Compensating an employee for their work should be one of the more straightforward aspects of running a business, or so it might seem. However, there are any number of reasons that a wage dispute might arise between a worker and their employer. Here are seven major reasons for wage disputes that you should be careful of, whether you are a business owner or an employee:
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What is a Fiduciary Duty in the Context of Business Law?
If you are involved in running a business, especially certain types of businesses like corporations, you may have heard the term “fiduciary duty.” This is a core concept that can have major consequences for anyone involved in running a business at a high level. But what exactly is a fiduciary duty in the context of business law, and what happens when someone breaches it?
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Seven Important Terms to Know in Your Severance Agreement
Depending on the circumstances of your employment, there is a chance you may be offered a severance agreement if you are ever fired or laid off. This agreement lays out a number of critical factors related to the termination of your employment, any and all of which are potentially up for negotiation. Here are seven important terms you should know in your severance agreement:
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The Pros and Cons of Mediation
Settling legal disputes in court is sometimes necessary, but it can also be time consuming, expensive, and stressful. Fortunately, there are alternatives available, including using mediation to handle disputes out of court. But what exactly are the pros and cons of mediation, and why might it work for your circumstances?
Yankees Drop Decades-Old Facial Hair Ban
In a shocking announcement, the Yankees’ owner, Hal Steinbrenner, announced that the team would be reversing its ban on players having facial hair, which has been in place for nearly half a century. The new rule will allow players to keep a “well-groomed beard” if they so choose. This could have a substantial impact on players on the team, as well as on other teams in the league.
Five Terms You Should Know in Your Employment Contract
If you signed an employment contract as part of your job, or you have been offered a contract as part of a job offer, it is crucial that you understand the terms in it. Otherwise, you may find that you do not fully understand the rights and obligations that the contract provides. Here are five essential terms you should know in your employment contract:
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Mediation in Landlord-Tenant Disputes
It is relatively common for tenants to get into legal disputes with their landlords, over a wide variety of potential issues. However, rather than going to court, many of these landlords and tenants choose to handle their issues in private mediation. But how exactly can mediation help in landlord-tenant disputes, and why might you choose to seek the assistance of a mediator for your own dispute?
NYAG Announces $5 Million Settlement in NWSL Abuse Scandal
New York Attorney General Letitia James, along with two other state attorneys general, has announced a $5 million settlement with the National Women’s Soccer League (NWSL) over claims of emotional and sexual abuse committed against its players. The money from the settlement will be placed into a fund to help athletes who were abused while playing for the League. In addition, the NWSL has agreed to put a number of safeguards in place that are meant to protect against future abuses.
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What You Need to Know About the FLSA
The Fair Labor Standards Act, also known as the FLSA, is one of the defining federal statutes that governs employment law. For many employees throughout the United States, it is the primary set of protections that ensures they are fairly compensated for their work. Here is what you need to know about the FLSA, whether you are an employer or an employee:
What is a Licensing Agreement, and Why Might You Need One?
Any business that deals with intellectual property- be they copyrights, trademarks, or patents- may need to deal with licensing agreements at some point. However, these types of agreements can be fairly complex, and can easily lead to disputes if not handled with care. But what exactly is a licensing agreement, and why might you need one for your business?
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