When forming a business relationship, it is important to have the necessary protections in place. One way to provide these protections is to create a unilateral contract. A unilateral contract is an agreement between two parties, whereby one party agrees to be legally bound by certain terms and the other party agrees to pay money to the first party on completion of those terms. This type of contract is commonly used in businesses, especially those located in New York.

In this guide, we’ll provide an overview of unilateral contracts, including how they are used and why businesses should consider them. We will also discuss the importance of selecting a counsel who understands New York law when creating a unilateral contract. Finally, we will provide tips on how to choose the right attorney for your business.

What Is a Unilateral Contract?

A unilateral contract is an agreement between two parties, where one party agrees to perform certain obligations and the other party agrees to pay money in exchange for the performance of those obligations. The main advantage of this type of contract is that it can provide greater certainty of performance, making it easier for both parties to avoid costly disputes.

The terms of a unilateral contract should be laid out clearly and unambiguously, leaving little room for disagreement or misinterpretation. Generally, this will include provisions detailing the obligations to be met, any deadlines for completion, how the payment will be made, and any other relevant information.

Why Use a Unilateral Contract?

There are a number of reasons why businesses in New York should consider using a unilateral contract. One of the main advantages is that it can help to mitigate the risk of a dispute arising between the parties. Unilateral contracts include provisions that can be enforced by the courts, giving both parties added protection should an issue arise.

Another benefit of unilateral contracts is that they provide clarity and certainty, making it easier for both parties to understand their obligations. This helps to avoid confusion, misinterpretations and ambiguity, as everything is specified in the contract.

Importance of Working With a Local Counsel

When creating a unilateral contract, it is very important to seek the advice of a legal professional who is familiar with the laws governing unilateral contracts in New York. This is because the contract must comply with the local laws and regulations, and also with any similar laws or regulations that may be applicable to your business. A knowledgeable legal counsel can provide guidance on which provisions of a unilateral contract are necessary and which can be omitted to ensure compliance with the law.

To ensure that the counsel you work with thoroughly understands New York law, it is best to search for an attorney who specializes in this type of law. This may involve careful research, such as asking for referrals from trusted colleagues or consulting lawyer directories.

Choosing the Right Attorney

When selecting a counsel to help you create a unilateral contract, it is important to take the time to find the right attorney for the job. Some of the factors to consider include the attorney’s experience, their success rate in similar cases, and their reputation with past clients.

It is also beneficial to ask several potential attorneys to provide quotes and compare these before making your decision. This can help you ensure that you are paying an appropriate price for the service provided.

The bottomline

Creating a unilateral contract is an important element of many business relationships. However, it is essential that these contracts are properly drafted and compliant with the law in order to protect both parties’ interests. Working with an experienced local counsel who understands New York law will help to ensure that your unilateral contract is effective and accurate.


Unilateral Contract,

Business Lawyer,

New York