Entering into an Oregon business partnership requires you to have a certain level of trust. However, partnerships turn sour for all types of reasons. So, it may serve you well to have a solid partnership agreement in place even if you have the utmost trust in your...
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Contracts
What is “termination for convenience?”
Securing a contract is a noteworthy event in the life of any business in Oregon. This is especially true if your company's new contract is with a government partner. Such entities typically offer greater stability than businesses in the private sector. Therefore, some...
What makes a contract fair?
When trying to enforce a contract through litigation, the court will scrutinize the contents. It will look for anything that might violate the law. While there are many different legal aspects required to create a binding contract, you always want to be sure that in...
How do you avoid contract disputes?
You opened your own business recently, and you feel ready to create your first contract with a client or employee. Do you know how to avoid contract disputes? Set yourself and your business up for success and smooth waters. Account for all financial matters before...
What challenges surround broad NDAs?
In the business world, non-disclosure agreements (NDAs) can be used for several purposes. They are often employed to protect valuable information, such as trade secrets. They can also be used to keep the terms of an employee settlement under wraps. A third function of...
3 types of commercial leases to watch out for
As a new or expanding business owner, you want to get a lease that provides the lowest overhead for the best service. That seems like a no-brainer, but where residential leases have state and federal-mandated regulations — commercial leases do not. It comes down to...
What do you need to cover in a construction contract
When you decide to work with another contractor, company or entity on an Oregon construction project, assume that there is a high potential for issues and disputes to arise. Construction disputes are often costly and time-consuming. They may also lead to significant...
Business contracts: understanding non-compete agreements
Certain types of legal agreements allow a business to protect its competitive advantage and proprietary information. Through non-compete agreements or including certain terms in business contracts, an Oregon company is able to keep closely held information safe, even...
Going on the offensive after breaches of business contracts
Formally drafted legal agreements are some of the most powerful tools available to Oregon business owners. Contracts allow a business to work with another party while minimizing risks, lowering the chance of financial loss and ensuring all parties adhere to the terms...
The foundation of solid business contracts
One important tool for Oregon businesses are legal agreements that outline expectations and requirements in certain types of transactions and relationships. Business contracts are useful for making sure every party does what was promised, and they can be helpful in...
