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...
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Quantifying damages in a breach of contract scenario
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...
How AI may compromise the quality of professional services
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...
The pros and cons of specific performance after a contract breach
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...
Social media creates opportunities for nondisclosure breaches
For many businesses, social media is a beneficial resource. Social media advertising allows for very controlled and deliberate use of marketing funds. Social media can also drive brand awareness, as it only takes one viral post or video to make consumers aware of a...
When vendors don’t deliver what they promise
Most business owners and executives are eager to lock in agreements with companies that provide their raw materials or retail goods. Yet, despite making an agreement more enforceable, a vendor contract is not an absolutely guarantee that another business will follow...
2 ways a franchise company may fail entrepreneurs
Entrepreneurs who want to run a successful company but perhaps do not have any hands-on business experience may choose to buy into a franchise as a means of running an enterprise while reducing some of the risks that come with the startup process. People think of...
3 Texas payday laws all companies should know
Employers in Texas must ensure that they pay their employees in accordance with state laws and federal laws. This can be a complex process, but making sure employees are paid properly can help to keep employee morale up. It can also keep the company out of legal...
Are handshake deals enforceable in Texas?
A handshake deal is just another word for a verbal agreement. Two business professionals discuss how they can work together and, rather than drafting a contract, they just shake hands and agree to move forward with their plan. Many people use handshake deals because...
New guidance on discovery of cell-phone usage in Texas litigation
Does the whole world get to see that awesome “Tacocat” meme your friend just texted you? If you or your business are later involved in a lawsuit, the answer is maybe. But new guidance makes it less likely. In the cellular age of life and business, it is increasingly...

