Category : Business

Confidentiality Clauses: Things You Need to Know

Many people make the mistake of thinking language requiring them to keep an agreement confidential is simply boilerplate language in a contract and they fail to take it seriously. However, this type of provision should be read and understood before you sign a contract because it can come back and bit you if you breach […]

Is it Necessary for an Attorney to Draft your Legal Documents?

We all have heard that attorney’s fees are costly, so it is normal to wonder if you actually need a lawyer to draft your legal documents. There is no mandate that your documents be drafted by a lawyer, but if saving money is what you are concerned about, the money you spend upfront to protect […]

Keeping a Business Afloat During Hard Times

Many businesses, big and small, are facing difficult times right now. The Covid-19 pandemic has caused financial challenges, which business owners are having to figure out how to handle. Although every company is different, there are a few general guidelines for how your business can weather the storm: ● Examine Strengths and Weaknesses, Make Adjustments […]

Are You Prepared to Handle a Lawsuit?

Whether you own a small business or a large company, it is likely that at some point you will have to deal with at least one lawsuit. If you are faced with litigation, it is essential to be proactive in preparing your side of the case. Below are a few tips for how you should […]

Damages Recoverable in a Breach of Contract Lawsuit

When you enter a contract with another party, the signed document sets forth the obligations of each party and provides protections if one of the parties breaches the agreement. The breach of the contract can cause considerable problems for the other party, so the law provides that certain damages or losses can be recovered by […]

What is Breach of Fiduciary Duty?

If your company uses external resources to provide advice and assist in growing your business, these sources are often called “fiduciaries” and they have an obligation to the company to act in its best interests. Your company is called the “beneficiary,” and it is entrusting its well-being to the fiduciary. Common examples of fiduciaries that […]

What Damages Can I Recover in a Business Lawsuit?

One of the most common types of business lawsuits is for a breach of contract. The breaching party typically is liable to the other party for damages incurred as a result of the breach. The damages the non-breaching party is entitled to depends on the type of breach and the terms of the agreement between […]

Why Your Business Cannot Ignore the Demand to Mediate

Many litigants do not take the demand to mediate as seriously as they should. In many cases, it is not optional and, by ignoring the demand, you can cost your business significantly. Once you have been served with a lawsuit, you should immediately confer with an experienced business litigation attorney. If you ignore letters from […]

Tips for Reducing the Risk of Employee Lawsuits

If you are a small business owner, you likely fear the idea of litigation. One of the primary areas of exposure for businesses is employee litigation. We all know lawsuits are expensive, but they are also costly to your business’ reputation. Thus, it is important to be proactive in taking steps to minimize your risk […]

Common Types of Business Litigation

The world we live in has become quite litigious. As the owner or manager of a business, taking steps to be prepared for litigation before it occurs can be critical to being successful in court. Business litigation can include a variety of different issues. A claim can arise between two businesses, between an individual and […]