On this week’s OK at Work, Sarah Sawyer and Russell Berger discuss the risks of entering into informal or verbal contracts. While a written contract drafted by counsel may look like a bunch of legal mumbo jumbo, formal and comprehensive contracts ensure the parties are on the same page and provide a road map for their business dealings. Entering into a written contract is also a vital step in memorializing verbal agreements and preventing inadvertent spoken alterations to an arrangement between two parties. Listen to learn more!
The post OK at Work: The Risks of Informal or Verbal Contracts first appeared on Offit Kurman.