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Contract Tip What is a Counterpart Clause

Contract Tip: What is a Counterpart Clause?

Boilerplate contract terms are often overlooked, and in some cases, this can be dangerous. A counterpart clause is one such often overlooked contract term. While I would hesitate to classify...

contract tip what is an assignment clause

Contract Tip: What is an Assignment Clause?

Let’s say that you are planning your wedding reception and you contracted with a particular ice sculptor because of his demonstrated ability to sculpt intricate, life-size ice replicas of the...

contract tip what is force majeure

Contract Tip: What is Force Majeure?

Contract law is rife with terms of art which can be very confusing to the average business owner. In our previous articles, we have tried to shed some light on...

tragic accident 01

What is a Business Succession Plan?

The unthinkable has happened.   On the way home after work, a business owner was involved in a tragic accident and did not survive.  The next day over at the workplace,...

certificate of good standing banner

What is a Certificate of Good Standing?

No matter how old we get or how many businesses we own, we are never free of the dreaded “Report Cards” of life. As adult individuals we must concern ourselves...

6 problems to avoid in a contract

Contract Tip: Top 6 Problems in Contracts

No one likes to pay a lawyer, but it’s always good practice for a small business owner or leader to hire an attorney to review contracts before signing them. Even...

contract tip attorneys fees

Contract Tip: Attorneys Fees

The notion of the concept of “attorneys fees” sounds so self-serving coming from the fingertips of this small business lawyer. The thing is, if a contract has a fair-and-balanced “attorneys...

simple contract

The “Simple Contract”

If I earned a nickel every time someone asked me to provide a “simple contract,” I would be a rich man indeed. The problem is, when most people think of...

boilerplate matters in contracts

Invalid Contracts Can Cost Your Business

Back in the day, many deals were made based on nothing more than a handshake. While you may still do business with a friend or family member without drawing up...

contract details are important

The Contract: Details are Important

Let’s say your business is expanding quickly and you are looking to hire a new employee. You are busy managing the day-to-day, so you don’t really have time to interview....

ball point pen closeup blog

What is Consideration in Contract Law?

In previous blog articles, we talked about Exceptions That Can Void A Contract and How to Get Out of a Contract. Both of these articles touch on a very important...