Confidence. Dedication. Resolve.
A carefully drafted letter of intent (LOI) is a critical part of any business transaction. After the parties have met, discussed ideas and basic business parameters, it is time to reduce these discussions to paper. The LOI is a way to move the transaction forward from initial informal discussions to a more detailed exchange of both the legal and business requirements of the proposed transaction.
The United States Department of Labor (DOL) issued a Final Rule effective today, March 11, 2024, that provides employers a framework to analyze if the worker they just hired should be classified as an employee or as an independent contractor. First, why does this...
On January 1, 2024, the Corporate Transparency Act (CTA) went into effect and requires companies that qualify as "reporting companies" to identify their "beneficial owners". However, on March 1, 2024 a federal court ruled that the CTA is unconstitutional because it...
The DOJ expects that companies will revise corporate policies to reflect the current reality that employees use their personal devices and third party apps to communicate with respect to business matters. Companies need to make sure their personal use and record retention policies comply or face the possibility of large fines.
Introduction to Noncompete Agreements Employers have traditionally used noncompete agreements to protect their confidential and proprietary information by preventing a former worker from working for a competitior subject to certain geographic scope, duration and...