9 Legal Strategies For Successful Joint Ventures

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Legal Strategies For Successful Joint Ventures Forming a joint venture offers a lot of promise and benefits, especially considering that you can share expenses and losses, resources, expertise, and access to new markets. However, they can come with several complex challenges, including strenuous decision-making processes, profit-sharing ratios, governance structure, etc. This article will break down…

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13 Step Legal Checklist For Launching A Startup

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According to a publication by Entrepreneur, some of the common legal challenges startups and small businesses face include intellectual property (IP) ownership conflicts, improperly documented equity agreements, employment law compliance, contractual issues, and regulatory compliance [1]. With adequate knowledge and solid legal counsel, you can navigate the complexities of launching your startup without dealing with…

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IP 101: Understanding Trademarks, Copyrights, Trade Secrets, And Patents

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Intellectual property (IP) is a vital asset in the modern business environment, offering a variety of protections that can enhance competitive advantage, generate revenue, and foster innovation. This article shows you the basics of patents, trademarks, copyrights, and trade secrets, all of which are under the umbrella of intellectual property. Understanding IP (Intellectual Property) Intellectual…

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Common Legal Issues in Business and How to Address Them

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According to The Zebra [1], 90% of all businesses experience a lawsuit at some point in their lifespan. That’s ‘virtually’ every business ever. Whether you’re a big or small business owner, you must expect it. So many things can go wrong legally when running a business, and some of these issues can damage your business…

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How to Resolve Business Disputes Quickly and Effectively: A Step-by-Step Guide

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Every business owner must learn the valuable skill of resolving disputes. This skill will become useful at one point or the other in your business life. It will save your business from litigations costing thousands of dollars, severing business relationships, reputational damage, and waste of time and other resources. According to the U.S. Chamber of…

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Legal Closing Checklist in Mergers and Acquisitions

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Legal Checklist for Closing an M&A Deal Why do you need an M&A closing checklist? Did you know that approximately 10% of all large mergers and acquisitions are canceled yearly? Out of over 2,500 deals announced between 2013 and 2018 and valued at over €1 billion, 265 deals were canceled. What could cause these cancellations…

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The Legal Challenges of Selling a Family-Owned Business

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So, you’ve decided it’s time to sell your family business and start a new chapter for you and your family. You must understand that this process is a complex and emotionally charged one. The intertwining of family dynamics, personal relationships, and the legacy built over generations adds layers of complexity that require careful consideration. It’s…

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The Role of Legal Counsel in Business and Contract Negotiations

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A study by the International Association for Contract and Commercial Management revealed that over 40% of businesses reported a negative impact on their business relationships as a result of contract disputes. Many of these disputes emanate from poor attention to detail during the negotiation phase. You can eliminate that challenge by working with an experienced…

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The Importance of Due Diligence in Mergers and Acquisitions

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According to a study conducted by M&A consultants Alan Lewis and Dan McKone, out of 2,500 M&A deals analyzed, more than 60 percent resulted in lost shareholder value. Most research indicates that only about half of M&A activity meets its objectives, making it essentially a coin toss. Due diligence is the lifeblood of any financial…

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