Having a business partner when starting your business has a lot of benefits, such as sharing skills, resources and ideas. But sometimes it can result in disputes, especially when the partners cannot come to an agreement on the ownership, management or future of the...
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Business Law
5 contract clauses that can cause expensive disputes
Business contracts are designed to reduce uncertainty and establish clear expectations between the parties involved. However, any agreement can become the source of an expensive legal dispute if key provisions are unclear, incomplete or overlooked during drafting. A...
When your physician becomes a social media influencer
A physician with a large social media following can benefit your healthcare facility. Posts and videos about health topics may reach new audiences and bring more attention to your facility. At the same time, a physician's social media use can create concerns. A post,...
What Buffalo businesses need to know before acquiring another company
Buying a business feels like acquiring assets. In reality, you are also acquiring a workforce, a history of employment decisions and the legal obligations that come with both. For Buffalo and Rochester-area businesses considering an acquisition, the employment law...
Tips for choosing the right business partner
After spousal and familial relationships, the relationship that you share with your business partner is likely primary. That’s why anyone contemplating entering into a partnership should strive to find the best candidate possible. Below is some important information...
Severance Agreements: Essential Terms Employees and Employers Should Review
Negotiating severance packages is a standard part of the hiring process for those in well‑compensated positions. Both professionals and the companies seeking skilled services must negotiate to ensure that the employment contract is mutually beneficial. Clarifying...
How business litigation can help with unpaid debts
Creditors attempting to collect on a debt sometimes file lawsuits. Debt-related litigation brought against an individual can yield one of two beneficial outcomes. Frequently, litigation results in a lien placed against valuable property or an order allowing for the...
New York businesses face rising cybersecurity compliance demands
Small and mid-sized businesses across New York are increasingly vulnerable to cyberattacks and data breaches. To address these risks, the state enacted the Stop Hacks and Improve Electronic Data Security (SHIELD) Act, which requires companies to adopt reasonable...
How New York entrepreneurs can avoid costly startup setbacks
New York is full of possibilities, especially for entrepreneurs. It is an exciting journey, but it does come with its own challenges. You can have the best ideas and the drive to make them succeed, but without the right legal structure and documentation, those dreams...
What makes a contract legally binding?
Contracts can have a big impact on your personal and business life. They can set expectations, outline duties and protect everyone involved. Still, not every agreement is legally valid. For a contract to be binding, it must meet certain legal conditions that...
