Business Law Articles

Learn and discover the latest useful business law articles for practical information, DIY, and ideas from a network of leading business and corporate lawyers.

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What Is Organizational Culture

Culture affects how people experience an organization—that is, what it's like for a customer to buy from a company or a supplier to work with it.

Succession Planning

Succession planning is the process of identifying the critical positions within your company and developing action plans for successors and employees to assume those positions. Succession planning involves preparing potential leaders and high performers for possible future roles.

What is a Business Partnership?

The meaning of a business partnership is a legal relationship between two or more persons to share responsibility and profits of a business.

I Got Audited by Unemployment

The payroll tax audit ensures workers are properly classifed, payments made to employees are properly reported, and protects workers’ rights to receive benefits. If you fail an EDD or California Labor Commissioner audit, your company could be liable to face penalties and interest on the owed taxes.

What Happens if You Fail an Unemployment Audit?

In you fail an unemployment audit, the commission adds a 15% penalty to the tax. If you fail to defend yourself the EDD will impose a significant fine against you and your company.

What are Formal and Informal Communication in Business?

Formal communication is communicating of official information about the business or workplace. Examples of formal communication are reports, business letters, purchase orders, while informal communication are often telephone or in person conversations.

Employee Relationship Management

Employee relations refers to the relationship between or among an employer and its employees. Employee relationship management refers to managing the relation between the various employees in an organization.

Who Are Millennials

Any person born between 1981 and 1996 (ages 27 to 42 in 2023) is considered a Millennial, and anyone born after 1997 are considered Generation Z.

Types Entrepreneurs

Our business attorney identifies the many types of entrepreneurs, their qualities, and the tools they utilize to become successful.

14 Recession Proof Business Industries

Recessions are inevitable, as our economy is constantly in flux. Some businesses, however, can survive during economic recessions. Surprisingly, some businesses even thrive when a recession hits, providing more financial stability for the business owner and much less anxiety and stress.

Recession Proof Industries 2023

The four most recession-proof industries to work in are education, computers and information technology, and healthcare.

How to Write the Perfect Slogan for a Business

The best way to make a slogan for a business is to keep it short and simple.

Start A Business in Commercial Photograph

Start a commercial photography business by selecting a specialization you're interested in. A commercial photographers add value to a business.Then launch a new commercial photography business by registering your business with the state and local government.

Part-Time Business Ideas

Nakase Wade business attorneys in Los Angeles identified 23 part time business ideas that our clients are successfully operating at a profit.

How To Trademark Business Name

To register a trademark in California, submit an online trademark application to the Secretary of State.

Reimbursing employee expenses

Under California employment law, employers must reimburse employees for all necessary business expenses incurred by the employee in direct consequence of the discharge of his or her duties or of his or her obedience to the directions of the employer.

eBay vs. Amazon Business Model

The difference between eBay and Amazon’s business models is that eBay operates like an auction house, and Amazon operates like a retail store.

How Do I Sell Myself in 30 Seconds

One of the most important skills an entrepreneur can have is selling themselves. Entrepreneurs in all industries should be able to pitch their ideas and their potential to fulfill their goals. However, individuals should be able to pitch themselves quickly: ideally in 30 seconds or less.

Common Reasons for Business Partnership Dispute Litigation

It is common for business owners to have disputes concerning ownership percentage, control of the business, or business management. Solving the ownership dispute is key to preserving the company.

What Does Due Diligence Mean in Business

The definition of due diligence is the exercise of reasonable care in examining a company’s financial statements, invoices, receipts, income, and bank statements and comparing competitors’ benchmarks.

Self Employed Jobs

What are the best self-employed jobs for new entrepreneurs? Freelancing is the best way to start working for yourself from home. This article provides a list of self employed jobs to start working from home. 

What Percentage of Businesses Fail?

An estimated 1 in 5 businesses in the U.S. fail within the first year, and nearly 50% fail within the first five years. (U.S Bureau of Labor Statistics)

What is a Loli?

Loli means a young girl, underage girl, or childlike female character, particularly in the lolicon genre. The term loli is often used in connection with males attracted to young girls that leans towards erotic characteristic. The loli subculture has its origin in Japanese anime and manga.

What Does a Trustee Do?

A trustee acts as a legal owner of the assets held within a trust and assumes fiduciary responsibility by managing the trust's assets for the trust's purpose.

Suing a business partner who stole money from a joint account and emptied the bank account.

A business partner who stole money from a bank account may be liable for embezzlement and ground to sue. You may sue a business partner for breach of fiduciary duty for stealing emptying a joint account.  

Removing Partner from LLC

The process of removing a partner from an LLC may be found in the partnership agreement, the LLC operating agreement, or the LLC Article of Organization. Alternatively, the withdrawing LLC member may give written notice of withdrawal.

Fiduciary Responsibility Definition

A fiduciary is an organization or person that acts on behalf of another person and has an obligation to put that person’s best interest first and above the fiduciary’s interest. A fiduciary owes the beneficiary a fiduciary duty, the highest standard of care in law and equity.

What Type of Business is a Partnership?

A business partnership is a business owned by two or more people. A business partnership is generally created by a formal agreement where two or more owners jointly operate and manage a company.

Grounds for suing a business partner

You can sue your business partner if the partner stole, sabotaged the business, took money without permission, abandoned, embezzled, committed fraud, or breached a fiduciary duty.

Partnership vs Joint Venture

Joint ventures are distinguishable from partnerships because joint ventures generally involve two or more companies combining their resources for a limited business scope and aim. A partnership comprises of two or more persons working together in business.
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