Acquisitions can significantly enhance a company’s capabilities and market reach, but they also can bring substantial cybersecurity and privacy risks. These risks are particularly pronounced in states like California and Texas, where more stringent data protection requirements and privacy laws apply. Properly addressing these risks is critical to ensuring a…
Business Lawyers Blog
Use Cases for AI and Generative AI in the Legal Industry
Artificial Intelligence (AI) and generative AI have been revolutionizing various sectors, and the legal industry is no exception. The deployment of these technologies is transforming how legal professionals operate, enhancing efficiency and opening new avenues for creative problem-solving. The use of AI in the legal domain encompasses a diverse range…
Business Partnership Lawsuits: Understanding Your Legal Options
Business Partnership Lawsuits — Disputed Between LLC Members, Shareholders, General Partners, or Limited Partners Nobody enters a business partnership or relationship expecting to end up in litigation, but disputes may arise that can only be resolved through a formal legal process. If you are involved in such a lawsuit, the…
Should You Convert Your Startup from a California LLC to a Delaware Corporation?
When it comes to forming a new startup, a California limited liability company (LLC) offers a number of advantages. As the name suggests, an LLC protects the personal assets of individual members from business creditors. And since the LLC is a “pass through” entity, any profits are taxed on the…
What Is a Demand Letter?
Business disputes arise for many reasons. For example, a vendor might have a unpaid invoice that is several months overdue. Or an insurance company may refuse to pay on a claim after your factory suffered fire damage. Or perhaps you recently had a fallout with a partner and have been…
California Statute of Limitations
Anytime you wish to file a lawsuit against someone in California, you need to be mindful of the statute of limitations. This is the legal deadline for initiating action on a particular type of claim. Failure to comply with the statute of limitations often means your case will be dismissed…
Mitigating AI Risk Considerations
The rapid evolution of artificial intelligence (AI) is reshaping the world through new trends, regulations, and shifts in user behavior. While AI offers numerous benefits, it also introduces significant risks, particularly concerning accuracy, accountability, data privacy, and security. By proactively implementing mitigation strategies, businesses can harness AI’s potential while protecting…
How to Structure Your Partnership in Texas
A partnership involves two or more people agreeing to do business together for profit, even when you do not intend or there is no written agreement to form the partnership. Legal partnerships must comply with registration, filing, and tax requirements applicable to any business, and a Texas partnership attorney can…
What are Escape Clauses in Texas Real Estate?
The escape clause is a clause, term, or condition in a real estate contract allowing one party to the contract to avoid performing their duties in relation to the contract. Escape clauses can offer both buyers and sellers of homes to exercise legal rights but can also be subject to…
Terminating an Employee in Texas
Texas is an at-will employment state, meaning at-will employees may be terminated at any time for any reason, as long as it is not an illegal reason when the decision is in the best interest of an employer. Terminating employees is rarely an easy decision, and any business struggling with…