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What is the importance of having a business lawyer?

business lawyer What is the importance of having a business lawyer? Every business owner needs to have a lawyer, without exception. The advice and protection of a lawyer are indispensable during lawsuits and other conflicts. Here are five specific justifications for working
Posted in Business Law, Business Planning

What is the function of the law of contract in business law?

business law What is the function of the law of contract in business law? Any business transaction should include a written contract. Contracts make agreements legally binding, and can also serve as reference material, documentation of business policies, and proof in the
Posted in Business Law, Business Planning

What are the remedies of breach of contract?

breach of contract What are the remedies of breach of contract? A breach of contract occurs when one party violates any agreed-upon terms and conditions contained in a legitimate contract. Any action or inaction, from a late payment to a more serious infraction,
Posted in Business Law, General

How do copyrights, trademarks and patents differ?

copyrights, trademarks and patents How do copyrights, trademarks and patents differ? Intellectual Property broadly refers to original and possibly valuable ideas, such as an invention or a work of fiction. Owning intellectual property gives you the authority to produce or license it. Patents, trademarks,
Posted in Business Law, Business Planning, Copyright Law

When To Hire A Business Litigation Attorney

business litigation attorney When To Hire A Business Litigation Attorney Each year, 36% to 53% of small businesses are involved in legal disputes. An experienced lawyer is a crucial asset when dealing with business lawsuits. However, a business litigation attorney can also be
Posted in Business Law, Litigation Series

What is product liability law, and when is it applicable?

product liability law What is product liability law, and when is it applicable? Product Liability is a legal term that refers to a manufacturer’s, distributor’s, and/or seller’s culpability if a customer is harmed by a defective product. Manufacturers are not required to produce
Posted in Business Law, Business Planning, Buying and Selling of Businesses

What do you do when your business is being sued?

business sued What do you do when your business is being sued? When your business is being sued, it can feel like all of the hard work of you and your employees is at stake. You will likely be notified of the
Posted in Business Law, Corporate Law, Fraud, Litigation Series

What is Business Protection Insurance?

Business Protection Insurance What is Business Protection Insurance? Business insurance is essential protection that will help cover the costs of losses such as lost revenue, lawsuits, property damage, and other costs. Businesses will usually purchase several types of insurance and combine them into
Posted in Business Law, Business Planning

What is Arbitration and dispute resolution?

arbitration and dispute resolution What is Arbitration and dispute resolution? Any method of resolving a disagreement outside of court is referred to as Alternative Dispute Resolution or ADR. The most common method of ADR is arbitration. Arbitration, mediation, or other methods of conflict resolution
Posted in Business Law, Corporate Law, Personal Law

What does employment law cover?

employment law What does employment law cover? Employment law encompasses all federal, state, and local laws as well as judicial decisions that govern the duties and rights of employers and employees. Advising employers and employees, drafting, transactional work, and dispute resolution through
Posted in Business Law, Corporate Law, Personal Law
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