As of now, businesses can still use non-compete agreements. These agreements stipulate that employees who leave the company can’t just go directly to the competition, thus taking their trade secrets and insider information with them. It is a way for a business owner...
Year: 2023
Can an executive quit immediately?
When someone quits a job immediately, it can be very problematic for the business. If an executive simply walks away, for instance, there may not be any leadership in place to guide the company. This can be detrimental to the owner and to all of the employees who are...
How are severance packages negotiated for terminated employees?
Whether a company lays off dozens of workers at once due to downsizing or engages in targeted terminations based on performance reviews, sudden job loss can lead to significant financial challenges for the employees who have been let go. A severance package can help...
Someone has stolen my trade secrets. What remedies do I have?
In the world of business, finding the “secret sauce” that sets you apart can make all the difference in your entrepreneurship journey. And given how a competitive advantage is hard to come by, it behooves any serious entrepreneur to protect their trade secrets from...
Is your business partner committing fraud?
When two or more like-minded people agree to share skills, efforts and resources to go to business for profit, they are deemed to be in a partnership. And just like romantic relationships, business partnerships are founded on trust and shared visions. Unfortunately,...
Preventing and addressing business disputes
In today's fast-paced business landscape, disputes are inevitable in any company's journey. And dealing with these conflicts can consume valuable time, resources and energy that could be better utilized to drive growth and innovation. Business success involves...
Why might startups pursue intellectual property litigation?
The launch of a new business is a consequential undertaking. Not only is the commencement of operations the official start of a new endeavor, the steps that startup founders and small business owners take during the lead-up to that launch and immediately in the wake...
Understanding tortious interference
Legal terminology, like medical terminology, is both nuanced and potentially consequential. Unfortunately, in both cases, understanding what a professional is talking about if you don’t also hold a specific professional degree can feel like reading Latin when you’ve...
4 causes of contract disputes
A contract's main goal is to specify the terms and conditions that each party is expected to uphold. If a contract's terms are unclear or if it is drafted in a convoluted manner, a disagreement over it may occur. It is crucial to recognize these potential reasons...
Are critiques or opinions considered defamatory?
The opinions of individuals, especially those perceived as experts or celebrities, tend to have a powerful impact on the public. There are some people who make a career out of reviewing products or services and making their opinions public. There are countless others...