Important Steps to Voluntarily Dissolving Your New York Business
Many businesses at some point come to an end, and the time comes to dissolve them. However, terminating a business is not something that can be done overnight. To protect your rights and tie up loose ends, there are some essential steps you need to take when dissolving your business. Our New York business attorneys […]
Does Your Business Need A Privacy Policy?
Business owners are always working to stay one step ahead in the compliance world. They also understand the wisdom of mitigating risks by addressing potential problems before they arise. One question that New York businesses sometimes have is whether they should adopt a privacy policy. The answer, as with many legal questions, is: it depends. […]
Is Your New York Business Violating Overtime Laws?
It’s the responsibility of every New York business to make sure it follows state and federal wage and hour laws. One area where many employers get in trouble concerns overtime laws. If your company fails to pay its employees the overtime they earn, you could be facing major legal penalties. Don’t expose yourself and your […]
What Are Your Options If Someone Defames Your Business?
Most people think of defamation as saying or writing something that unfairly damages an individual’s reputation. However, business defamation is a common occurrence that can have real-life consequences for companies. If someone libels or slanders your business, it could cause reputational damage and financial losses for your organization. This action is also known as trade […]
What New York City Businesses Need To Know About The New AI Bias Law
If you do business in New York City, it’s imperative that you know what the recently passed AI bias law is about. AI, or artificial intelligence, is an emerging branch of computer science that is reshaping the way business is done. But with the expansion of AI has come allegations that biases are written into […]
What Is Discovery In A New York Business Lawsuit?
Whether you’re the plaintiff or defendant in a New York business lawsuit, you will need evidence to support your arguments. Although you may already have some of that evidence, you likely don’t have all of it. This is where discovery comes in. It is the formal process by which parties to a lawsuit request and […]
How A Business Succession Plan Can Benefit Your Small Business
Every business owner knows that sound planning is essential to success. That means preparing for both the unlikely and inevitable changes that your organization will confront. Business succession planning is key to ensuring that your company can adapt to any contingency that may arise. Small businesses, especially, should consider enacting a plan to protect their […]
Will the FTC Ban Non-Compete Agreements?
The Federal Trade Commission (FTC) has signaled its intent to outlaw non-compete agreements, a rule that would affect businesses nationwide. The proposal comes amidst aggressive FTC action against non-competes in general. Once finalized, this rule will almost certainly come under legal attack and may not ultimately survive. Regardless, if you’re a business owner and employer, […]
Essential Legal Tips For New York Entrepreneurs
New York Entrepreneurs are often seen as innovators, taking business risks to turn their dreams into reality. At the same time, there is no need to take unnecessary legal risks. To the contrary, there are steps that New York entrepreneurs can take to mitigate those hazards. Are you ready to get started launching your first/next […]
Why Due Diligence is Essential for New York Businesses
New York is the 22nd state that’s most tech-savvy and business-friendly in the United States of America. If you are thinking about setting up or expanding your business here, you are on the right track. But, this doesn’t mean that you can just open a New York business without careful planning and expert advice. The […]
