Business Law Professionals
Should you include mediation as ADR in your business contract?
Many businesses will face one or more lawsuits in their lifetime, but litigation is not the answer for all disputes. Mediation is a form of Alternative Dispute Resolution (ADR) for helping parties settle their differences. Should you include this option in your...
What is a clear title, and why is it important?
Buying commercial real estate is not the same as buying a residential property. There may be many issues that you must resolve before a deal will go through, and dealing with the many aspects of this type of transaction can be frustrating. Unlike residential sales...
Mistakes to avoid during business acquisition
Business owners are essential to a healthy economy. However, entrepreneurs face a significant amount of risk. According to LendingTree, almost twenty percent of all businesses fail in their first year. If you want to acquire a business, you must avoid the mistakes...
3 things that may render a non-compete agreement invalid
A non-compete agreement or clause offers protection from competition by a business seller or former employee. It generally prohibits direct or indirect competition, and, in the case of leaving employees, working for a competitor. According to CBS News, 50% of...
What are the risks of having a narcissistic business partner?
Few business ventures are one-person operations. Even if you have an in-demand service or product, you are likely to need some financing or professional expertise. The right business partners can help in both of these areas. Still, you may not truly get to know your...
The critical role of communication in preserving your partnership
A functional business partnership can improve your organization's growth and success. However, if not carefully cultivated, a disintegrating relationship can take your company down with it. Communication plays a major role in creating and maintaining business...
How do I know if a business co-owner is a partner?
You probably do not own your business alone. One or more individuals may share ownership with you. If this is the case, you should know whether a fellow co-owner is also a business partner. A misunderstanding of roles in a business can lead to conflict between owners...
Third-party interference can disrupt your business dealings
As a business owner, you rely on your relationships with partners, vendors insurers and subcontractors to effectively manage your operations. When someone deliberately disrupts your contractual relations, their actions may constitute tortious interference. Tortious...
What is the Complex Business Litigation Program?
If you have a business issue that requires litigation, you may be able to use the Complex Business Litigation Program. The New Jersey Courts explain the CBLP helps businesses with complex legal issues. The program can help move your case along more quickly than if you...
5 Reasons to divorce your business partner
Business partnerships form when like-minded people come together to achieve similar goals. The arrangement can be beneficial for years or decades but can also take a negative turn. These are five circumstances leading to a business divorce. 1. A partner's ambivalence...
Subscribe To This Blog’s Feed