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What Is a Non Compete Agreement and Is It Enforceable?

Legal Assistant Business Law, Resources

A non compete agreement serves one primary purpose – to prevent any employee who leaves your company from divulging confidential business information to the competition. These types of agreements are generally issued to business executives, officials, partners, or any other company employee who is privy to trade secrets and other sensitive information that they are supposed to protect. You can …

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What’s the Difference Between a Confidentiality Agreement and NDA?

Legal Assistant Business Law, Resources

If you thought that Non-Disclosure Agreements, or NDAs as they are popularly called, were reserved for celebrities, well, you thought wrong. They are an essential piece of legal documentation for anyone who wants to keep certain aspects of their professional or personal life private. Signatories to NDAs have to pay-up hefty amounts in damages if they break the terms of …

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What Is Capital Gains Tax and How Is It Calculated?

Legal Assistant Business Law, Tax Law

If you’re researching capital gains tax, congratulations! It’s likely because your investments are doing well. Or, at the very least, you’re preparing for when they start to yield some major returns. Either way, you’ve come to the right place to find the information you seek. If you created a low-cost, diversified portfolio, there’s a good chance that the assets you …

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Can the Government Close a Business?

Legal Assistant Administrative Law, Business Law, Civil Rights, Constitutional Law

As the COVID-19 pandemic swept across the nation, one of the measures that state governments across the country took in an attempt to contain its spread, was to shut down business operations and encourage citizens to stay at home. It meant that you couldn’t dine-in at your favorite restaurant, catch a couple of drinks with your friends at the local …

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What Is Alternative Dispute Resolution?

Legal Assistant Administrative Law, Business Law, Resources

Here’s the best way to describe alternative dispute resolution. Picture this: You loaned a friend a substantial amount of cash. They were down on their luck and were having a hard time trying to make ends meet. So, they asked you for money to help get them through their rough patch. You obliged, especially because they promised to pay it …

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Can I Sue for Wrongful Termination?

Legal Assistant Business Law Leave a Comment

You just got fired from your job. But, something about the way it happened doesn’t sit right with you. The reason they gave sounded flimsy and, in your opinion, did not warrant getting fired over. If this describes the current situation you’re in, you’re probably trying to figure out – Can I sue for wrongful termination? Well, the answer to …

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Legal Obligations & Protections for Employers in the Age of COVID-19

Legal Assistant Business Law, Employment Law, Resources Leave a Comment

As the government continues to take unprecedented steps to control the spread of the coronavirus, a topic that has generated a great deal of public debate is – What exactly constitutes an essential business and how is it different from those classified as non-essential? Understanding this is important when it comes to defining the legal obligations and protections for employers …

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Small Business Bankruptcies in the Wake of COVID-19

Legal Assistant Business Law, Resources

COVID-19 has changed many things for a lot of people. Small businesses haven’t been spared either. The enactment of the CARES Act (Coronavirus Aid, Relief, and Economic Security Act) seeks to support individuals and businesses that have been hard-hit by the pandemic. What you may not be aware of, however, are the revisions made to certain provisions of the US …

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Cares Act: What Is It and Who Does It Cover

Legal Assistant Business Law, Resources

The coronavirus pandemic has brought with it uncertainty. The only way to assess the true potential economic impact of the virus involves not just focusing on its epidemiological profile but also evaluating the way governments, businesses, and consumers respond to it. According to data from the US Bureau of Labor Statistics, the unemployment rate in the country has surged to …