In our legal system, it is possible to sue anybody for anything. That doesn’t mean that you’ll win, of course, and every day frivolous lawsuits are filed that don’t stand a chance. Clearly, some individuals are too quick to file a suit. On the other hand, other people and businesses may be reluctant to file...
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Whenever doing business with another company or individual, it is important to get the agreement in writing. Having a written contract will help prevent miscommunication, and also give you recourse to the law in the event that the other party does not live up to their side of the deal. Even if you are doing...
What is a pre-paid legal service? The term can mean several different things. A pre-paid legal service can be a consortium of lawyers who’ve banded together to offer discount legal services. It can be a plan that offers simple legal forms drawn up for a modest fee, or it can provide access to a database...
Starting your own business isn’t for the faint of heart. Building a business from the ground up requires vision, leadership, and endless amounts of energy. It requires a great deal of time and often a great deal of money. And there’s no guarantee of success. That said, building a successful business is incredibly rewarding. It...
In 2013, the Florida Legislature unanimously adopted CS/SB 1300, a rewrite of Florida’s limited liability company statute. It completely overhauls Florida’s current LLC act. This revision was made in an attempt to keep Florida competitive with the rest of the country, hopefully retaining LLCs that might otherwise have left Florida. The Act became effective on...
Getting involved in a lawsuit represents a serious expense for any business. While you can’t avoid the possibility of a lawsuit, here are ten things you can do to protect yourself. 1. Make sure your business is set up properly to limit your liability. If your business is a partnership, make sure the partnership is set...
A lawsuit is stressful in many ways, and it is often tempting to settle as soon as possible just to put an end to the stress. On the other end of the spectrum, sometimes there is so much emotional involvement in the lawsuit that you’re reluctant to settle at all. To ensure you’re making the...
If you run a business, there’s a very good chance that you will face a lawsuit at some point. And if you wait until you’re actually facing legal action in order to prepare, it could be too late. Today we’re going to cover practical steps that you can take right now in order to put...