Mar 27, 2023 | Employment, Limiting liability
Confidentiality and Non-disparagement Clauses Prohibited in Severance Agreements for Certain Categories of Employees When an employer and employee part ways, the employer may offer the departing employee a severance payment, and perhaps the extension of certain other...
Jan 10, 2023 | Agreements, Contract, Indemnification, Limiting liability, Medium-sized business, Small business
Indemnification: what it is, and why you should care In this blog post I want to discuss an important provision in many business contracts, but one that businesspeople usually skip over. This is the indemnification provision. Indemnification is a big topic, far too...
Jul 6, 2022 | Limiting liability
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...
Jun 13, 2022 | Limiting liability
In recent years several states have limited the scope of non-compete agreements, including Illinois, Maine, Nevada, Oregon, Rhode Island, and Washington, while the District of Columbia has largely prohibited non-competes altogether. Legislators and courts in those and...
Mar 17, 2022 | Limiting liability
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...
Feb 10, 2022 | Limiting liability
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...