Small businesses can ill afford litigation – not only because of the cost, but also for the time and attention lawsuits can divert from your business. Here are six tips to help you avoid one of the most prevalent sources of business litigation: employee lawsuits. Adhere to nonexempt status. If employees work more than 40 […]
Read MoreIf you’ve never hired an attorney for your business, you are probably wondering how you would evaluate whether or not they would be a good fit for your company and could deliver the services you need at a price you’re willing to pay. Here are 8 things to consider when hiring a business attorney for […]
Read MoreIs there love in the air at your company? We’re not talking about people who love their jobs…we’re talking about employees who find love while on the job, and this could lead to a bad breakup for business owners. Workplace romances are not uncommon these days, especially since men and women work together putting in […]
Read MoreOne of the most costly things business owners can do – often through benign neglect – is allow their company to lose its good standing with the state where it operates. When this happens, a company can be administratively “dissolved” and owners can lose the personal liability protection of a corporation or LLC. Here are […]
Read MoreBusiness owners concerned about protecting their personal assets from business liabilities often choose to operate their companies as a Limited Liability Company (LLC) or Corporation (usually as an S-Corporation), since these business structures provide what is known as a “liability shield”. However, a court can dissolve this liability shield if the proper steps are not […]
Read MoreThe employment landscape has changed over the last few years and many small and mid-size companies today operate with outside help – contractors or freelancers who perform important tasks but who are not full time employees on your payroll, or even third party companies who consult on a new product or service. While companies that […]
Read MoreAre you thinking about launching a new business in 2014? If so, you need to set the right legal foundation or risk costly consequences down the road. Here are five legal tips for entrepreneurs: Find a legal adviser. The best time to have a business lawyer is when you’re just starting out. He or she […]
Read MoreEarlier this year, Microsoft was on the wrong end of an English court ruling that found the software giant had infringed on the trademark of British broadcasting company BSkyB with its SkyDrive cloud storage service. Instead of appealing the ruling, Microsoft decided to rebrand the service. Before your company has a misstep with intellectual property […]
Read MoreWith the U.S. divorce rate at around 50% for first marriages and even higher for second marriages, a divorce’s impact on the fate of your business should be cause for concern. The best thing that business owners can do is take preventive measures to ensure their companies will not suffer from a divorce – either […]
Read MoreThe term “patent troll” has entered the corporate vernacular thanks in large part to the ongoing “smartphone patent wars” as well as the increasing number of companies that have begun to take a stand in fighting the malicious behavior of entities that exist solely for filing frivolous patent litigation. According to a White House report […]
Read MoreNon-compete agreements have traditionally been a trusted business tool to help companies protect proprietary information that is central to their business. However, the proliferation of these agreements in the past decade or so has caused them to lose their teeth in courts across the country. Here are some tips on implementing non-compete agreements that will […]
Read More