Articles
5 Important Tips for Your New Business Venture
When you are starting a new business, it is easy to feel overwhelmed by all of the decisions you have to make. The decisions you make now can have lasting consequences, so it is important to get them right. Below are five important tips to help ensure that your new...
Read More3 Types of Agreements that Protect Your Proprietary Information
Does your business have an intangible asset that you need to protect from competitors? It could be an idea, customer list, computer code or other comparable assets. It is essential that you take steps to safeguard the aspects of your business that sets it apart from others. If you don’t...
Read MoreDo You Need to Update Your Vacation Time and Sick leave Policies?
Employers should be aware that wage and hour issues are often the basis of employee lawsuits. As a result, it is important for employers to ensure that their employee handbooks are updated, including policies regarding vacation time and sick leave. Vacation Time An employee is typically not entitled to paid...
Read MoreWhat You Need to Know About Registering Trademarks
Whether you are the owner of a start-up business or one that has been operating for a while, it is important to ensure that your company’s intellectual property is protected. Intellectual property can include items such as your business name, inventions, logo or trade secret. Ideally, you should register your business’s trademarks...
Read MoreHow a Business Attorney Increases Your Bottom Line
All business owners look for ways to cut costs and save money. You may think that handling legal issues on your own will save your entity money, but working with a business lawyer to safeguard your business’s best interests will save you in the long-run. For example: Legal structure. Having...
Read MorePROTECTING YOUR TRADE SECRETS REQUIRES MORE THAN A NDA
There are several industries that require valuable intellectual property to be shared with third parties. In order to protect intellectual property, most businesses use confidentiality agreements or non-disclosure agreements (NDA). However, there are certain circumstances where having a NDA may not be enough. In the case of nClosures, Inc. v. Block & Co.,...
Read MoreELECTRONIC CONTRACTING: THINK BEFORE HITTING “SEND!”
It is becoming a common practice for parties to use email to negotiate, review and revise contracts. While the internet makes it convenient and quicker, it can also inadvertently lead to liability. Courtrooms across the country are seeing an increase in the use of “electronic evidence.” You don’t want an...
Read MoreEssentials for Employment Contracts
When your business is ready to hire employees, it is essential to get legal help. An employment contract can be used to outline the legal relationship between your entity and your employees so there is no confusion regarding the rights and duties of the parties. Having an agreement in writing...
Read MoreIndemnification Clauses
Most contracts contain indemnification clauses, but few parties take the time to read them or fully understand what they mean. Although the language used may appear to be “boiler plate” or standard contract language, an indemnity clause can be a significant part of the agreement that you want to negotiate...
Read MoreWhy your Contract Should Contain a “Defense Clause”
A “defense clause” is a provision that establishes the duty to defend the other party to a contract in certain circumstances, such as preparing for and defending a lawsuit. It is commonly found in an agreement in conjunction with indemnification clauses and hold harmless provisions. The party that has undertaken...
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