Lawyers at times, face resistance from clients when
they advise clients to execute written contracts. The general
presumption in clients' mind is that the lawyer would suggest a
written contract for his commercial reasons.
The truth be said, it can't be more wrong than
that!
Generally, law permits oral contracts to be as
valid and legal as written ones.
However, oral agreements are generally considered
to be less reliable than written contracts – the reasons are
manifold. Let us discuss few of them hereunder:
1. Lack of Evidence: First and foremost, oral
agreements rely solely on verbal communication and do not leave a
tangible paper trail. Without written documentation, it becomes
challenging to prove the existence and terms of the agreement
between the parties. This lack of evidence can lead to disputes and
difficulties in enforcing the agreement.