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Articles Posted in Business Transactions

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What You Need to Know About Pre-Incorporation Founders’ Agreements

A founders’ agreement is a contract between co-owners of a business that outlines each of their roles and responsibilities, ownership interests, and rights in the business. It may be a standalone document or may be incorporated into a shareholders’ agreement, a partnership agreement, or an LLC agreement.  In this piece,…

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Alternative Dispute Resolution: Mediation vs. Arbitration

Alternative Dispute Resolution (ADR) offers a great way to settle disputes without stepping into a courtroom. Two of the most popular methods of ADR are mediation and arbitration. Both provide efficient, private alternatives to traditional litigation, but they are quite different when it comes to the process and the results.…

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The Hidden Costs of DIY Legal: Why Cutting Corners Can Hurt Your Business

Texas entrepreneurs often embody a ‘do-it-yourself’ (DIY) ethos. In a typical startup, a compact team of committed individuals assumes various roles across the organization. While this approach can be instrumental in driving a company towards success, applying a DIY mindset indiscriminately can be detrimental and lead to significant costs for…

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Why Having a Contractor Agreement Doesn’t Make Someone an Independent Contractor

In this second of our series of blog posts on common misconceptions around hiring and working for startups, we address a common misconception around classification of independent contractors. Most startup owners do not want to deal with the costs of hiring employees. So, many engage new hires as independent contractors.…

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Greenwashing in Advertising: Legal Implications and U.S. Framework

As consumers increasingly seek eco-friendly products, some companies engage in “greenwashing” — misleading marketing that exaggerates or fabricates environmental benefits of its products or services, to appeal to environmentally conscious buyers. Greenwashing can include vague claims like “all-natural” or “eco-friendly” without providing evidence or proper certifications, undermining genuine sustainability efforts…

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Dealing with Payment Disputes: Mechanic’s Liens and Other Remedies

In the construction and property improvement industry, payment disputes frequently arise, creating significant financial stress for contractors, subcontractors, and suppliers. Understanding your rights and the available remedies is essential for navigating these disputes effectively. This blog will explore one of the most powerful tools available to those in the construction…

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Legal Considerations for the Gig Economy in 2024

The gig economy provides flexibility and autonomy, but it also comes with important legal responsibilities. With the rise of gig work, the legal landscape has grown increasingly complex, particularly around worker classification and the application of labor laws. In a tech-forward city like San Jose, these evolving legal challenges have…

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Use Cases for AI and Generative AI in the Legal Industry

Artificial Intelligence (AI) and generative AI have been revolutionizing various sectors, and the legal industry is no exception. The deployment of these technologies is transforming how legal professionals operate, enhancing efficiency and opening new avenues for creative problem-solving. The use of AI in the legal domain encompasses a diverse range…

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Mitigating AI Risk Considerations

The rapid evolution of artificial intelligence (AI) is reshaping the world through new trends, regulations, and shifts in user behavior. While AI offers numerous benefits, it also introduces significant risks, particularly concerning accuracy, accountability, data privacy, and security. By proactively implementing mitigation strategies, businesses can harness AI’s potential while protecting…

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