Do all of your business contracts need to be in writing? It seems like a silly question at the outset, but Virginia contract law provides an answer that might surprise you!
Under Virginia law, not all contracts require a writing or even a signature! If two parties reach a mutual agreement, and all of the legal requirements for a contract are met – a contract is formed, with or without paper involved! There are, however, a number of contracts that must be reduced to writing. Under Virginia law, there is something called the “Statute of Frauds” which requires that the following contracts be in writing:
The main purpose of the Statute of Frauds is to prevent someone from making an assertion about a contract that never happened and doesn’t exist.
It is our belief that all contracts you enter into should be reduced to a writing and signed by you and the other party or parties. This not only covers the legal requirements, but is efficient for business and serves as more protection in the long run.
Does your business need help with contract drafting? Have you been asked to sign a contract and need help reviewing it? Please reach out to us! Our team provides turn-key solutions to your business through an efficient streamlined process. We have assisted hundreds of businesses in drafting important contracts, considering all of the important legal & business implications. Give us a call today!
McCormick Law & Consulting was integral in the creation of our non-profit. We promised our 12 y/o son that we would keep fighting cancer for kids like him but we couldn’t have kept that promise without John McCormick and his team. We were hooked at our first meeting when John simply asked “ Tell me about you son.” McCormick Law and Consulting took care of all the legal work while allowing us to focus on our mission. John and his team continue to be a great resource and supporter of D-Feet Cancer The Dalton Fox Foundation. We couldn’t have asked for better legal representation. Thank you McCormick Law & Consulting.
I definitely could have created my new business, Davis Wealth Management LLC, but boy that would have been a mistake. Because business formation is not an area in which I practice, I had no idea where my blind spots were, and let me tell you there were plenty. The knowledge I received from the firm is invaluable.
John McCormick and his firm are very reasonably priced and quickly and efficiently assisted me in creating my new business. It was completely turn key; they did everything for me. I can't recommend their services enough. Also, huge shoutout to Taylor who kept me informed every step of the way!
John and his team were great to work with. They provided advice for starting my business and set everything up in an efficient and timely manner. I will definitely recommend them to others!
I contacted McCormick Law firm to register my moving service in NC. They did an outstanding job. Completed the process way sooner than I expected. Thank you, Taylor.
McCormick Law, PC d/b/a McCormick Law & Consulting and Driving Defense Law is a boutique law firm located in Norfolk, Virginia & Raleigh, North Carolina, that seamlessly serves clients throughout Virginia and North Carolina. Whether you are a new or existing client of the firm, McCormick Law, PC, cannot represent you on any new matter until the firm has made a determination that there is no conflict of interest and that it is willing to accept the new engagement. The testimonials on this website reflect the real-life experiences and opinions of our clients. However, the experiences are personal to those particular clients, and may not necessarily be representative of all clients. We do not claim, and you should not assume, that all clients will have the same experience. Your outcome may vary.
© McCormick Law, PC, all rights reserved