Arbitration may be an option to reach a speedy resolution in a sticky situation. When you agree to an arbitration process with other parties, an important part is deciding the kind of final arbitration award for a tribunal to issue. According to Global Arbitration...
Partnership for the Good of Your Business
3 methods of resolving partnership disputes
A business partnership is like any other personal relationship in that it may have its highs and lows. Partnership disputes arise from all types of circumstances. While planning ahead may help you avoid some such disputes, it is important to understand the potential...
Discrimination and defense strategies in business
Discrimination claims in Ohio create a lot of tension between employers and their employees. The umbrella for discrimination is broad to protect as many people as possible, but that may also open the door for mistaken claims. Employees that feel discriminated against...
5 facts about the Uniform Commercial Code
The Uniform Commercial Code is a series of laws adopted by individual states relating to business transactions. The UCC is not federal law. The Uniform Law Commission and the American Law Institute drafted the code to make interstate transactions more predictable. If...
Trademark infringement: What you should know
As a business owner in Ohio, you know first hand the importance of protecting your brand. Whether you have worked hard to develop a unique logo, symbol or name that represents your company, or you are in the process of creating such a mark, it is critical that you do...
Different types of business investors
Building a new business from the ground up requires many things, including sufficient funding. An entrepreneur may have the most amazing product or solution, but without the funds to bring it to life, the potential may never be realized. Before launching into a...
What are three protective considerations for startup businesses?
You have a brand-new business idea and you are ready to launch. Even with what you think might be a foolproof business plan, you must consider the risks involved with starting a new company. According to Forbes, all business owners take risks. It is up to you, as the...
Considering alternative fee arrangements
In the legal profession, alternative fee arrangements include anything other than the traditional hourly rate structure. Attorney practices can explore diverse pay structures to better serve their clients and expand their ability to reach low-income and...
Business owners should understand what makes a contract valid
Contracts are an everyday part of life for most businesses. Contracts probably touch upon most of the business relationships you have with customers, vendors and business partners. Because contracts are such an important part of most business transactions, and can...
Protecting a business’ intellectual property
Virtually every business in Ohio or elsewhere accumulates information that it regards as its property. Over the last twenty years, such information has acquired the title “intellectual property.” Defined as a broad category for intangible assets owned and legally...