Maybe you are starting a business, or maybe you already have one. Either way, it is important to consider whether your legal structure fits your business needs. To help inform your decision, below is a brief summary of the four common legal structures, including the potential advantages and disadvantages of each. Sole Proprietorship This is,… Read More
Businesses are increasingly turning to alternative dispute resolution, or ADR, to settle conflicts with vendors, clients, employees, and even business partners. The upside of ADR is that it avoids the time and expense of litigation; in addition, it often allows the two sides to work together to craft a workable solution. Because many contracts now… Read More
Information privacy and security are hot topics these days and for good reason. The failure to protect customer data can lead to liability and harm your business reputation. Therefore, it is important to understand, both from a legal and technological perspective, how to develop sound privacy and security policies that protect sensitive customer information Data… Read More
Thanks to the growing popularity of smartphones, it is not uncommon to conduct the bulk of your business over email, including contract negotiation. While corresponding via email can help close a deal more quickly, it can also lead to unintended consequences. For instance, many business owners don’t realize that an email can form a binding… Read More
Almost every business has valuable intellectual property that should be protected. This may include trade secrets, patents, trademarks, and copyrights. In order to prevent other businesses from using your ideas or products without permission, you must take certain legal steps to tell the world that they belong to you. Below is a brief summary of… Read More
You probably use some form of marketing or advertising to sell your company’s products and services to the public. Yet, do you know that there are several specific laws that businesses must follow when it comes to advertising? Here’s how to get the word out about your business without exposing it to potential liability. The… Read More
There are a multitude of legal issues to think about when it comes to starting your business. Choosing a legal structure for your business can be a daunting first step in setting up shop. Which entity is best for your business depends on many factors, and the decision can have a significant impact on both… Read More
If you’re waiting until you are faced with a major legal issue like being sued by a disgruntled vendor or client to hire a lawyer for your company, then you are putting your company’s future at risk. Legal representation for businesses is not just for litigation purposes; but what about before that? When do you… Read More
Most business contracts contain standard, or “boilerplate,” provisions. While these clauses are often buried at the end of the agreement, it is important to read them carefully, as they may become extremely important in a contract dispute. Below are a few examples of boilerplate provisions and why they matter: Force Majeure: The contract term, which… Read More
Have you heard the saying, “If it’s not in writing, it didn’t happen?” As the phrase implies, oral agreements can be difficult, if not impossible, to prove. To best protect your business, all agreements should be put in writing. Unfortunately, many businesses learn this lesson the hard way. Written contracts, even if you are doing… Read More
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