What Do I Need To Legally Protect My Coaching Business?

  Coaching  is a client-centered and client-driven process in which the coach serves as a value-added partner. This is a fundamental rule of coaching engagement that must underpin all coaching agreements. Keeping professional objectivity in what is often an intimate relationship, on the other hand, is not the easiest thing in the world. There are certain things you must take care of prior to   signing of contracts   which we’ll discuss in this blog. Let’s take a dive into the legal world of contracts. Three Must-Have Clauses Most people are unaware that they cannot simply google “ agreement contracts ,” copy/paste a few things, and expect it to be a legally binding agreement. You need a  client agreement  drafted specifically for you by an attorney who knows the online coaching and consulting space (or a template that has been confirmed to protect your business). Even in the online world, a contract is not one-size-fits-all. Let’s go over three crucial clau...

At In The Know Legal, we teach you what your contract is,  what it does, what the language means, how to customize it, and what the important next steps are. But there are a lot of things that happen before you enter into a contract, and we want to talk about some of that.  Negotiations and communications before entering into the agreement called “parol evidence.”  Now, you may be wondering why I am talking to you about anything that has to do with parol.  Don’t worry, this isn’t crime and punishment  we are talking about – “parol” is actually a French word that literally means “word or speech.” While originally referred to verbal speech, in medieval times, it was also used to refer to legal pleadings.  So, the word “parol” actually refers to both verbal and written correspondence.  In law, we use it to refer to words and correspondence outside an Agreement. The Parol Evidence Rule limits the extent to which discussions or writings made prior to, or co...