When acting for a franchisor, a franchise lawyer will often be required to draft franchise agreements and other documents which will need to stand the test of time. Most franchise agreements will run for many years. Once the agreement is signed then the franchisor will be bound to that franchise agreement. It is important that the agreement will protect the franchisor's rights over that time frame. The franchise agreement will also need to be as flexible as possible to allow for changes in the franchise system.The franchise lawyer must also be aware of the strict requirements governing disclosure to franchisees. The disclosure document will provide important information to a franchisee. The Franchising Code of Conduct also specifies time lines for disclosure which must be complied with prior to the signing of the franchise agreement.
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