Archives: News

A Commercial Lease Agreement is one of the most common contracts that a business will enter into, but far too often, a business will sign off on a lease after a cursory review.  As you can imagine, that can often lead to serious problems down the road.  Below is our top ten list of things […]

Artificial Intelligence (AI) has become a pervasive force across industries, affecting everything from data processing and decision-making to creative arts and public discourse. As AI systems grow more sophisticated and autonomous, questions about their role in society have shifted from the technical to the philosophical and legal. One of the core issues at stake is […]

When it comes to supply, manufacturing, or other product or service transactions and arrangements (purchase orders, service agreements, sale terms and conditions), it is surprising how many companies rely on the “handshake” approach and either do not have any terms to govern the transaction or blindly accept the other party’s terms. Without any written terms, […]

The Americans with Disabilities Act and the Rehabilitation Act (applicable to federal employees) prohibit an employer from discriminating against a qualified individual on the basis of disability. A “qualified individual” is someone who, with or without reasonable accommodation, can perform the essential functions of the employment position that the individual holds or desires. One form […]

As your business engages in its ordinary course of activities, various types of contracts such as engagement letters, vendor service agreements and consulting agreements will be negotiated and entered into. Though these contracts are often standardized and include boilerplate language, many terms remain negotiable and clients may push back on certain clauses. While the terms […]

With college costs continually rising, families are looking at all possible ways to save money to pay for secondary education for their child. One potential way is with a Code Sec. 529 account. Brian T. Whitlock explains what Code Sec. 529 accounts are, the benefits and pitfalls the account could have, and helps you determine […]

In an effort to increase transparency and deter money laundering specifically in the residential real estate sector, FinCEN has announced a final rule (the Residential Real Estate Rule) focusing on non-financed sales of residential real estate that avoid the scrutiny from financial institutions that already have anti-money laundering and countering the financing of terrorism (AML/CFT) […]

On April 23, 2024, the U.S. Department of Labor (“DOL”) announced an update to the Fair Labor Standards Act overtime rule (“Overtime Rule”) which has substantial payroll implications and requires employers’ immediate attention. The DOL’s update to the Overtime Rule increases the salary threshold for exempt employees – those working in professional, executive, or administrative […]

I received an e-mail from a client this morning. Does it make sense to start a foundation? How much would I need to put in it? It is a great question. Here was my response: Economically, it does not make sense to start a foundation with less than $10 million. There are legal fees to […]