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Embezzlement can have a devastating impact on an organization. Especially in cases where the person embezzling is in a position of authority, their financial misconduct could cause extensive damage. Not only could the organization itself suffer, but the partner(s) who...
Most successful businesses carry a number of different insurance policies. There are various forms of liability that the organization needs to address, including premises liability and product liability. Companies may also carry insurance to address routine operating...
Employees can take legal action against businesses for an assortment of alleged issues. Workers may claim to have experienced harassment or other forms of discrimination in the workplace. They may also sue over violations of their wage rights. If workers assert that...
Building your business takes time and money. And, raising capital often feels like your biggest hurdle on your journey to success. But before you start taking money from investors, whether it’s friends and family or a crowdfunding platform, it’s crucial to understand...
Businesses use contracts to govern deals between them. These can include everything from collaboration projects to purchase agreements. Contracts are designed to create certainty and lay out the expectations, rights, obligations and timelines. One clause that’s...
Business executives owe a duty to the organizations that they help run. They should put their company’s best interests ahead of their own wishes. Executives generally have a fiduciary duty to the organizations that they help lead. Most executives are proactive about...
When disagreements arise between business partners, it can be tempting to walk away. Dissolving a partnership often seems like the easiest way to end conflict or escape financial strain. However, ending the relationship can have lasting legal, financial and emotional...
As an employer, you may decide that it is time to fire one of your workers, terminating their position at the company. You made this decision because it is in the best interest of the business. Perhaps the employee is having frequent conflicts, providing a poor level...
Statutes of limitations for bringing civil actions exist largely to ensure that individuals and businesses file legal concerns within a reasonable period of time. This is typically for everyone’s benefit. Evidence can disappear, witnesses’ memories can fade (or they...
Insurance can protect people and businesses from liability. It can also help cover unpredictable losses, such as storm damage to residences or business facilities. Policyholders pay for coverage and then file claims when they experience certain qualifying...