Every business needs risk management. It involves identifying potential risks, assessing their impact, and implementing strategies to mitigate and manage them effectively. While many businesses have internal risk management teams, attorneys play an important role in this process. There are both benefits and pitfalls to being in business. Even when your operations are moving along, […]
Title insurance is a form of protection that safeguards homeowners and lenders against issues or defects with the title of a property. When you purchase a property, you are essentially buying the title to that property, which is the legal right to own and use it. However, title issues can arise due to various factors, […]
High-net-worth individuals often face unique challenges regarding estate planning and probate. With a more significant estate and complex financial assets, it becomes even more critical to have a plan to protect your wealth and ensure a smooth transfer to your beneficiaries. Estate planning is challenging for any family because there are issues that you do […]
A new federal law became effective on January 1, 2024, requiring certain businesses to report information on beneficial owners to the federal government. If the law applies to your company, you only have until January 1, 2025, to comply with the filing requirements. Any willful failure to follow the law can result in steep fines […]
Forming a business is a momentous event in the life of any entrepreneur. The choices you make and the work you do now can set you up for success in the future. There are numerous implications of your decisions at the outset of your business. These decisions can determine how your business is run and […]
Intellectual property (IP) is a valuable asset that gives individuals and businesses a competitive edge in today’s fast-paced, innovation-driven world. Protecting intellectual property rights, from trademarks and patents to copyrights and trade secrets, is crucial for success. Intellectual property can be indispensable to your business because it represents the effort and investment you put into […]
Businesses and individuals may try to join together in pursuit of a specific project or in combination with each other for stronger long-term investment opportunities. They can often accomplish this through a partnership or a joint venture. Extensive preparations are necessary before people or businesses can begin a partnership or venture together. The most important […]
When it comes to resolving business disputes, there are two main paths to consider: litigation and mediation. Both have their merits and drawbacks, and the choice ultimately depends on the specific circumstances of your case. Here, a business dispute lawyer will explore the key differences between litigation and mediation, helping you make an informed decision […]
No business is immune to disputes. Conflicts with a supplier, vendor, partner, employee, or customer are bound to arise occasionally. How you handle these business disputes can make a big difference in their impact on your company. You need effective strategies for resolving disputes. Sometimes, you may need to work with an experienced Tacoma business […]
Starting a small business is the American dream, with 17 million new businesses formed in 2022. For many entrepreneurs and business owners, a limited liability company (LLC) stands out as an attractive choice due to its flexibility in taxation, governance, and the protection it offers against personal liability. While these benefits make LLCs a popular […]
