No business owner wants to end up in a dispute. But unfortunately, this is the nature of the field you involve yourself in. Instead of hoping a dispute never happens, it is more prudent to have a plan in case one does. You may think this means you need to prepare...
Firm News
How to protect your interests in a real estate partnership
When you enter into a New Jersey real estate partnership, you may do so with the belief that you have more power and money-making potential when you work together. You may look to your partner or partners to expand your access to capital, resources or connections,...
What should you look for when a business changes hands?
It is a dog eat dog world out there and businesses that cannot compete tend to fall to the wayside. As a business owner, you want any business venture to either make a profit or break even. Sometimes, to avoid too much loss, it is prudent to sell off to an acquiring...
3 foundational ways to minimize partnership disputes
At the beginning of a business partnership, partners often have a rosy view of the future. Cooperating to start and grow the venture is not usually difficult at this stage, as partners often have similar goals for the business. Eventually, though, friction may boil to...
Mediation may help businesses save money
Small business owners and large corporations alike often wish to minimize business disputes, as they may lead to lawsuits and litigation. Disputes can also harm business relationships,which may potentially harm a company’s bottom line and future collaborations,...
What constitutes unfair competition?
One of the virtues of capitalism is competition, and healthy competition may help keep the economy balanced and the consumer happy. Unfair competition, though, seeks to gain an advantage by employing unlawful means. New Jersey statutes are in place to protect you and...
How companies can lower the risk of contract disputes with freelancers
When a company chooses to hire freelancers for a project, it can be beneficial for the freelancer and the business. Unfortunately, there are instances where a contract with a freelancer can result in a contract dispute. Not all projects require full-time employees to...
How can I create a business continuity plan?
No matter how well you run your business, circumstances outside your control can cause disruptions. World events, loss of key employees, and many other situations can result in a major setback for your business. And when these issues have a serious effect, you may...
3 signs your in-house counsel may need outside help
If you have ever started or grown a business, you probably know how invaluable in-house counsel can be. Rather than having to hire an attorney for every legal matter that arises, you simply walk down the hall and have a conversation. Having an attorney on your...
Qualities of good nondisclosure agreements
As the name implies, a nondisclosure agreement aims to keep select information from disclosure to other parties. The need for this protection arises in a multitude of business scenarios from potential business sales to partnership discussions and more. As Forbes...