If you are considering starting a business with anyone else, you must protect yourself. Even if you trust your business partner implicitly, no one can ever know what the future may hold. Taking the time to protect oneself now will pay off immensely in the future. You and your partner(s) may need to secure financing… [Continue Reading]
Steps Business Owners can Take to Reduce COVID-19 Liability
Whether it is a bank, sporting goods store, or restaurant, Michigan businesses face increased liability claims during the COVID-19 pandemic from customers who claim to have been exposed during their time there. Concerns about liability have additionally raised the questions of whether businesses have an increased duty of care to customers as well as what… [Continue Reading]
Alternative Dispute Resolution for Business
Alternative dispute resolution (ADR) refers to a variety of techniques, including arbitration, mediation, and negotiation, that are used to resolve legal disputes and avoid more traditional methods like litigation. ADR is often a more effective approach than negotiation when corporate entities are involved. The following will review some of the primary advantages offered by alternative… [Continue Reading]
Choosing Arbitration Over Litigation in a Business Setting
Most business owners do not enjoy being mired in public disputes or messy litigation, either with business partners or clients. For this reason, if it is possible, these businesses may choose alternative dispute resolution methods that keep them away from litigation in court and offer more in terms of keeping the details of the dispute… [Continue Reading]
