Where Business And Law Come Together
You probably don’t give much thought to the force majeure clause when reviewing a contract. It usually sits buried near the end, full of legal terms that most people skip. That is, until something goes wrong. Maybe a supplier fails to deliver after a flood. Or a...
You might have had a deal sealed with a nod, a handshake or a quick call — no contract, just mutual trust and years of working together. But when something shifts, like a missed payment, a change of heart or a partner walking away, you're suddenly left wondering...
When you consider how unpredictable the business world can be, you can better appreciate the value of crafting solid contracts. Strong contracts often serve as the legal bedrock of successful commercial relationships. Whether your company is a startup or an...
Contract breaches can cause operational disruptions, brand damage and financial setbacks for otherwise successful organizations. Businesses that have previously negotiated contract terms with service providers, vendors or employees generally expect those parties to...
Professionals who manage business operations often rely on contracts for multiple purposes. Contracts help them obtain work from employees or independent contractors. They lock in pricing and delivery dates with vendors. They help protect the company from the...
The decision to sign a contract with another business should be beneficial to an organization. Their contractual arrangements could help control operational expenses or might give them access to resources that other businesses do not have. A contract can lead to...
“A clever person solves a problem. A wise person avoids it.” - Albert Einstein Business disputes can prove costly and disruptive, but are often avoidable with sound legal and business planning. Some of the ways Minnesota business owners are avoiding such disputes...
As a business owner, one of your biggest responsibilities is ensuring you protect your business as much as possible. When you reach a deal with a big client or choose a supplier to work with, you can’t rely only on a handshake agreement. You need to have a solid,...
Noncompetes are contracts between an employer and employee prohibiting a worker from being employed by or becoming a competitor for a reasonable amount of time. These agreements are enforced when the worker’s employment ends, preventing a former employee from...