High-tech employees working in states that enforce non-compete agreements suffer for it in lower wages and reduced job mobility, according to a recent study released by the University of Michigan’s Ross School of Business. Jagadeesh Sivadasan, an associate professor of business economics and public policy at the University of Michigan’s Ross School of Business, compared… [Continue Reading]
Get it in Writing: The Statute of Frauds
Like much of Western jurisprudence, English common law is the foundation for the American legal system, which includes a 17th Century law known as The Statues of Frauds. Traditionally, the Statute of Frauds requires a written executed document, signed by both parties, the following circumstances: Contracts in consideration of marriage, including prenuptial agreements. Contracts that… [Continue Reading]
Please Text on the Dotted Line
As electronic communication continues to evolve and text messaging augments, or even supplants more “traditional” forms of electronic correspondence, people need to be increasingly on guard that the potential for a simple text message to be interpreted as a binding contract is not so farfetched. A case from last April, adjudicated in the Massachusetts Land… [Continue Reading]
