What New Businesses Need to Know About Contracts
Every business owner understands the importance of strong, enforceable contracts. If your company is new, you might be tempted to draft these contracts yourself. But there are some potential drawbacks to doing so. In fact, there may even be cases in which you might not realize you need a contract. Are you a new business […]
How Can a New York Business Attorney Help You Start Your Business?
Starting a business is a serious decision. While there are many potential benefits to doing so, there are also risks. Many of the hazards that new business owners encounter are legal in nature. It therefore makes sense to have an experienced attorney help get your company off the ground. Are you ready to start your […]
What to Know About Granting Equity Compensation to Your First Employees
Start-ups routinely offer equity compensation to their initial employees. This can be a mutually beneficial arrangement. Employees who own a stake in the company can reap lucrative financial rewards as the business grows and profits. This serves as an incentive for workers to invest themselves personally in the company. Meanwhile, founders can save cash by […]
Protecting Your New York Business Against False Advertising Claims
New York has strong laws that protect consumers from false and misleading advertising. Companies that are found liable for false advertising can face significant civil penalties. But not all advertising that is labeled “false and misleading” actually is. Consumers are often quick to make this allegation when they end up with a good or service […]
Can a Business Owner Be Held Personally Liable for the Debts of a Business?
Many businesses incorporate or create limited liability companies (LLCs) to shield their owners from personal liability for business debts. However, there are circumstances in which legal formalities can be set aside to reach an owner’s individual assets. Courts may allow a plaintiff to sue the owners by taking an action known as piercing the corporate […]
New York City Bans Weight and Height Discrimination in Employment
A New York City ordinance enacted in May regarding height and weight discrimination has gone into effect. As of November 22, 2023, the law prohibits such discrimination in employment, housing, and public accommodations. At the same time, there are some narrowly written exemptions to the law. New York City businesses need to understand what the […]
Tips for Successfully Negotiating a Business Contract
You and another party have agreed in principle to a deal. Now begins the hard work of reducing that agreement to a written business contract. The most well-drafted contracts will clearly explain the rights and obligations of all parties. But how the terms of that contract will ultimately look will depend on how well you […]
The Right Ways to Break a Commercial Lease Early
When you sign a commercial lease agreement in New York, you are generally expected to abide by it. However, there are ways to break the lease agreement without being in the wrong. Every case dealing with lease agreements is different, but there are some general guidelines for early termination. Breaking a commercial lease early can […]
Common Mistakes to Avoid With Commercial Leases
If your business is in the market to lease commercial space, you likely understand the importance of this decision. Signing a commercial lease isn’t just a financial commitment. Choosing the right (or wrong) space could impact the future of your company. Yet all too many businesses overlook a few simple steps that could save them […]
Advantages of Arbitration Over Traditional Litigation
If your business has a legal dispute with another party, you may be wondering if arbitration is a good idea. Assuming it’s an option, you should explore the advantages this alternative dispute resolution method offers. The New York business lawyers of Rosenbaum & Taylor are here to advise you on the benefits of arbitration. Our […]
