Contract Law
From a lease to a commercial supply agreement, from an employment contract to a licence agreement, a contract lies at the heart of almost every legal relationship. Legalwise's contract law team specialises, independently of subject area, in drafting contracts, reviewing counterparty drafts, negotiating terms, and resolving disputes arising from breach.
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Frequently Asked in This Area
Is it really necessary to have a lawyer review my contract before signing?
It is not mandatory, but since a clause can rarely be changed after signing, identifying risky provisions in advance provides significant protection.
Learn moreAre verbal agreements legally binding?
For contracts not subject to a statutory written-form requirement, a verbal agreement is also binding; however, due to the difficulty of proof, significant transactions are strongly recommended to be made in writing.
Learn moreShould every contract include a penalty clause?
No, a penalty clause is optional; however, as it simplifies proving damages in the event of breach, including one is generally advisable in commercial contracts.
Learn moreCan the counterparty terminate the contract unilaterally?
This depends on any termination right granted in the contract and whether statutory just cause exists; clearly drafted termination provisions in the contract reduce uncertainty on this point.
Learn moreIs a contract drafted in a foreign language valid in Türkiye?
Yes, it is generally valid; however, a sworn translation may be required where the contract must be submitted to official authorities or presented to a court in a dispute.
Learn moreThe information on this page is provided for general informational purposes only and does not constitute legal advice. Always consult a lawyer about your specific situation.