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Business & Commercial Law Archives

Why should commercial employers work with employment attorneys?

When you're running a business, you need to know how to comply with laws on employment. There may come a time when you need to hire an employee, and if so, knowing these laws is necessary to protecting yourself and your business. Normally, employers work with employment lawyers to obtain the best guidance on negotiating contracts and staying in compliance with federal or state laws.

Noncompete agreements protect your business interests

When you hire someone to do work for you, you want to make sure that person won't take what he or she learns and use it at another company. You don't want your trade secrets leaking to the public or to competitors.

Fiduciary duties: Entrusting others who let you down

A breach of fiduciary duty can put you in a difficult spot. When you entrust someone with your money or assets, you trust that the individual will take care of those assets. You trust that he or she won't take risks or misuse what you've invested or put in his or her care. Unfortunately, some people do breach their duties.

A fiduciary relationship requires trust

When you want to make a purchase or entrust someone with your money or business plans, it's important that the individual keeps your best interests at heart. If someone doesn't, then it could mean that your business never gets off the ground or that you don't get the property you wanted to buy.

Here are some of the things you need to do to open a business

If you want to form a business, there are some things you need to do. Making sure you complete the tasks you're responsible for in order helps your business come together quickly and in accordance with the law.

What is a confidentiality agreement?

If you're running a business, one of the things you may ask new employees to sign is a confidentiality agreement. With this agreement, you're asking that the employees do not talk about the work you do. If someone breaches this agreement, then you have a right to legal action against him or her in most cases.

Get your business started right with the right advice

Business and commercial law are areas of law that often overlap. If you're opening a business and intend to sell items commercially, then you may need help from an attorney who understands both business and commercial law, for example.

Protecting your intellectual property is vital

Intellectual property is an important part of business; it can be an idea that spurs you into production or the basis for a new story or movie. Whatever your intellectual property is, it's necessary to protect it from infrigement. Here are a few tips for steps to take to make sure you protect the important property you own.

A contract was breached. What happens now?

Business, organizations and individuals enter into contracts all of the time, and when they do so, the parties involved may not fully realize the ramifications of the deal to which they have agreed. Breaking, or "breaching," the contract in any way can lead to the other party (or parties) in the deal seeking financial or performance retribution from the breaching party.