Business Law

The whole purpose of a contract in California is to ensure that the people entering into it do what they say they are going to do. The contract will state the obligations of each party to it and they will then sign it, agreeing that they will do what it states....

When two or more individuals decide to start a business, they usually pay close attention to certain organizational details such as the form of the business, distribution of shares, formal incorporation and income tax matters. One area that is too often overlooked is...

A business partnership offers many advantages, including the opportunity to combine skills and resources to develop a successful business. At the same time, whenever two or more people work together, disputes can arise. So what happens when partners cannot agree on...

Contracts are a basic part of doing business in Los Angeles. They provide the mechanism for ensuring financial transactions occur in an organized and efficient manner. However, sometimes one side to the contract does not follow through on their end of the agreement....

For many businesses, obtaining a government contract can seem like a boon. After all, it can represent a dependable income stream with less risk than may be found in private contracts. But despite this potential benefit, government contracts are also not without...

A trade secret can make or break your business, giving you a distinct edge over you competition in the marketplace. But those trade secrets are only valuable to you if you can keep them out of the hands of your competitors. That’s why many businesses utilize...

Partnership agreements govern business partnerships. What happens in the day-to-day of the partnership can be complex and challenging which is why business partners who find themselves in the middle of a disagreement should understand the different options that may be...

The business world may be climbing out of the crisis atmosphere that began with the pandemic in 2020. But these events are also a reminder of the business law and financial consequences if there is no planning for business crisis risk. Even though the situation is...

Events during 2020 demonstrated how important the development of a crisis management plan is to California companies. A properly-crafted one is created with the thought of having to make quick and accurate decisions during emergencies. This tends to help reduce any...

To get your business started in California, you'll need to cover the costs of running it before you start making a profit. For some business owners, it could be a year or two before they start seeing a return on their investment. If you're like most people, you...