liability provisions cap your exposure when things go wrong

Why Professional Contract Drafting Matters

A well-drafted contract does more than document an agreementβ€”it prevents disputes, protects your interests, and provides a clear roadmap when things don't go as planned. Every contract we draft is custom-built for your specific situation, not adapted from a generic form.

Types of Contracts We Draft

Business Operations

  • Service agreements and consulting contracts
  • Employment agreements and offer letters
  • Independent contractor agreements
  • Non-disclosure and confidentiality agreements
  • Non-compete and non-solicitation agreements

Commercial Transactions

  • Purchase agreements and bills of sale
  • Vendor and supplier agreements
  • Distribution and licensing agreements
  • Joint venture agreements
  • Partnership and LLC operating agreements

Real Estate

  • Commercial and residential leases
  • Purchase and sale agreements
  • Option agreements
  • Easements and access agreements

Our Drafting Process

1. Understanding Your Needs

We start with a consultation to understand your business, the relationship being documented, and your priorities. What matters most? What are you worried about?

2. Risk Assessment

We identify potential problems and risks in the arrangement. What could go wrong? What happens if the other party doesn't perform? How do you exit if needed?

3. Draft and Review

We prepare a draft contract and review it with you. We explain why each provision is included and discuss any trade-offs involved.

4. Revisions

Based on your feedback, we refine the contract until it accurately reflects your agreement and adequately protects your interests.

5. Final Delivery

You receive a polished, ready-to-sign contract. We're available to answer questions during signing and can prepare modified versions for future use.

Key Contract Elements

Every contract we draft includes clear provisions for:

  • Parties and recitals – Who is involved and the context
  • Scope of work or services – What's being provided
  • Compensation – Payment terms and timing
  • Timeline – When things happen
  • Warranties and representations – Promises each party makes
  • Limitation of liability – Caps on damages
  • Termination – How to end the agreement
  • Dispute resolution – How to handle disagreements
  • General provisions – Choice of law, amendments, notices

Common Contract Drafting Mistakes

Avoid these errors that create costly disputes:

  • Using free templates: Generic forms miss Oklahoma-specific requirements and your unique business needs
  • Vague scope of work: "Best efforts" and "reasonable" without definitions invite disagreement
  • Missing termination rights: Without exit provisions, you're trapped indefinitely in unfavorable contracts
  • No dispute resolution clause: Silence means expensive litigation; consider mediation or arbitration
  • Ignoring Statute of Frauds: Some contracts must be in writing under 15 O.S. Β§ 136 or they're unenforceable

Frequently Asked Questions

Common questions about contract drafting

Why can't I just use a template contract? +

Templates don't address your specific needs, may not comply with Oklahoma law, and often fail when disputes arise because they don't clearly address the actual issue.

What makes a contract enforceable in Oklahoma? +

An enforceable contract requires offer, acceptance, consideration, capacity, and legality. Certain contracts must be in writing under Oklahoma's Statute of Frauds.

How long does contract drafting take? +

Simple contracts often take about a week. Complex agreements may take 2-4 weeks. We discuss timelines upfront and can expedite when necessary.

What should I prepare before meeting? +

Know the parties involved, what each party will do, payment terms, timeline, and your priorities. Bring any similar contracts or templates you've found helpful.

What is Oklahoma's Statute of Frauds? +

Oklahoma's Statute of Frauds (15 O.S. Β§ 136) requires certain contracts to be in writing: real estate sales, agreements over one year, promises to pay another's debt, and goods over $500.

Can I modify a contract after it's signed? +

Yes, but modifications require mutual agreement and should be in writing. Many contracts specify how amendments must be made.

What's the difference between an agreement and a contract? +

All contracts are agreements, but not all agreements are legally enforceable contracts. Contracts require offer, acceptance, consideration, capacity, and legality.

Do I need a lawyer for every contract? +

Not always. Simple, low-risk transactions may be fine with basic documents. Attorney-drafted contracts are essential for significant transactions, employment, real estate, and business arrangements.

Get the Contract You Need

Schedule a consultation to discuss your contract drafting needs.