You spend countless hours drafting contracts with indemnification and insurance clauses as a contractor. Whether you are a subcontractor, supplier or overseeing the project, you should know this. Here are some things you should expect in a claim. Claim originator If...
If you are like most business owners, you take great care to reduce or eliminate dissension in the workplace. Although you probably understand that disputes are a natural part of working together, you probably do not expect an employee to have a dispute with your...
Intellectual property is incredibly valuable in every industry, including the construction industry. These assets may include machinery, processes, tools or materials you developed. Your company’s information, from your brand name to your website and phone number, is...
Construction projects are typically complex endeavors with many people having a stake in the success of the build, including the owner, contractor and any other stakeholders. The bidding process is a crucial part of the success of the project. Bidding issues may...
Non-compete agreements give employers peace of mind that their employees can not legally take proprietary information to a competitor. Many businesses include noncompete agreements as part of the new hire documentation, and employment may depend on signing the...
The Louisiana Department of Insurance requires certain licensees to carry a surety bond. Each bond has to meet certain criteria in order to be acceptable. What Is A Surety Bond? A surety bond is a written guarantee of payment, compliance or action among three...
Construction projects are long and meticulous, but your involvement as a contractor does not end when your crew leaves the site for the final time. You might still be on the hook for any construction defects that future property owners or lessees may attempt to claim....
The most challenging yet essential part of running a small business is doing the little things. However, these tasks will catapult you to the top and make you successful. If you own a small business, ensure you are doing these tasks. 1. Manage Cash Businesses tend to...
Forming a limited liability company separates your personal assets from your business assets. An LLC structure is looser than a corporation, but you still must comply with Louisiana’s revised statutes for forming this entity. The law requires you to file articles of...
You may assume that a commercial lease is similar to a residential lease, and in some ways it is. But commercial leases must address additional items that are not applicable to a residential property. Knowing what these items are is crucial to making good decisions...
