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Mergers and acquisitions often drastically alter the companies involved. In a merger, two companies combine their operations into one larger business. In an acquisition scenario, one company purchases another along with all of its resources, such as intellectual...
Running a successful business often requires years of development and careful planning. Organizations typically need something that sets them apart from competitors. Some companies have products that other organizations cannot duplicate. Others may have recipes or...
In today’s fast-paced business environment, most entrepreneurs acknowledge that running an enterprise involves more than just offering great products or services. For example, business owners are bound to encounter legal challenges either due to compliance with...
Employers often fail to recognize when their contracts may have become stale or outdated. It is commonplace for organizations to put together a boilerplate employment contract that they then use indefinitely whenever onboarding new talent. There are many issues with...
In a business landscape that never stands still, an outdated employment contract can be the Achilles' heel for any company. As legal frameworks evolve and business operations adapt to new challenges and technologies, employment contracts must follow suit. Ensuring...
Mergers and acquisitions (M&As) are common strategies for growth in the modern business environment, but they’re not without significant challenges – especially where a company’s “human capital” is involved. If you lose key players amongst your staff during a...
Mergers and acquisitions are two strategies commonly used to expand, consolidate or reposition a company's presence in the market. While the terms are often used interchangeably, mergers and acquisitions are fundamentally different concepts, each with unique...
Some companies go years between hiring workers. Others hire all the time, and the process becomes quite streamlined and even repetitive. Businesses may not realize that their contracts are no longer as protective as they once were if upper management doesn’t keep an...
A business buyout is a bit like a divorce. One partner wants to end or at least change the context of the relationship. They offer to share the assets with their partner but seek to move on without any formal legal ties between the two of them. A buyout is a viable...
Occasionally, businesses depend upon secrecy to have the edge over the competition. In order to protect that confidentiality, they might have all new employees sign non-competition (non-compete) agreements before beginning work there. They are used to protect trade secrets or goodwill. However, courts tend to disapprove of these contracts as limitations on a former employee’s right to earn a living.…