Employee Stock Options
Employee Stock Options When trying to hire new employees, a piece of equity in the business can be a very enticing offer. The amount of stock that is offered to new employees needs to be…
What Should I Do When I’ve Been Sued?
What Should I Do When I’ve Been Sued? Being served with a lawsuit summons can be surprising and distressing, however, it is vital that you act quickly to prevent violation of any court deadlines. Below…
Protect Yourself When a Lawsuit is Coming
Protect Yourself When a Lawsuit is Coming When a lawsuit is on the horizon or you are fearful of being sued, you need to move quickly to protect yourself and, by extension, any evidence that…
Should You Include an Arbitration Clause?
Should You Include an Arbitration Clause? Some contracts include something called an Arbitration Clause. Arbitration is a way of settling disputes outside of court. They are written into contracts in order to minimize future legal…
The Importance of a Partnership Agreement
The Importance of a Partnership Agreement A partnership begins when two people or entities join to create a business. This is one of the most common types of businesses. Many large companies that you probably…
What Is Fiduciary Duty?
What Is Fiduciary Duty? When acting as a part of a business, either as a corporate officer, partner, or member of an LLC, you have a fiduciary duty to act in the best interest of…
Tips for Selling a Business Successfully
Tips for Selling a Business Successfully Deciding to sell a business comes with risks and rewards. It can result in financial freedom for the business owner. In fact, many entrepreneurs start a business with the…
Letter of Intent for Mergers and Acquisitions
Letter of Intent for Mergers and Acquisitions When coming into a merger or acquisition of a company, each party should ensure that they have an equal understanding and should do so before getting into negotiations.…
Drafting a Partnership Agreement
Drafting a Partnership Agreement Partnerships are a common and sensible business decision, even if many well-known firms are corporations or limited liability organizations. To this point, several of the most prominent tech companies, such as…