Category Archives: business law

Business Law Savvy – Protect Your Company From 5 Common Legal Risks

Posted on by
Reply

Unfortunately in today’s business world, it is only a matter of time before your company is sued by someone or investigated by some governmental agency. However, you can lesson the odds by understanding and identifying the most common legal problems that could come your way and protecting your company against them.

1. Criminal Investigation

State and federal law enforcement and governmental agencies proliferate with each passing day. Depending on your industry, you could be regulated by as many as ten agencies, not counting the normal and customary policing departments. The power of government agencies is blinding. Recently, a trend has emerged targeting more and more businesses, executives and owners for investigation and prosecution. It has become so prevalent that all companies should focus considerable effort toward insulating their owners, employees and operations from risk.

Adopting a policy that your company will cooperate in all government inquiries and investigations with the assistance and counsel of an experienced criminal law attorney is the best way to insulate you and your employees from waiving your rights or creating more risk. Educate yourself and your employees on your constitutional rights and what procedures to follow with the advice of a criminal law specialist or attorney familiar with this trend and danger.

2. Employee Lawsuit

Employment law is the new lottery for Plaintiffs’ lawyers who have watched tort reform narrow their playing fields. For every perceived harm – real or imagined, there is a creative lawsuit waiting to be filed. Sexual harassment, age discrimination, pregnancy discrimination, racial discrimination, gender discrimination, disability discrimination, wrongful termination, retaliation, and injuries, are only some of the fertile ground for disgruntled employees.

IP lawyer puts business process before legal process, trademark, copyright, business law, new delhi, india

Posted on by
Reply

To their detriment, too often clients as well as lawyers skim or skip the first and second stage of proposed transactions. When they do this they enter a forest with no clear path to follow.

When they follow the three stage transaction or contracting process they move from casual dating, to going steady, to getting married. It’s that simple.

There are three stages for most intellectual property and business law transactions. The first stage is needs assessment. The second, deal points definition. Only after the first and second stage are at least properly considered should anyone go to the third stage – formal contract drafting.

In both business and personal relations, problems and costs are likely to be much higher when the first two stages are ignored. The problems can include aggravation in negotiations and litigation. They can cause loss of reputation and morale, and even bankruptcy and business insolvency.

Parties to a proposed business transaction should do the following in the first and second stages:

Work out what they want to achieve in commercial, technological and other non-legal terms – for example write the functional specification and technical specification Define with precision the intellectual property they want to have dealings about – this may require the assistance of professional advisers and consultants Clearly set out the respective rights and obligations of each party; and additionally, any prohibitions or security to be applied or given by the parties or one of them.

Business Law 2010: A conference focusing on the legal aspects of tourism

Posted on by
Reply

The Business Law Conference 2010 will be held on 17 and 18 June in the Intercontinental Hotel, Balaclava. This event will bring together executives of the tourism industry and those of the legal profession.

A rich and varied program will be presented to participants who will advise on the legal framework within which they operate.

The conference will also see the first public presentation of the new Minister of Tourism, Nando Bhoda. It will be an opportunity for these executives in the tourism industry to learn as much as possible about the legal framework that governs their profession.

Exchanges will focus the framework of the law to allow participants to define their priorities and set future policy and to allow the sectors of tourism and IRS / RES to develop complimentary.