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Legally Binding Agreement Defined

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What is a Legally Binding Agreement?

A legally binding agreement is a contract between two or more parties that makes the terms and conditions of their relationship enforceable. Any agreement that is drawn and signed by both parties can generally be classified as a legally binding agreement. However, there are some limitations. In order for a contract to be legally binding, it must not require either party to do anything illegal. It must also have adequate consideration for both parties and must be mutually beneficial for all in order to be recognized at a legal level. Finally, all legally binding agreements must contain offer and acceptance from one party to another.

Who Helps With Legally Binding Agreements?

Lawyers with backgrounds working on legally binding agreements work with clients to help. Do you need help with a legally binding agreement?

Post a project in ContractsCounsel's marketplace to get free bids from lawyers to draft, review, or negotiate legally binding agreements. All lawyers are vetted by our team and peer reviewed by our customers for you to explore before hiring.


ContractsCounsel is not a law firm, and this post should not be considered and does not contain legal advice. To ensure the information and advice in this post are correct, sufficient, and appropriate for your situation, please consult a licensed attorney. Also, using or accessing ContractsCounsel's site does not create an attorney-client relationship between you and ContractsCounsel.


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Ted A. on ContractsCounsel
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4.9 (23)
Member Since:
August 10, 2023

Ted A.

Managing Attorney
Free Consultation
New York, New York
27 Yrs Experience
Licensed in NY
Yale Law School

Equity Investments, Agreements & Transactions | Securities & Lending | Corporate Governance | Complex Commercial Contracts | Outside General Counsel & Compliance

Recent  ContractsCounsel Client  Review:
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"Ted was extremely responsive, knowledgeable, easy to work with and was able help me the same day. I would confidently recommend him in the future."

Ivan B. on ContractsCounsel
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4.9 (25)
Member Since:
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Ivan B.

Associate
Free Consultation
Houston, Texas
9 Yrs Experience
Licensed in TX
The University of Texas School of Law

I grew up in Beaumont, Texas. I attended Baylor University for college and the The University of Texas School of Law for law school. I gained extensive experience in many areas of transactional law through my former position as corporate counsel at National Western Life Insurance Company and my current position as an Associate at Nance & Simpson, LLP.

Recent  ContractsCounsel Client  Review:
5.0

"Ivan is an excellent attorney, very meticulous, thorough, and incredibly fast. He pays close attention to every detail and makes sure everything is done right. I really appreciate his efficiency and professionalism. Highly recommend."

Craig C. on ContractsCounsel
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August 11, 2023
Ronald P. on ContractsCounsel
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Member Since:
August 10, 2023

Ronald P.

Associate General Counsel
Free Consultation
Woodridge, IL
45 Yrs Experience
Licensed in IL
Loyola University of Chicago Law School

Senior experienced contracts/transactions attorney in the Software Technology space. Also very versed in general corporate legal matters relating to business operations.

Amy F. on ContractsCounsel
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Member Since:
August 10, 2023

Amy F.

Real Estate and Business Lawyer
Free Consultation
Milwaukee, Wisconsin
30 Yrs Experience
Licensed in TX, WI
University of Wisconsin

As a lawyer of 27 years, I have a great deal of experience handling many different types of legal projects. Starting with a simple estate plan or the purchase of a personal residence, and moving all the way to complex estate plans and real estate transactions. I regularly advise small business owners and real estate investors.

Matthew G. on ContractsCounsel
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Member Since:
August 10, 2023

Matthew G.

Attorney
Free Consultation
San Diego, California
4 Yrs Experience
Licensed in CA
University of California, Berkeley School of Law

I am a Berkeley Law 2020 graduate. I have experience working in finance and operations, plaintiff and defense litigation, and have been involved in multiple start-ups.

Jeanilou M. on ContractsCounsel
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Member Since:
August 10, 2023

Jeanilou M.

Small Business Lawyer
Free Consultation
Honolulu, Hawaii
16 Yrs Experience
Licensed in CA, HI
Concord Law School

Jeanilou G.T. Maschhoff has over 20 years of comprehensive business operations, finance, and development experience in addition to being a licensed attorney in California and Hawaii. She zealously works as a Trusted Advisor, Business/Brand Consultant, and Advocate for small businesses, non-profit organizations, and personal brands. She is dedicated to helping female business owners and professionals in the entertainment, beauty, fashion, and wellness industries make their goals a reality. She uses her diversified expertise to provide a holistic approach to addressing business and legal needs. Acting as a trusted advisor and outsourced general counsel, she assists on an array of business and personal matters. Passionate about social justice and assisting underrepresented populations, Jeanilou started her legal career working in the non-profit sector working towards access to justice and gender equity. She continues to assist non-profit organizations in many capacities and actively looks to partner businesses with charitable causes, creating a synergistic effect that benefits not only the organizations involved but our society as a whole. As an early adopter of the virtual practice of law, Jeanilou has been assisting law firms and solo practitioners adjust to the remote delivery of legal services and helping businesses explore Web 3.0.

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I got 5 bids within 24h of posting my project. I choose the person who provided the most detailed and relevant intro letter, highlighting their experience relevant to my project. I am very satisfied with the outcome and quality of the two agreements that were produced, they actually far exceed my expectations.

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