We’ve often been asked. What matters more—a former employer’s intellectual property and business assets or an ex-employee’s right to fair future employment opportunities? Such a question often arises when we encounter employment breakups. And such endings can hurt, especially if non-compete agreements are involved. Fortunately, the more recent reforms to state laws have taken a […]
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Many employers will ask all of their new employees to sign a non-compete agreement. These contracts seek to limit any competition the employer will likely face from any previous employees who have intimate knowledge of how their business operates, and as a result, are in a great position to steal customers, clients, and even other
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Alternative Dispute Resolution (ADR) refers to any method of settling a dispute outside a courtroom. ADR includes mediation, negotiation, reconciliation, and arbitration. Settling outside of the courtroom has many benefits, including faster settlements, lower costs of litigation, and more control for the parties involved to find a solution. What Is Alternative Dispute Resolution or ADR?
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A legal contract outlines the obligations of each party to the contract. Each party to the contract relies upon the other for the fulfillment of obligations under the contract. For instance, an independent contractor agreement requires the independent contractor to fulfill his or her obligations on an agreed task or role. The company pays the
What is a Contract Default? Read More »
Illinois business and contract law attorney Danya Shakfeh explains how to assess risk in a business transaction. She explains key terms you should review in a contract including covenants (promises), warranties, and liability capping. (Video length: 3 minutes, 58 seconds)
This is How You Assess Risk in Business | Illinois Business Lawyer Read More »