The Pros and Cons of Alternative Dispute Resolution

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One of the worst things that business owners and professionals can face is litigation. The problem with litigation is that it can be very costly and time-consuming. It is also mentally and emotionally taxing, which is why most people prefer to avoid it. This is where alternative dispute resolution (ADR) comes in. An increasing number…

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The Critical Importance of Exhaustive Discovery

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Let’s get into the fascinating world of discovery. I remember my initial experience of the term like it was yesterday. During my early years in private law practice I assisted the seasoned attorneys with discovery. It sounded beyond exciting, as if we’d be tackling fast-paced scientific exploration, investigating stem cell research, or doing something even…

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Creating A Customer Service Revolution by John DiJulius

John DiJulius

About John DiJulius John DiJulius is redefining customer service in corporate America today. He didn’t read the books on customer service, he wrote them. One of the most captivating and charismatic speakers today, John’s keynotes and workshops are used by world-class service companies to provide unforgettable customer service every day. In his high-energy presentations, he…

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8 FAQ Regarding Contracts

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What is a contract? A contract is a promise or set of promises for the breach of which the law gives a remedy or the performance of which the law recognizes as a duty. In other words, a contract is a promise that is enforceable by law. What are the requirements for proving the existence…

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What You Should Know About Breach of Contract with Fraud Claims

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Contracts are used in business to create legally binding agreements between parties. Violating any of the conditions or terms of the contract is referred to as a breach of contract. A contract breach can result in a civil cause of action that may result in a variety of damages, including monetary damages and specific performance.…

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Three Types of Buy-Sell Agreements

There are three general types of buy-sell agreements. They are often defined as: fixed price, formula price, and valuation process. Fixed price agreements are exactly as they are advertised – the price is set in the agreement, and that price stands until the agreement is updated. Fixed price agreements tend to result in a fairly high…

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Winning Big In Court: End Goal, or Idealized Outcome?

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We live in a society that’s familiar with the legal process, but most everywhere we look we see a version of the legal world that isn’t true to reality. A key player in this misleading charade is the “big win.” Entertainment plays it up, as do sensational news stories. After so much exposure to the…

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Finding a Business Acquisition By Creating a Deal Magnet

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Finding a Business Acquisition By Creating a Deal Magnet Recently a prospective client approached me for help with a business acquisition he hoped to make. The prospect had yet to identify a suitable opportunity but knew he wanted to acquire a manufacturing business. He spoke as well of forming a search partnership to make several…

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The Critical Importance of An Acquisition Action Plan

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With any business acquisition, we can recommend and prepare a comprehensive business acquisition strategy. At the top of the to-do list is a thorough consideration of all tax-related aspects of the contemplated business acquisition. This consideration should precede drafting a letter of intent. Over the years, I have observed that many clients will proceed to draft…

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Buying a Distressed Business Can Be a Good Acquisition

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For some buyers, but not most, buying a distressed or troubled business can be the right move. Buying distressed businesses is a risky acquisition strategy – but with potentially great rewards. Recently a client of mine bought a business that was so troubled that it had been shut down altogether and “mothballed.” My client knew…

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