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Amazon Abandons Arbitration: Should My Company Follow Suit?

You are likely already bound by many mandatory arbitration clauses tucked away in your contractual agreements, whether as an employer, employee, or even a consumer. This has traditionally been the route for companies hoping to deter class action claims from customers and employees, and to keep their disputes out of the public eye. However, after facing an unreasonable amount of individual arbitration demands by consumers regarding the Echo Dot device, Amazon jumped ship on arbitration due to the impending massive costs. Because of this decision, consumers can now file individual claims against the company or even group together in a Read more
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Do Texas Employers Have to Pay Employees for Work Missed Due to Inclement Weather?

The recent 2021 winter storm in Texas shut down a large portion of the state for the week.  Lack of electricity forced the closing of many businesses.  Those businesses that were able to stay open had numerous absences from employees who could not travel to work because of the snow and ice or could not work remotely because of the lack of electricity at home.  A common question from employers is whether or not they are required to pay employees for work due to inclement weather. The answer depends on a couple factors.  First, is the employee a non-exempt (often, Read more
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Transacting Business in Multiple States

Are you registered to do business in every state in which you provide services? What about those states in which your client is based but you provide all your services remote? Or that state in which you have a remote employee who moved away from your corporate office when most businesses transitioned to remote workers in response to COVID-19?  For a lot of business owners, they assume that once they have established their company entity, they are free to transact business as they please (whether they established the entity in the state where their corporate office is located or in Read more
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Business Law Dallas TX

5 Tips in Business Law for Negotiating a Contract

Once you’ve entered the realm of small business ownership, you’ve accepted along with it many business law facets like negotiating contracts. Oftentimes you either love or hate this task, but it’s a necessary piece of the business puzzle. Here are 5 tips to use when negotiating a contract: Do some research on previous contracts. Back up your claims. Write your arguments down on paper. Know who exactly you’re working with. Set the precedence of what you can do for them. At Simon | Paschal, we’re here to help guide you through the legal portions of small business ownership to ensure your company’s Read more
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Business Law Dallas TX

Business Law Dallas TX: The Four Types of Business Structures

Many entrepreneurs who are in the process of starting their own companies often have questions about business law Dallas TX and a common question is which type of structure is best for their businesses. Selecting the wrong type can result in financial, tax, and relationship issues. There are four types of business structures, and each has its own advantages and disadvantages. Business Law Dallas TX:  Sole Proprietorship (No Legal Entity) A sole proprietorship is a business that is owned by one person and is not organized as any particular legal entity (i.e. corporation, limited liability company, partnership, etc.). Unlike other business structures, there Read more
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Business Law Dallas TX

Business Law Dallas TX: 5 Tips for Drafting Bulletproof Contracts

Business is built on contracts. Business law Dallas TX is largely wrapped up in contract law – contract negotiations, contract drafting and of course, contract disputes. Although contract disputes can spring up no matter how well-drafted the contract, having a solid agreement can reduce contract litigation, and if someone does breach and a lawsuit follows, an airtight writing can make all the difference between winning or losing. Business Law Dallas TX: 5 Contract Drafting Tips Put everything in writing and include an integration clause.  Oral business contracts are difficult to enforce in court. If your business enters an agreement with another Read more
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Business Law Dallas TX

Business Law Dallas TX Is Complicated and Requires an Expert’s Help

You may be an expert in your own business, but few successful business people are well-versed enough in business law Dallas TX to handle all of the varied legal issues that affect every aspect of business, from forming a company to selling it, not to mention all the other legal circumstances that come up in between. For example, when you have built a business so successful that larger companies come knocking on your door to buy, you will want to consult an attorney who specializes in business law to ensure the sales contract represents your best interests. Business Law Dallas Read more
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Business Law Dallas TX

Business Law Dallas TX: Designating Your Business as an LLC

Every new business wants to choose the right type of organization to protect themselves and their business, but business law Dallas TX can be complex. Simon | Paschal can help. Along with helping you understand the benefits of a Limited Liability Company (LLC), we can help you avoid the pitfalls of an LLC as well. It’s important to understand all of the benefits that you’re entitled to. Keep as many detailed records of your business as possible, so that you can be defended if necessary. Call Simon | Paschal at (972) 893-9340 to prevent your business from having any problems with the start up of an Read more
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Business Law Dallas TX

Business Law Dallas TX: Should Your Startup be a Partnership or LLC?

Business law Dallas TX helps startups and existing businesses protect their ideas and finances. An experienced law firm helps you determine what type of business you should form. For many startups, a corporation may be too complicated, and going it alone as a sole proprietorship is too time-consuming. Forging a limited liability corporation (LLC) or general partnership can be the answer for many new businesses. Business Law Dallas TX: The Difference between an LLC and a Partnership Forming your business as a corporation or LLC protects your personal finances. A limited liability corporation (LLC) requires fewer initial filings to start Read more