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...]
Archives for December 2015
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...]
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...]