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A solid contract is a strong foundation for doing business —it sets the stage for success and helps protect against potential pitfalls. But what makes a contract genuinely effective? For many entrepreneurs, getting caught up in the excitement of a new deal or...
Businesses' work does not stop when they develop a groundbreaking product. They also need to protect their investments, including intellectual property (IP), from threats. Unfortunately, lawsuits are often unavoidable. When this happens, it can take away important...
Running a business can be rewarding, but it also comes with risks. One of those risks is facing a class action lawsuit. These lawsuits occur when multiple people join together to sue your business. They can be costly and damage your reputation. Have clear policies...
Disagreements among shareholders can be unpredictable and challenging to manage. Just when you think everything is under control, things can still go wrong. This is why having a shareholder agreement is crucial. It acts as a powerful tool to prevent and resolve...
Client contracts are as crucial as other agreements a business gets into. These contracts are not only for established companies, startups with a few customers or freelancers should also have client contracts. Like any other agreement, conflict can arise from this...
The days of running a business with few legal concerns have faded into the ether. Today, the weight of legal worries can be a constant burden for business owners because even a minor complaint can quickly become a costly and time-consuming legal battle. While the...
Disputes are common among business partners, and they often need to be resolved so that the partnership can continue successfully. This can lead to rather complex litigation, and it’s important for both partners to know what steps to take. But why do these...
Contracts are the lifeblood of the business world. They secure commercial transactions and provide the framework within which companies operate. While contracts can vary greatly in complexity and scope, all valid business contracts share three fundamental elements....
RICO stands for the Racketeer Influenced and Corrupt Organizations Act, which the United States government introduced in the 1970s to combat the mafia. Since then, many states, including Texas and Oklahoma, have introduced their own versions, and prosecutors have...
If you run a business, you need to accept that you will probably face a commercial dispute at some point. Aside from eating up your time and causing stress, these can harm your reputation and cost you a lot of money, even if you win. Here are some steps you should...