Starting a business is an exciting feat. You may even take on a partner in the beginning who complements you and has expertise in areas you don’t. After all, two minds are better than one, right? Unfortunately, not all partnerships go as planned. Because of this, you...
A Bespoke Law Firm®
Every business deserves savvy, attentive legal counsel — but not all businesses have the need or the budget for their own legal department. At the Sedhom Law Group, PLLC, we serve as outside general counsel for businesses that want to turn our seasoned guidance into opportunity.
Contracts
Can a family business partnership work?
After years of being a loyal employee, you’ve decided to take the leap and go it alone. Your dream has always been to form your own company. You have a plan, you’ve looked into the startup costs, and it turns out you’re going to need a little help to get started. ...
Why consider a buy-sell agreement for your business?
When starting a new business, you have a lot to consider. It is easy to overlook things that may protect your business down the road with so much going on. While this is true, one aspect of opening a business you should never overlook is the buy-sell agreement. Having...
What must employers do to make non-competes enforceable?
Employers typically include specific protections for themselves in employment contracts. Restrictive covenants are agreements that prevent an employee from engaging in certain behaviors. Non-compete agreements are some of the most common restrictive covenants in...
Owners sue developers of expensive high rise alleging numerous defects
The location of a person’s residence in New York City is a bit like a trademark: it speaks volumes about a person’s status in society, about a person’s income and about a person’s wealth. The opening of the 96-story skyscraper at 432 Park Avenue was a much awaited...
Don’t overlook the importance of a business plan
Many business owners in New York have spent years designing and building their business to make it a successful operation. There are many different aspects of a business that a business owner needs to deal with but one of the more important items is creating and...
The basics of non-solicitation agreements
Many New Yorkers have heard of nondisclosure agreements, which prevent bound parties from sharing the proprietary information of others. Also familiar to many individuals are noncompetition agreements, which limit where and when workers may seek employment...
What makes a non-competition agreement legal?
Non-competition agreements protect the legal interests of businesses all across New York. However, they have to be particularly tailored to be legal and enforceable. Before an organization has its employees sign non-competition agreements, it should ensure that their...
What to know about severance agreements
New York employers benefit when they are able to hire and retain effective and competent workers. No matter their industry, having good employees is an asset that practically every entity hopes to acquire. Through competitive salaries and benefits’ plans, many...
Protecting your business in influencer marketing deals
With the rise of social media, marketing has become increasingly crucial to businesses. Many are teaming up with “influencers” and other online personalities to promote products to mass audiences. 48% of participants in a study reported by Mobile Marketer reported...