ESOPs typically are stablished as a corporate financial strategy. Also called a stock purchase plan, this is a trust fund created to allocate company shares to employees. Employer contributions to the plan are tax-deductible, and employees do not pay taxes on their shares until distribution. The employees receive the money when they leave the company […]
If your work is the result of a new business, pivot or side gig, understanding the implications of the laws that apply to your business structure is critical. If you are a freelancer – also known as an independent contractor, subcontractor, contract worker, or gig worker, you are essentially a small business. The law will generally […]
More and more people are choosing to stay in the workforce longer. Americans are living longer lives, they are healthier and want to stay active, and contribute their time and experience. These older Americans may be working in your organization, and as a decision maker, it is important that you understand ageism and what constitutes […]
All parties in a punitive damages claim should understand how and why a court will allow that case to proceed to trial. From time to time, media will cover a high-profile injury or discrimination case that ends with a huge award for the plaintiff. However, US Department of Justice statistics show that punitive damages are […]
Landlord/tenant leases in a post-COVID world In a post-COVID world, retail leases will need to be modified to include the possibility of a pandemic and the mandated closing of tenant businesses. For the benefit of all, adjustments to the force majeure and insurance provisions, use of common areas, common area caps, alterations and regulations, should […]
All attorneys meet with prospective clients in an initial consultation. The purpose of this first meeting is to gather and exchange information, including general legal advice about the case. This initial time together will provide the foundation of the client-attorney relationship if moving forward with a working relationship. As a potential client, it is important […]
Businesses require capital to operate and get off the ground. Once established, a cash infusion may be necessary to boost advertising and acquire customers in new markets. When it comes to raising money to start or grow your business, consider the following:
If your business will be owned and operated by more than one individual, structuring as a partnership may be the best way to go. There are two types: a general partnership and a limited partnership.
Under Florida law, both commercial landlords and tenants have rights and responsibilities. It is important to understand the legal process as it affects this type of business relationship. The rights of both parties depend largely on what is in the rental agreement.
The new Families First Coronavirus Response Act, the Americans with Disabilities Act (ADA) and standards set forth by the Occupational Safety and Health Administration (OSHA) are playing roles in decisions being made by employers for their workers.