December, 2015 Archives

Archives for December 2015

Creating Effective Non-Compete Clauses

One of the easiest ways for a competitor to gain a competitive advantage is for them to acquire a company's most valuable asset; the employees. They have the skills, experience, and knowledge competitors are eager to acquire. Effectively drafted non-compete clauses can reduce the risk that employees will end up on the competition's payroll. Non-compete agreements should be independent of other clauses and covenants. Ideally, it should be a standalone agreement. This limits the ability of a … [Read more...]

The Planning Stage of Advanced Care

Estate planning accomplishes several objectives, including the deferral or reduction in estate taxes, avoiding probate, and ensuring that the defendant's assets pass on to heirs of his or her choosing. What happens to that person medically is another aspect of estate planning, and these details can be contained in an advance care directive. This part of estate planning is a legal document that is created while the person is still mentally and emotionally capable. It indicates their decisions, … [Read more...]

Trucking Companies, Owner-Operators and the Dangers of Incorrect Paperwork

It is common for truckers to own their own business, both owning and driving a truck. Large trucking companies often engage in business partnerships with owner-operators, a practice that can prove rewarding for both parties. When the partnership is not properly documented, however, problems can arise, leading to legal disputes which are thoroughly avoidable. Illinois Transportation Laws In order to keep drivers and all who travel the roads safe, Illinois transportation laws include regulations … [Read more...]

New Rules for Commercial Drones

From medical deliveries to real estate surveys, an increasing number of business transactions and practices now involve the use of commercial drones. However, as the world adjusts to this new technology, government regulations continue to evolve too. Because these small, unmanned aircraft continue to interfere with airplane flight paths, the Federal Aviation Administration (FAA) is introducing new requirements to enforce existing rules for recreational and commercial drone use. Registration … [Read more...]

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