Small Business Law Articles & Blog Posts
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Contract Tip: Top 6 Problems in Contracts
No one likes to pay a lawyer, but it’s always good practice for a small business owner or leader to hire an attorney to review contracts before signing them. Even...
Contract Tip: Why Governing Law and Jurisdiction is Important
Let’s suppose you have a small consulting business. Given the power of the Internet, you can be located in New Mexico, have a partner in California and a client in...
Contract Tip: What is a Merger Clause?
In General, it’s Not Enforceable Unless it’s in the Contract A merger clause, also known as an integration clause, is a common contract provision. The clause provides that the written...
Contract Tip: Indemnity Clause
They say a picture is worth a thousand words. If you’re a business leader, and you’ve hired a vendor to repair something outside your premises, requiring a contractor and a...
Contract Tip: Avoid Evergreen Clauses
If you’re concerned about an Evergreen Clause in your contract, you should consider L4SB’s flat-rate contract review. Only $20/page (minimum 5 pages). In my previous blog post, Not incorporating is...
Contract Tip: What is an Assignment Clause?
Let’s say that you are planning your wedding reception and you contracted with a particular ice sculptor because of his demonstrated ability to sculpt intricate, life-size ice replicas of the...
Contract Tip: What is a Counterpart Clause?
Boilerplate contract terms are often overlooked, and in some cases, this can be dangerous. A counterpart clause is one such often overlooked contract term. While I would hesitate to classify...
Contract Tip: Attorneys Fees
The notion of the concept of “attorneys fees” sounds so self-serving coming from the fingertips of this small business lawyer. The thing is, if a contract has a fair-and-balanced “attorneys...
Contract Tip: What is Force Majeure?
Contract law is rife with terms of art which can be very confusing to the average business owner. In our previous articles, we have tried to shed some light on...
The Devil is in the Details: Homeland Security’s ICE Bonus Program
The excitement of a new opportunity often blinds us to the details. Whether it’s a lucrative job offer, a major vendor contract, or a partnership agreement, the big numbers—the salary,...
How to Get Out of a Contract
Do you know how to get out of a contract? Many small businesses struggle once they sign a contract.
Exceptions That Can Void A Contract
Whether your business is creating a contract or about to sign one, it helps to know the exceptions that exceptions can void a contract.