Your best friend just hit you up for money, and although you don’t want to get too formal, without a proper (and legally binding) loan note, there is a chance that you will never see your money again. Here’s what needs to be included in a legally binding loan note […]

Contracts are seldom easy and pleasant reading. They are typically filled with legal jargon that almost nobody (except business lawyers) truly understands, but there are a few contract terms that consumers need to know: Offer Nearly every contract begins with an offer, which expresses the intent to be bound by […]

Increasingly, many people want to fulfill a lifelong dream: being their own boss. But before they trade their employee status for that of an independent contractor, they need to know at least the basics of each. Generally, an employer-employee relationship exists if a worker performs services that can be legally […]

Many people assume that personal injury lawsuits frequently go to trial, but the opposite is actually true. According to TheLawDictionary.org, 95-96 percent of personal injury cases are settled before trial. What’s more, 90 percent of the cases that do go to trial don’t end with a favorable result, although the […]

If you hit the jackpot and win the lottery, you’ll never have to worry about money again, right? Wrong. With good money management you could live well for many years, but from the moment you claim your prize, the temptation to squander your winnings will be ever present. One of […]

Many employers in North Dakota, particularly those with headquarters out of state, often find out about a unique aspect of North Dakota business law once it is too late. Only after an employee quits and starts a competing business does the employer discover that North Dakota law provides non-competition agreements […]

While 2015 might not have been revolutionary in terms of bringing gender equality to corporate America, several exciting things happened that could prove to make the lives of working women easier, and maybe even more profitable, in 2016: Paid Leave When Netflix announced a new policy under which salaried employees […]

A business contract is a legal agreement between two or more parties that specifies a shared objective. When conducted in the appropriate manner, business contracts are a great way for two companies to work together and gain benefits through the purchase or sale of products and services. Although various types […]

If you decide to start a small business, one of the most common decisions you’ll have to make  is how the business will be structured. There are several choices but the most common are  LLC, or  S-Corp? Read on to learn some of the major differences between the two, and […]

A business contract is a legal agreement between two or more parties that specifies a shared objective. When conducted in the appropriate manner, business contracts are a great way for two companies to work together and gain benefits through the purchase or sale of products and services. Although various types […]

Starting a business with a partner can provide many opportunities for entrepreneurs that they may not have by going solo. They provide a second set of ideas, eyes and resources to help create a successful and thriving business. To make sure this businesses partnership is as successful as possible, here […]

It is not surprising that the oil boom has brought many changes to North Dakota. The technological advancement of drilling and fracturing in the Bakken area has driven more resident and non-resident mineral owners to sell or lease their rights to oil and gas companies. As a result, there has […]

If your bank, cell phone provider, employer or other company that you conduct business with violated your rights or cheated you, would you want to retain your ability to take them to court? Many companies are now using fine print to stop you and other consumers from doing so through […]

Mergers and Acquisitions play a huge part in the world of corporate finance. These events happen on a regular basis and can have a lasting impact on the companies involved. When investing, or thinking of starting to invest, it is important to understand what a Merger or Acquisition is, and […]

Business owners have a lot of responsibilities – they have to delegate responsibilities, promote the company, manage the administrative duties – the list goes on. The last thing that any of them have is extra time. When a business finds itself in legal trouble, they need a lot of time […]

Tax day has now passed, and hopefully all of your taxes have been properly filed.  While the majority of tax payers rely on the help of  a CPA, there are situations in which working with a lawyer would be highly beneficial.  Below are circumstances in which speaking with your lawyer […]