Business Arbitration: Pros & Cons

Business Arbitration: Pros & Cons

The past few years have seen significant interest in the use of alternatives to traditional litigation in settling legal disputes. These different methods, often called “alternative dispute resolution” or ADR, include mediation and arbitration. Each has advantages and...
How & When To Use Non-Disclosure Agreements

How & When To Use Non-Disclosure Agreements

It is a common practice for businesses to use non-disclosure agreements, often called NDAs, to protect their ideas and confidential information from being used by a potential customer, competitor or other outside party. Sometimes, an entrepreneur or business owner...
The Value Of Outside General Counsel

The Value Of Outside General Counsel

Having outside general counsel is not the same as general counsel. Larger corporations usually employ an attorney full-time to act as general counsel. They generate enough revenue to justify the attorney’s salary, benefits, and other costs. Although most business...
Ending Forced Arbitration For Sexual Harassment

Ending Forced Arbitration For Sexual Harassment

The Federal Arbitration Act (FAA), was enacted all the way back in 1926. It applies to both state and federal courts and enables people to resolve a dispute through arbitration with the court’s assistance. Understanding how the FAA applies to contracts and sexual...
Don’t Get Trapped in a Contract that Renews Automatically

Don’t Get Trapped in a Contract that Renews Automatically

Years ago I worked for a large retailer, with hundreds of stores across the U.S. Unknown to the legal department, many of these stores had, individually, entered into five-year contracts with a company providing piped-in background music (these were the days before...
The Benefits Of Convertible Notes

The Benefits Of Convertible Notes

Imagine an entrepreneur. Though they may have a life-changing idea for a business that could take over an industry or market, they still need capital. There is not enough of a track record to generate a valuation for the company during these very early stages.  Rather...

Classifying Your Workers Correctly

There can be severe financial consequences for improperly classifying your workers. When some people begin a business, they view calling those providing services independent contractors as a means to save money. Though this is entirely understandable because...
Guide For Protecting Trade Secrets

Guide For Protecting Trade Secrets

Consider this: Coca-Cola generates over $30 billion in revenue annually. Imagine that someone has a magic wand and makes all of Coke’s physical assets disappear, its office buildings, plants, distribution centers, etc. Even if that were to happen, Starbucks is still...