what is redlining a contract
Understanding Contract Negotiation Through Redlining for Non-Lawyers
Business Law Blog
Indemnification Clauses for Dummies
what happens when we get sued? Look for your indemnification clauses.
Bonuses and Commissions: Louisiana's New Wage Payment Law Clarifies When They Must be Paid after a Termination of the Employee
Wage payment laws are critical to ensuring fair treatment and compensation for employees. Among the most litigated issues in this area is whether bonuses and commissions qualify as “wages” under wage payment statutes. In the 2024 Regular Session, the Louisiana legislature enacted La R.S. 23:631(E...
Strategies For Resolving Disputes In Commercial Real Estate
For many companies, a physical location is an integral part of the business. Whether your business owns or leases property to give customers a physical place to do business with you, or the business engages in buying
Creating an LLC for Louisiana Real Estate Investments: A Guide
Forming a limited liability company (LLC) to hold rental property offers numerous benefits for real estate investors, from asset protection to tax advantages. However, there are also specific considerations to keep in mind, such as loan implications and insurance costs when making a decision to t...
Pros/Cons Of Putting Rental Property In An LLC
Rental properties can be an excellent way to produce an income. With the ability to hire property managers and the ease with which you can look up maintenance and repair companies anywhere, landlords do not even need to live in the same city or state as their rental properties. Despite the many b...
Creating a High-Performance Culture with a Goal-Oriented Management Framework
This post explores a structured management framework for high-performance organizations, covering strategic planning, execution, and self-leadership. It outlines actionable steps to build a culture of accountability, efficiency, and team alignment, starting with defining a clear vision and values. Key components include quarterly goal-setting, Excellence Operating Procedures (EOPs), project planning, and regular accountability meetings. Emphasis is placed on personal excellence, delegation, and performance management to empower teams. Ideal for businesses seeking a streamlined approach to goal setting and operational efficiency, this framework fosters sustainable growth and continuous improvement.
NFTs And Trademark Law
The World Economic Forum (WEF) states that non-fungible token (NFT) adoption is transforming various industries – including financial services, consumer goods, and gaming. However, the WEF also notes that there are still many future challenges to consider.
New FTC “Click to Cancel” Rule: Is Your Business Compliant?
In today's digital world, subscriptions have become a common part of our lives. From streaming services and fitness apps to meal kits and software tools, subscriptions offer us convenience at the click of a button. However, while signing up is usually simple, canceling these services has often pr...
AI-Generated Material And IP Protection Standards
According to CompTIA Community, one-third of all law firms are already using artificial intelligence in some way – including AI-generated material. Generative AI is proving particularly useful in marketing applications, and professionals in this field use AI-generated material for social media, websites, and various advertisements.
A Smart Tax Strategy: Hiring Your Children for Your Small Business
Hiring children as a tax reduction strategy
Things To Consider When Buying And Selling A Business
Selling or purchasing a business is a complex transactional task necessitating significant resources and time and requiring the consideration of various factors, including the transaction's structure, tax consequences, macro, and micro risks, the likelihood of success, the business's operational ...
Taylor Swift's Brilliant Legal Maneuver
In the world of copyright law, Taylor Swift's decision to re-record her earlier albums—famously branded as "Taylor's Version," is the legal equivalent of "checkmate" to her arch nemesis Scooter Braun. After Braun famously acquired her record label Big Machine Records and all of Taylor's prior mas...
The Evolving Landscape Of Commercial Real Estate Development: Legal Trends And Future Prospects
Commercial real estate development can be incredibly profitable, but it often comes with many challenges.
The Copyright Claims Board: A New Way To Help Copyright Owners Protect Their Rights
The Copyright Claims Board was founded to provide individuals and small business owners with a means of resolving intellectual property disputes over copyrighted or copyrightable materials in a more efficient manner than the notoriously time-consuming and expensive process of a civil court case.
Rights Of Minority Shareholders In Small Companies
If you are a shareholder in a small company, you have certain rights – regardless of the percentage of company stock you hold. By the same token, if you are considering a major investment in a small company
Understanding Indemnification Clauses
Understand indemnification clauses in contracts, their purpose, types of harm covered, and how they protect against liabilities in legal agreements.
Legal Due Diligence In Commercial Real Estate Transactions: A Comprehensive Guide
Companies and individuals preparing to conduct a commercial real estate transaction have a legal obligation, and substantial financial incentives, to conduct due diligence prior to finalizing the contract and closing the sale.
Navigating Cannabis Use in the Workplace: Key Considerations for Small Businesses
As the Biden administration proposes rescheduling marijuana from a Schedule I to a Schedule III controlled substance, small businesses may need to revisit their policies on cannabis use among employees. This change could prompt more employers to allow off-duty marijuana use, though companies in s...
Lawyer Vs. Real Estate Agent In FSBO
Whether your business needs a new location or is ready to expand, you may find available properties that are listed as for sale by owner (FSBO). If you are in the business of flipping houses, your next prospect may be FSBO. Dealing with this type of sale often raises the question of hiring a real estate lawyer vs. real estate agent.
Intellectual Property Rights During A Pending Trademark
Per the United States Patent and Trademark Office (USPTO), the average time between a trademark’s filing date and a mark’s abandonment, the USPTO issuing a notice of allowance for the trademark, or a mark achieving registration is just over 14 months, based on data for the last three years.
Foundations In Commercial Leasing: Learn The Essential Elements Of Commercial Leases
Most businesses require a physical location. While purchasing your own property is one option, for many new or small businesses, leasing property is the more affordable option.
How to Avoid a Generic Trademark
When establishing a brand, avoiding a generic trademark is crucial to standing out in a competitive market.
Premises Liability : Protecting Your Business Against Claims
Businesses exist to help meet needs. They provide not just services to customers, but also employment to workers and stimulation for the economy.
SAFEs Vs. Convertible Notes
Entrepreneurs often rely on funding from outside sources in order to get their business started. While you may think of traditional methods such as equity rounds, selling shares of stock, or getting a startup loan from a bank, these can have significant drawbacks. From requirements to pay back th...