Our Peoria contract attorneys will help you draft, negotiate, and review your contracts to ensure you have an airtight contract based on your needs, with favorable terms. We have experience in all types of contracts including business, civil, family law, real estate and commercial agreements. We are your advocates and will ensure your agreement is implemented with the most favorable terms on your behalf.
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Peoria Contract Attorneys
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See below for our other locations. If our office locations are not convenient for you, we are happy to speak with you by phone.
Kevin O'Flaherty oversees all legal matters and is actively involved in making sure every client's case, big or small, is handled with excellence and attention to detail. He is available to contact through phone and email and his rates are available upon request.
In this article, our Peoria construction lawyers explain how Guaranteed Maximum Price construction contracts work.
In Guaranteed Maximum Price Contracts, also known as GMP contracts, the contractor can charge for its services in a variety of ways, including time plus materials, or a percentage of the overhead as profit. However, the total price of the contract is limited by the guaranteed maximum price. If the contractor's final charges come in below the guaranteed maximum price the owner typically gets the savings. The contractor bears the risk of the price exceeding the guaranteed maximum price. Our Peoria construction lawyers explain how allowances, change orders, contingencies, and schedules of values operate in guaranteed maximum price construction contracts.
For this article, our Peoria contract dispute attorneys explain how to get out of a contract in an Illinois breach of contract case. In it, we explain the types of defenses that may be used in your breach of contract dispute (material breach, anticipatory repudiation, duress, unconscionability, mistake, fraud, undue influence, impracticability). We also provide you with a list of factors you should consider in when trying to leave a contract using these breach of contract defenses.