Conn. Supreme Court case shows need for employment-contract precision

A case handed down by the Supreme Court of Connecticut on Feb. 11, 2014, teaches a lesson about the importance of drafting clear and unambiguous employment contracts. If you are a Connecticut business owner, be sure to engage knowledgeable and experienced legal counsel to execute enforceable employment agreements on your behalf so that your employees clearly understand what they are agreeing to and to avoid the potential expense of fighting about it in court. The Connecticut Supreme Court case Norma Continue Reading

Business succession planning is key in Connecticut

Few issues loom larger than succession planning for small and family-owned businesses. Passing a business on to younger generations is notoriously difficult without proper planning. It can take years of meticulous preparation and leadership training and must often be updated. Too often small business owners delay creating a succession plan or rely on outdated agreements with partners. Not only does this make a business transition more difficult, it can harm the owner’s estate beneficiaries or devalue the assets of a Continue Reading

Forming an LLC can be highly advantageous for your business

To run a successful business, you have to be good at what you do. It’s likely that you know your business inside and out. However, if you don’t have a legal background, you might not be sure which form of business entity is best for your type of business. A limited liability company, or LLC, is a business entity that has been growing in popularity for years. Only an experienced business law attorney is qualified to advise you on which Continue Reading