How important is it to have professionally reviewed contracts that my company does business with?
It is strategically important to do business with contracts that are beneficial to you, from the standpoint of both legal and business terms, in the event a dispute arises. It can make a great deal of difference to have the business and legal agreements favorable to your position and have litigation take place locally, at your convenience. Litigation should be avoided unless absolutely necessary and the costs-legal fees, your company time- should be compared to the potential recovery and the probability you will be able to collect it.