A contract is a legal agreement that gives you rights and obligations. However, in order to give you the protection you need, a contract must clearly spell out all the necessary terms. Here are some important clauses that you need in a contract. Scope and Duration Perhaps the most important clause is the one that defines what the contract…
Many people will tell you that it is always better to own than lease. However, that does not always hold true when it comes to commercial property. One of the major reasons why you may opt to lease is that there are more extensive financial obligations associated with ownership. First, you would need to come up with the money…
2023 may be the year that you decide to go ahead with your ambition and goal of launching a business. Here are some things to consider first. First, you must have a sound business plan in place. Starting a business involves financial risk on your part. You must have the infrastructure that will set you up for success. Before…
Businesses may often require employees to sign non-disclosure agreements as a condition of employment. Companies have an interest in protecting things such as trade secrets and the internal workings of the business. NDAs are valid and enforceable contracts, but courts may not enforce them if they overreach. A dispute over an NDA often arises after a person is accused…
Federal and state laws make it illegal for an employer to retaliate against an employee for filing a complaint or even raising the issue of employment discrimination. If an employer retaliates over a complaint, they can be liable in a lawsuit, even if they did not actually discriminate in the first place. Even when employment is at will, firing…
A corporate merger is when one company buys another in exchange for cash or stock. The target company ceases to exist as a separate entity, and the two companies become one merged business concern. In other words, there is a change in the management of the target company. A merger will begin when one company approaches the other about…
Business litigation can be a difficult time in the life of your company. You need to deal with a legal process against the backdrop of risk for your company. Here is what you can expect during the litigation process. The court case will likely drag on for many months or even years. The trial part of the case actually…
Real estate developers are among the most oft-sued business entities in existence. Simply stated, there are so many things that can go wrong that can land a developer in legal jeopardy. Here are the most common risks that developers may face. One of the main risks is that of an injury or fatality while a project is being built….
There are numerous reasons why legal contracts may be found invalid by a court. One of the reasons is that a party is not old enough to sign a legal contract. In Georgia, signatories to a contract must be at least 18 years of age. If a minor signs a business contract, they actually have some degree of control…
Federal and state laws prohibit discrimination on the job when you are a member of a protected class. Discrimination can manifest itself in hiring, firing, and promotion decisions or a hostile work environment. If you have been the victim of employment discrimination, you may file a claim. Before you can file a lawsuit against your employer, you must first…
