Does anyone disagree with a 2002 survey commissioned by the American Bar Association that found that lawyers and judges need to do a better job in earning the public’s trust? According to the survey, only 19 percent of U.S. citizens say they are “extremely or very confident in” lawyers and the legal profession. The judiciary rated higher at 33 percent.
For some reason people have the mistaken belief that mediation is only for dissolution of marriages and child custody issues. However, there are so many other cases for which mediation is a far better alternative to litigation or even arbitration. Let me give you one example of just such a case.
Everything that relates to our society is governed by laws and business is no exception. Business law or commercial law is simply a body of law that governs every aspect with regards to conducting a business.
Getting started with your own business, even if it is just a buy and sell small business, is not as easy as simply financing for it and selling. A business requires that you invest money in it and make it grow.
LLC vs S-Corporation… I wish I could JUST have both! I Can? What your accountant is too busy to tell you around tax time is that you form as an LLC and pay taxes like a corporation! The biggest complaint I hear everyday is, “well this person REALLY recommended I form a corporation”. Well, that “person” never usually has a name, and that argument never has a point.
Contract law is no piece of cake. From interpretation to wording and even consideration problems can all end up in court. Believe it or not, a common court case in contract law is a litigation deciding whether or not a contract even existed. Though such court cases may seem silly, they are extremely common, for good reason. When looking at the situation from afar, it makes sense.
If you think that your accountant has been negligent then you might be able to bring a professional negligence claim against them. This article looks at this issue in more detail, detailing different types of accountant negligence and the role of the lawyer in bringing a claim.
Choosing a name can be one of the most important decisions a company can make. After considering the business and marketing implications of a given name, a company also needs to ensure the desired name has not been trademarked through use or by registration with the U.S. Patent and Trademark Office. Finally, when registering the entity to do business in a state, there are a number of legal requirements that vary depending on where the entity registers.
Inside this article I will be discussing the importance of having a shareholders agreement in place for any Australian Business. There are benefits for companies to consider this type of agreement and will lead to a better outcome for the future if there are any disputes.
I get asked this question a lot: which format is better when forming a new entity, corporation or LLC? For many business owners, the most important legal difference between corporations and LLCs has to do with asset protection. In general terms, LLCs have better asset protection than corporations.
