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Restrictive covenants are a common inclusion in modern employment contracts. Businesses require that new hires and those receiving promotions make certain concessions in exchange for employment opportunities. Many companies have workers sign non-compete agreements...
There are many different types of licensed professionals who provide important services for their clients. People hire lawyers or accountants to handle their personal or business affairs. They rely on architects and other skilled, educated professionals for matters...
Business partnerships are structured relationships where two or more people combine their resources and knowledge to start or take over a business. In theory, partnerships allow everyone involved to benefit from their partners' capabilities and experience. Some...
A variety of different non-public information can be a trade secret. Provided that information has economic value because it is secret and others cannot legitimately obtain that information, an organization likely has a vested interest in protecting that trade secret....
When organizations negotiate contracts with suppliers, vendors, service providers or independent contractors, they typically rely on those outside parties to follow through on their promises. Unfortunately, violations of agreements and overt contract breaches are...
Employment-related litigation often begins with an employee’s concerns or misconduct. Many lawsuits are filed by workers and target businesses based on allegations of misconduct. Workers sue over unpaid wages or harassment in the workplace and expect their employers...
Artificial intelligence (AI) promises to reduce the need to perform time-consuming labor. AI can help people generate images in a matter of seconds or review text for clarity with a few clicks. Current AI software can achieve a variety of different goals for users...
People turn to educated and licensed professionals in a variety of different situations. The average person doesn't understand tax law and may not enjoy doing complex mathematical calculations. They hire an accountant to file their income tax returns and manage their...
Working as a subcontractor can be a way to become one's own boss. Professionals who have skills, like the ability to smoothly mud drywall or install tile, can negotiate contracts with construction companies for individual projects. Subcontractors can pick and choose...
Most business owners and executives rely on other professionals, service providers and vendors to operate their company. Typically, they execute contracts with those outside parties as a means of ensuring a consistent stream of materials or the professional assistance...
