Business Law Consultant – What is It? A business law consultant serves as an advisor and partner to a company in order to ensure that all legal matters are handled correctly. Whether a startup, LLC, corporation, or any other type of organization, a business law consultant is there to provide counsel by assessing legal risks […]
What is a non-competition agreement? Non-compete Agreements are contracts between an employer and an employee in which the employee agrees not to enter into or start a similar profession or trade in competition with the employer after the employment period is over. Non-compete clauses may also restrict employees from working for competitors or from soliciting […]
What Constitutes a Severance Agreement A severance agreement is a legally binding contract between an employer and an employee, or former employee, where certain benefits are laid out and in return for those benefits the employee agrees to do something for the employer. More specifically, in the context of a typical severance agreement the employee […]
What design build contracts are Design Build contracts have become increasingly popular undertakings in the construction industry. However, not everyone is on the same page when it comes to what Design Build actually entails. At its core, the Design Build Contract is the combination of two separate contracts, one for the architectural/design work and one […]
Overview of Northern District Local Rules The Local Rules of the Northern District of Texas comprise 89 detailed regulations governing the procedures in the federal court for the district. The local rules were originally adopted in 1972 but have been through numerous revisions and expansions since then to adapt to new developments in law and […]
Non-Refundable Deposits: What You Need to Know The purpose of a non-refundable deposit is to ensure that a party who pays a deposit does not avail him or herself of a right to reclaim it even if the purpose for which it was made fails. This type of clause is commonly used in situations where […]
Demolition Contract Defined Demolition contracts are legally binding agreements between companies and individuals outlining the specifics of a planned demolition project. Comprising key components such as scope, timeline, and conditions, a well-drafted demolition contract forms the basis of a successful project, establishing a clear understanding between the involved parties and laying out the obligations of […]
What is the Nature of a Subscription Agreement? A subscription agreement is the contract by which a corporation sells its shares to one or more prospective stockholders. It is the written agreement whereby an investor or stockholder, marks his/her subscription and principal officers, on behalf of the corporation, formally accepts it. While often accompanying corporate […]
What is a Property Caretaker Agreement? A property caretaker agreement is a written agreement by which a person agrees to care for a property, or portion of a property, on behalf of an owner. Commonly, property caretakers are apartment managers, maintenance workers, concierge or front desk personnel, and similar individuals.With the increase in owner occupied […]
The Foundation A conference room rental agreement template is a document that outlines the terms and conditions for renting administrative space for events, including conferences, exhibitions, meetings, and other business-related gatherings in which physical space is required. It is separately negotiated, but often exists as a rider to a standard lease agreement. It specifies the […]
