Category Archives: Business Law
Business Law Attorneys Can Help Maryland Student Athletes Wishing To Receive Compensation For Their Name, Image, And Likeness
Why is college so expensive? All of that money certainly isn’t going to professors, and, contrary to what some op-eds about the ridiculous price of a college education would have you believe, most universities don’t have theme park-grade lazy rivers on campus. Part of the reason is that college sports is big business. The… Read More »
Review Your Franchise Agreement With A Lawyer Before You Sign
Most of the time, operating a franchise location of a chain restaurant is a sweet deal; it is easy to get started and easy to expand. The franchise agreement delineates which business decisions belong to you, the franchisee, and which ones belong to the franchisor, the company that owns the entire chain. For example,… Read More »
What are the Differences Between a Void and Voidable Contract?
The terms void and voidable are often confused and are sometimes used interchangeably. However, they actually have different meanings, and without knowing the differences, it could lead to legal issues down the line. While void and voidable contracts share some similarities, the differences are major and important to understand. If you need assistance with… Read More »
Why You Should Never Breach your District of Columbia Contract
A contract involves an agreement between multiple parties, which can be other individuals, companies, or legal entities. The contract will require both sides to perform specific conditions, or refrain from performing specific acts. As a business owner in Washington DC, you will be making numerous contracts as part of your day-to-day operations. You may… Read More »
Pros and Cons of Starting an LLC
An LLC is a limited liability company, which is a hybrid business entity that allows for the tax advantages and flexibility of a partnership with the liability protection afforded by a corporation. In a corporation, owners are called shareholders. With an LLC, they are called members. There is no limit to the number of… Read More »
What Does Piercing the Corporate Veil Mean?
Business owners typically choose to form either a limited liability company (LLC) or a corporation, which provides a number of benefits, including the ability to have some personal liability protection from the company’s debts and liabilities. However, there are times where a corporation’s shareholders or owners, or the LLC’s members, will be held personally… Read More »
Risks of Misclassifying Employees in Washington DC
As a small business owner, you may not have a lot of experience in dealing with applicable employment and labor laws. One of the most important things you need to get right is your classification of employees. Ensuring that your employees are properly compensated can help reduce the risk of costly litigation. We recommend… Read More »
Reasons You Need an Operating Agreement for Your LLC
No matter whether you set up a corporation or an LLC, it’s inevitable you will have business disputes at some point. Unfortunately, some of these disputes are not with outside vendors or clients, but between the owners or members of the company. People form LLCs because they are relatively easy and inexpensive to set… Read More »
Potential Legal Issues Washington DC Small Businesses May Face
Small business owners can feel overwhelmed when forming a new business. It pays to be prepared, not only when starting your business, but in how you handle day to day operations. It’s also important to understand potential legal issues you may face as a new small business owner. Consulting an experienced Washington DC small… Read More »
Common Types of Business Partnership Disputes
A partnership involves two or more parties in a business. Going into business with a partner can be beneficial, and is quite common with startups and businesses that offer professional services. Unfortunately, it’s almost inevitable that a disagreement will ensue at some point. Business disputes can happen even between close friends and family members…. Read More »
