Whether you’re an executive seeking to negotiate a new contract or an employer looking to draft an employment contract, understanding the nuances of these agreements is crucial. Why Executive Employment Agreements Matter Executive employment agreements are your legal shield in the complex corporate world. These contracts establish the terms and conditions of an executive’s employment, covering everything from salary and
Business partnerships are associated with significant benefits, including lower costs for start-ups, reaching out to a new market, better solutions due to the different perspectives, greater borrowing capacity, shared burden and accessible moral support when needed. Accordingly, business owners should choose the right partners to enjoy these benefits. Nonetheless, disputes between partners may arise in the future, which can cost a business
When a supervisor offers something to an employee in return for a sexual favor, that’s a type of sexual harassment. Specifically, it’s called “quid pro quo” sexual harassment, and it’s illegal under Title VII of the Civil Rights Act. Typically, it occurs when a boss offers an employee a raise, promotion or something else they’ve been seeking if the employee
Getting a divorce when you and your spouse have wealth seems easier since there is plenty for you to share. Unfortunately, possessing valuable assets typically does the opposite—it makes your situation more complex. In any divorce, both parties deserve a share of marital property, but dividing assets in an equitable manner is no small feat for the average person. The
You’ve always been an independent person, and your kids are pretty much the same. You accepted that your dreams may not be their dreams – and that includes your plans for (what is currently) the “family business.” Now, however, at least one of your children has expressed an interest in joining your team. On one hand, you’re delighted at the
In many cases of alleged sexual harassment, the accusations will come years or even decades after the event occurred. Naturally, this does lead people to ask why there was such a delay and why the reports weren’t made right away. In fact, some people will mistakenly use this as justification not to believe the person who is claiming that they
When parents go through a divorce, the bitter fallout can severely affect their children. Hence, it is crucial for both parents to try and minimize the conflict and competition between themselves. Yet, some parents struggle. If you fear your spouse is one of those people, here are some things to watch out for after your divorce: #1. They compete on holidays You
How much do you know about the ins and outs of cryptocurrencies? What about non-fungible tokens (NFTs)? You would not be alone in struggling to grasp the consequences of these virtual assets. That’s why you might need to learn fast if you are divorcing and believe your spouse does understand them. Many more people have found turning to the virtual world a
When spouses are divorcing, they sometimes do things just out of spite or to “get back” at each other. Sometimes, the people who do this are otherwise decent and reasonable people who are overwhelmed by what is happening. One way that some spouses take revenge on their future exes is something called “dissipation of assets.” This is when one spouse
A law signed this month by President Joe Biden places a new limitation on what employers can restrict with nondisclosure agreements (NDAs) in their employment contracts. Specifically, the Speak Out Act prohibits employers from using NDAs signed as a condition of employment from being used to keep employees silent about sexual harassment or assault they’ve suffered. The new law is
Whether you’re an executive seeking to negotiate a new contract or an employer looking to draft an employment contract, understanding the nuances of these agreements is crucial. Why Executive Employment Agreements Matter Executive employment agreements are your legal shield in the complex corporate world. These contracts establish the terms and conditions of an executive’s employment, covering everything from salary and
Business partnerships are associated with significant benefits, including lower costs for start-ups, reaching out to a new market, better solutions due to the different perspectives, greater borrowing capacity, shared burden and accessible moral support when needed. Accordingly, business owners should choose the right partners to enjoy these benefits. Nonetheless, disputes between partners may arise in the future, which can cost a business
When a supervisor offers something to an employee in return for a sexual favor, that’s a type of sexual harassment. Specifically, it’s called “quid pro quo” sexual harassment, and it’s illegal under Title VII of the Civil Rights Act. Typically, it occurs when a boss offers an employee a raise, promotion or something else they’ve been seeking if the employee
Getting a divorce when you and your spouse have wealth seems easier since there is plenty for you to share. Unfortunately, possessing valuable assets typically does the opposite—it makes your situation more complex. In any divorce, both parties deserve a share of marital property, but dividing assets in an equitable manner is no small feat for the average person. The
You’ve always been an independent person, and your kids are pretty much the same. You accepted that your dreams may not be their dreams – and that includes your plans for (what is currently) the “family business.” Now, however, at least one of your children has expressed an interest in joining your team. On one hand, you’re delighted at the
In many cases of alleged sexual harassment, the accusations will come years or even decades after the event occurred. Naturally, this does lead people to ask why there was such a delay and why the reports weren’t made right away. In fact, some people will mistakenly use this as justification not to believe the person who is claiming that they
When parents go through a divorce, the bitter fallout can severely affect their children. Hence, it is crucial for both parents to try and minimize the conflict and competition between themselves. Yet, some parents struggle. If you fear your spouse is one of those people, here are some things to watch out for after your divorce: #1. They compete on holidays You
How much do you know about the ins and outs of cryptocurrencies? What about non-fungible tokens (NFTs)? You would not be alone in struggling to grasp the consequences of these virtual assets. That’s why you might need to learn fast if you are divorcing and believe your spouse does understand them. Many more people have found turning to the virtual world a
When spouses are divorcing, they sometimes do things just out of spite or to “get back” at each other. Sometimes, the people who do this are otherwise decent and reasonable people who are overwhelmed by what is happening. One way that some spouses take revenge on their future exes is something called “dissipation of assets.” This is when one spouse
A law signed this month by President Joe Biden places a new limitation on what employers can restrict with nondisclosure agreements (NDAs) in their employment contracts. Specifically, the Speak Out Act prohibits employers from using NDAs signed as a condition of employment from being used to keep employees silent about sexual harassment or assault they’ve suffered. The new law is
