When starting a business, few business owners consider the details and consequences of closing the business. But even closing a business, if not done the right way, can get a business owner in hot water. Recently, a popular and all-inclusive wedding venue in Everett, WA suddenly closed. Engaged couples with impending nuptials are without a... View Article
As if losing employees wasn’t distressing enough, a former Google executive’s recent criminal indictment for trade secret misappropriation has served as a reminder as to how messy things can get if proper precautions are not taken. Often times, a business’s success is largely attributed to a trade secret – whether it’s a list of valuable... View Article
We previously posted an article about the new non-compete legislation in Washington that was expected to be signed into law. Since that original article was posted, the bill was in fact signed and Washington employers should begin preparing for the new rules to take effect on January 1, 2020. But what do employers really need... View Article
For many companies, a commercial lease is one of the most critical and high-value contracts into which they’ll ever enter. While the average commercial lease term is between 3 to 5 years, these leases can run up to 10 years, plus extension periods. Unlike most other contracts that a business might sign, a commercial lease... View Article
Last month, we focused on tools you can use to increase your business’ profitability, many of which you already have available to you but which get put to the wayside in the day-to-day push to bring deals in the door. One such tool is your contracts, whether with your clients or your vendors. It’s not... View Article
Contract management is at the heart of effectively building relationships with partners; ensuring compliance with local, state, and federal laws; anticipating and eliminating potential deal delays; and increasing profitability. Not surprisingly, the importance of effective contract management cannot be overstated. And yet, it’s a process that’s paid little attention to until an issue arises. In... View Article
There is no doubt that data privacy is a hot topic in boardrooms and courtrooms across the U.S. and globally. With the privacy landscape evolving quickly and heavily publicized breaches, many businesses now see that the collection and processing of personal data are more closely governed. However, with so much attention being directed to regulatory... View Article
When businesses are caught up in the busy day-to-day of bringing sales in the door and getting client work performed, the specifics of contracts and agreements can get lost by the wayside. However, paying greater attention to the processing of contracts, as well as their substance, can prove to be a revenue generator. Join us... View Article
Similar to many industries, legal battles within the construction industry primarily consist of disputes over contract terms. Careful drafting and negotiation of your contracts is the best tool to avoid disputes because it sets expectations early and provides the tools to address them if they arise. Keep these three tips in mind when entering into... View Article