Contracts provide much of the structure and stability that is necessary to run a successful business in North Carolina. However, conceiving of, drafting and signing a contract does not always proceed as smoothly as one would like. There are many situations where it...
When are time and material contracts useful in construction?
Though many North Carolina construction projects have specific goals and timelines, that is not always the case. It is possible for a project to have an unclear timeline or undefined goals. In such cases, construction company owners may have concerns about how to best...
Tips for creating thorough business contracts
When creating a business relationship or following through with a deal, it is critical that the details are correct. This is particularly true when creating business contracts that spell out the terms of the relationship or transaction. In most cases, business owners...
Essential details for an independent contractor agreement
When a North Carolina company gains a considerable amount of success, it often has more than enough work to go around. Unfortunately, that may mean that there are not enough employees to handle the workload, even if it is just a temporary surge in activity. In such...
Tips for creating a business contract
Most types of businesses in North Carolina will eventually need legal documentation for agreements made between the company and other entities, whether they are other businesses, clients or employees. These agreements are often stipulated in official contracts that...
Succession plan may be a crucial component of contract law
Many people who own a business in North Carolina may assume that when they retire or pass away that their children will take over the company. There are some instances where that is precisely what happens, but not always. Some parents may incorrectly assume that their...
Noncompete agreements must align with contract law
A business requires protection for certain proprietary information. Without it, employees could take valuable knowledge or resources to a competitor. This is why noncompete agreements are used by all kinds of businesses across North Carolina. However, this is a part...
Contract law: Do NDAs help or hurt for sexual harassment claims?
New businesses in North Carolina have to contend with many different kinds of legal matters, and contracts are just one facet of that. Recently, a great deal of discussion has centered around one certain type of contract law: non-disclosure agreements. NDAs primarily...
Common misconceptions about contract law
When people create a new business, they have several different matters they have to juggle. Though contracts may be one of the last things on a business owner’s mind, they can be important, as different kinds of contracts are needed for different parts of a business....
What things MUST you include in a contract?
As a North Carolina entrepreneur and business owner, you and your attorney likely spend a fair amount of time negotiating written contracts between your company and your various customers, employees, suppliers, distributors, etc. As you already know, a contract is a...