Unilateral is a type of business contract that you could draft in New York. The parties entering a unilateral contract don't have to follow through unless one of them begins to complete the requested work. In a bilateral contract, the worker can't change their mind...
Business & Commercial Law
What are the different business structures for a company?
In the state of New York, there are several different business structures for entrepreneurs to choose from. Each structure operates differently under the law and produces different outcomes regarding administration, taxation and more. Take your time researching the...
Do you have a partnership or a joint venture?
Although you may refer to working together with another business or professional as a partnership, it may be a joint venture under New York law. For legal purposes, you need to know what type of business activity you're engaging in. Joint venture New York business law...
Understanding new laws: the Trademark Modernization Act
Businesses are in a constant battle to protect their rights, brand, and image. In addition to running a successful business, it is important in many cases to successfully navigate the complex world of business & commercial law. This field of law is constantly...
Considerations for calculating damages in business lawsuits
Business and commercial law protects businesses of all sizes in New York. However, figuring out damages in business lawsuits can be a daunting task. Measuring lost profits A person needs to think about how to measure the damages of an early business during lawsuits....
How to choose a legal structure for your company
Choosing a legal structure for your New York business will be among the most important decisions that you'll make as an entrepreneur. If you plan to run the company on your own, the business will likely be labeled as a sole proprietorship by default. If the company...
Settling New York partnership disputes
Successful business partnerships in New York require careful planning from the outset. When people decide to go into business with others, they should recognize that they will need to be able to work together to ensure the success of their enterprise. Even when...
What makes competition unfair in business?
The capitalist system in the US thrives on competition, and New York has one of the most competitive business environments in the world. This financial contest normally drives efficiencies and keeps prices in check. So, what does it mean to say that some competition...
How to manage partnership disputes
Partnerships are one of the most common business structures in the U.S., and entrepreneurs in New York are well aware of the benefits of partnerships. Often, working with someone whose skills complement one’s own is a wonderful way to get a business off the ground....