Contracts are necessary for any day to day business activity. Anytime you hire someone, rent out property, agree to installment plans, or start a partnership you are engaging in a contract. You may also deal with contracts from vendors and suppliers in order to do business. In order to protect yourself, you should have an experienced and licensed attorney draft and review any contract before you sign. This can be done by posting the contract requirements and allowing lawyers and paralegals experienced in your area to bid and draft the contract, saving you time, money and heartache.