Tag: business contracts
6 Tips for Avoiding Breach of Contract Disputes
Posted on June 6, 2024
In the world of business, contracts are incredibly important, serving as the foundation for multiple types of agreements between various parties. A breach of contract can lead to costly disputes, and these situations can disrupt a business’s operations and damage its relationships. Fortunately, business owners can take proactive steps to protect their rights and minimize the possibility of disputes when drafting and negotiating contracts. An experienced attorney can help ensure that contracts meet the specific needs of a business, providing peace of mind while also ensuring that the proper steps […]
How to Draft Contracts That Minimize the Risk of Disputes in Illinois
Posted on February 27, 2024
Contracts are the backbone of modern business. They can establish and formalize agreements between a business and other parties, ensuring that the rights of all parties are protected. When agreements are clearly defined, and the obligations of all parties are understood, contracts can help maintain positive business relationships. However, when contracts are not carefully crafted, they can become sources of disputes, leading to costly and time-consuming litigation. An experienced attorney can help navigate the complexities of contract law, ensuring that the rights and interests of a business owner will be […]
Civil Litigation: Possible Breach of Contract Remedies
Posted on March 16, 2021
As a business law attorney, I am acutely aware of how important small and medium-sized businesses are to the American economy. In many ways, they are considered to be the backbone of the entire system. Almost all such companies rely, to some extent, on a variety of business contracts and other types of business agreements. Contracts can be used to formalize buy or sell agreements, loan terms, employment relationships, and many other considerations. When you enter into a contractual agreement, you likely have a number of expectations. First, you expect […]
The Dangers of Overbroad Non-Compete Agreements
Posted on November 10, 2020
Many employers require their workers to sign non-compete agreements (NCAs), especially when the employees have unique talents or abilities. Employers are within their rights to try and limit any damage that may be caused to their brand by an employee’s departure, but if they overstep legal bounds, the non-compete agreement may be declared invalid. As a business law attorney, I am often asked about non-compete agreements by my clients. I remind them that they must be careful when requiring employees to sign NCAs, but when used properly, such agreements can protect […]
Should I Have My Employees Sign a Non-Compete Agreement?
Posted on August 24, 2020
Building a successful business requires you to invest tremendous amounts of time, energy, and money, often at great personal sacrifice. It is understandable, and even admirable, that you would wish to protect those investments in every way possible. For this reason, you may be considering having some or all of your employees sign a non-compete agreement so they cannot take what they have learned from your company and use it in competition against you for a period of time following the end of their employment with you. I am asked […]
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