Disputes with vendors, employees or customers are inevitable for most businesses. However, litigation for resolving such disputes can be both time-consuming and costly, resulting in time spent in court rather than in the office. As a result, most businesses seek alternative solutions such as arbitration and mediation. Besides consuming less time and being less expensive, placing a dispute in arbitration…
No matter the size or industry, running a business is incredibly difficult, and depending on how your company is formed, there are legal ramifications you must consider. This is why lawyers recommend that companies draft operating agreements for protection. In New York, it is recommended that every LLC draft and execute an Operating Agreement to establish the rules of operation…
Most business owners– no matter what type of business they manage, are prone to committing legal mistakes. However, this doesn’t mean that it’s something one can’t try to avoid. They key is to be familiar with these pitfalls, especially when dealing with agreements. Here are some of the most common issues an attorney will help you pay attention to: Failure…