Key person life insurance can be a business-critical tool for risk management. Businesses use this type of insurance to protect their financial stability in the event of losing an essential team member. A key person is often a founder, executive or top salesperson...
Helping Businesses Thrive
Greater Boston Area Legal Blog
How Massachusetts companies manage employee agreements
In Massachusetts, businesses often use non-disclosure and non-solicitation agreements to protect their interests. These legal measures protect company information and prevent ex-employees from poaching clients. But, companies must balance these constraints with...
Understanding how mergers and acquisitions differ
Owning a Massachusetts business involves careful decisions and strategy about how to best grow the company. Sometimes a business goes as far as it can. A possible solution to expand an enterprise is to combine it with another business. Joining companies can yield...
5 strategies to avoid FMLA violations
In the dynamic landscape of the modern workplace, businesses must navigate various regulations to ensure smooth operations. One such regulation, the Family and Medical Leave Act, protects employees' rights to take unpaid leave for qualified medical and family reasons....
Why businesses should pursue succession planning
Succession planning ensures the long-term success and sustainability of a business. Business leaders need to identify and develop potential leaders who can step into key roles when current leaders retire or move on. Ensure business continuity Of all business leaders...
How to handle commercial real estate disputes with sellers
The process of buying commercial real estate in Massachusetts can be complex. While it is usually a rewarding investment, it also has its fair share of challenges. With over 2,000,000 commercial real estate properties in the United States, as reported by the National...
How do companies use non-disclosure agreements?
Businesses use non-disclosure agreements to institute confidentiality between two parties, such as an employee of the business and their clients. There are several different types of non-disclosure agreements, and industries use each type for different purposes. Here...
Tips for protecting your non-compete agreement
Business owners turn to non-compete agreements more frequently than ever before to protect their investment in the workforce and intellectual property. Although non-compete agreements are standard in many industries now, each state has its own regulations. As a...
How an employee handbook can help your company
A well-run business can benefit from a good employee handbook. Employers develop employee handbooks to help inform employees about employment expectations, company policies, benefits and employee rights. A company can have an extensive employee handbook or a more...
Include these 3 clauses when developing a lease as a landlord
Leases are vital documents for landlords because the legal, binding documents set all the terms for the renter's stay, including the responsibilities of all involved parties. It offers guidelines to refer to for conflict resolution. The violation of a lease grants the...