Dispute resolution has a favorite son, and despite Americans’ litigious nature, it’s not the courtroom. Alternative Dispute Resolution, or ADR, is a combination of the informal mechanisms of mediation and arbitration which provide an alternative to trial and alleviate much of the burden on the U.S. court system. The already overwhelmed judicial system has thoroughly […]
In our last article on the marijuana industry, we discussed the risks of doing business and why many just say, “no.” The obvious counterpoint to playing it safe is the untapped potential of a promising industry still in its infancy. It’s much like a new-age gold rush, where buying in means betting on green states […]
You may not notice it, but there’s a standoff escalating around us. It involves vast amounts of money, drugs, culture, illness and health. State by state, the lines of alliance are being constantly redrawn around perhaps the biggest emergent industry of this generation. Marijuana has become sanctioned across a growing number of states, dominoing out […]
There are plenty of reasons for “agreeing to agree.” The future is hard to forecast; we don’t want a hang-up to impede a venture in the here-and-now; and a dozen others. I don’t need to tell you that this invites uncertainty into your business relationships. But at what point does an agreement rife with future […]
Each state has its own local laws which control how businesses can operate, how business partners can cooperate, and how disputes over contracts are settled in court. Interestingly, business relations have the ability to choose which state laws they want to govern their venture through a “choice of law” provision in their agreement. This is […]
Vendors and other independent contractors should be covered by Commercial General Liability (CGL) and Professional Liability Insurance (PLI) policies, which protect them against the consequences of accidents, errors and omissions, mistakes, and oversights when providing services to clients like you. If they don’t have this coverage (and, in fact, a solid vendor agreement will require […]
Selling a business is much like selling any other big-ticket item. You wouldn’t sell your house, for example, without appropriate renovations, understanding your property value and the market at large, and assembling the right team to facilitate the sale. The same is true with your business. Advisors Assemble! First off, you’ll need to put the […]
If you’re already committed to a full-fledged investigation for employee misconduct, we’ve got you covered on procedure and best practices. But merely suspecting wrongdoing before the investigation phase is a different story. What should an employer do to protect the status quo – and employee interests – when an issue arises? Do Your Background Research […]
Good work culture tops most employees’ wishlists (and most employers’, too), increasingly so in a time when employers must compete with remote jobs, freelancing, and other worker-centric setups. Company social events like holiday parties can promote a winning work culture. But mixing business with pleasure comes with risks: successful company events invite an element of […]
Imagine the scenario: you own several pieces of real estate, and rent the properties out for income. Things are going well and you’ve set up an LLC or corporation as a holding company. You’re good at what you do, self-sufficient, including handling tenant disputes. You’ve filed and either won or settled upwards of a dozen […]
