In this article, our Illinois contract attorneys explain the contract review process. 

Having your contracts reviewed by a qualified attorney protects you by making sure that the contract is fair to you, and by minimizing ambiguities in the contract and therefore the potential for disputes and litigation.  Our Illinois contract lawyers review merger and acquisition agreements, stock purchase agreements, asset purchase agreements, employment agreements, independent contractor agreements, and commercial leases in a cost-effective and efficient manner. We explain our step-by-step approach that ensures that your time and money is only spent on contract negotiation when you agree that the benefit of negotiating the issue in question outweighs the costs.

Read the full article by our Illinois contract lawyers about the contract review process. 

In this article our Illinois contract attorneys discuss the most common defenses to breach of contract claims in Illinois.  Conditions that potentially invalidate contracts include fraud, anticipatory repudiation, impracticality, unconscionability, duress or breach by the other party.  We also discuss additional protections from legal loopholes, contract ambiguities and statutes that invalidate contracts.

Read the full article by our Illinois contract lawyers about defenses to breach of contract.

In this article, our Illinois contract lawyers explain some of the key clauses in Illinois real estate contracts. You will typically have 5 days to review a contract with your attorney in order to modify any terms. Some of the important things to look out for include: 

• Purchase price and earnest money
• Fixtures and personal property included in the transaction
• Mortgage contingency
• Tax prorations
• Optional provisions

We explain what to watch for in each of these clauses in the article belw.

Read the full article by our Illinois contract law attorneys explaining what to look for in your Illinois real estate contract.