Irrespective of the size of the business, legal issues can arise for many reasons. A small business may face issues because of a misunderstanding within the company, a dispute among partners, or an issue with small business clients. Legal issues can pose a significant hurdle and prevent a business from functioning smoothly. Therefore, it's essential [...]
Austin, Texas continues to thrive as one of the top American tech hubs with a rapidly growing business climate. With so many new startups, company expansions, business transactions, and more taking place, the need for comprehensive and well-written contracts are rising. A contract can make or break a deal, meaning every business must ensure that [...]
Forming a business is a complex legal undertaking that requires a great deal of time and effort on your part. From raising the funds you need to start your business to choosing the right business entity, getting the required licenses, and hiring the right people, there are so many things you need to do in [...]
A joint venture – commonly referred to as JV – is an arrangement wherein two or more individuals or businesses join forces to achieve a common goal. Each individual or business entity associated with the joint venture is required to contribute their assets, manpower, technical expertise, or other resources in order to achieve the goal. [...]
A limited liability partnership – commonly abbreviated as LLP – is a business structure wherein two or more people form a partnership and work together while limiting their personal liability to their investment in the business. In this post, we have answered the most commonly asked questions about limited liability partnerships in Texas. How Does [...]
As a business owner, you might have to deal with legal disputes and challenges from time to time. If and when it happens, it is essential for you to have an experienced Austin, Texas business litigation lawyer on your side throughout the entire process. An experienced lawyer can fight on your behalf, provide you with [...]
Every business lawyer should know that the law is a complex and ever-changing body of rules, regulations, statutes, case law, and precedents. The legal system has been evolving since the beginning of civilization. There are laws today that govern almost every aspect of our lives and how we interact with each other. For business lawyers, [...]
The legal system has always been complicated, especially for small businesses. There are several law areas that can apply to small businesses, such as employment law, intellectual property law, tax law, contract law, etc. To stay compliant with these regulations and to have an expert on your side, you need to hire a good business [...]
Deciding on a structure for your business is one of the most important decisions you will make. Each structure — sole proprietorship, general partnership, corporation, limited liability company, limited partnership, and limited liability partnership — comes with its own issues regarding taxation, liability, management, and transferability of ownership interest. Consulting with an experienced business lawyer [...]
A contract is a legally binding document that outlines the responsibilities and duties of each party involved in the contract. Once the contract is signed, it is binding. Failure by either party to uphold the terms of the contract is considered a breach of contract. Unfortunately, contract breaches occur quite frequently, especially in the business [...]