When it comes to innovation in the industrial market, product designs are the cornerstone of market success. However, discovering that another company is using your proprietary design without permission can be concerning and challenging to navigate. What can you do if...
Business Disputes: It’s What We Do
Photo of attorneys E. Kelly Conway, Michael E. Gehring and Stephen G. Harvey
Business Disputes
How to identify red flags in potential clients
Whether you are starting a new commercial venture or are a seasoned business owner, you must vet potential clients carefully. While the right client can help grow your business, the wrong one can lead to a tangle of legal issues. Everyone deserves a fair chance, but...
Lump sum vs. salary continuation severance package pros and cons
When it comes to severance packages, there are two main types: lump sum and salary continuation. Each has its own set of advantages and disadvantages, and understanding the differences can help you make an informed decision if you ever have to negotiate a severance...
What are noncompete agreements?
Noncompete agreements are powerful legal tools with implications for executives and businesses alike. Whether you're a terminated executive negotiating a severance package or a mid-sized company navigating legal waters without internal counsel, understanding...
Understanding business torts and intentional misconduct
In business, adhering to ethical standards is important for achieving long-term success. Unfortunately, not everyone plays fair, leading to conflicts known as business torts. Understanding business torts and the results of intentional misconduct is key for businesses...
How do indemnity and indemnification work together?
While a business contract can be complex, this is often necessary so that you do not end up liable for actions that you are not responsible for. This is why many contracts contain indemnity and indemnification provisions. While these terms appear similar to each...
Recognizing key contract violations
A contract is a legally binding agreement outlining rights and obligations between parties. When one party fails to meet its contractual duties, it results in a breach of contract. Material breach A material breach occurs when someone fails to fulfill an important...
Understanding common business dispute types
Business conflicts happen daily. Knowing some facts about them will contribute to long-term business success and stability. Businesses can foster healthier relationships by identifying and addressing common sources of disputes. Good relationships with those you work...
How can you avoid contract disputes?
Virtually all businesses use contracts to prevent misunderstandings. However, improper drafting of these agreements can lead to disputes. In order to ensure the utmost clarity, business contracts must contain certain key elements. Clearly define terms and expectations...
What businesses frequently use non-compete agreements?
A potential problem with training an employee is that your worker may take the skills and information garnered from your workplace and apply them at a competing business. Through a non-compete agreement, you may prevent this kind of competition from harming your...