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6 clauses every business contract should have
In business contracts, the clauses typically found at the end of an agreement are known as the boilerplate clauses, which set out provisions for specific aspects of the contract. There are no hard and fast rules when it comes to drafting these clauses, as they will...
How to dismiss a company director
Directors bear a great deal of responsibility and are legally bound to work in the best interests of the company. As such, any non compliance with the company’s articles, or any breach of duty must be treated seriously and in certain circumstances, a director’s...
Everything you need to know about Independent Legal Advice
The term Independent Legal Advice (‘ILA’) is unbiased and unprejudiced advice given by a solicitor who is not in any way connected to the parties involved in a legal matter or transaction. ILA is required in order to protect the party deemed as not benefiting from the...
What are your duties as a company director?
When the Companies Act 2006 came into force in the UK, company directors were legally bound to fulfil certain duties or risk facing severe repercussions, including dismissal or disqualification by court order. Here is an overview of some of the general duties to give...
Non-Compete Clauses – Can you rely on your contract?
A non-compete clause is intended to protect the business interests of employers or franchisors by preventing the other contracting party from taking and using their trade secrets, customer information, business relationships, or any other information that may be...
How TUPE impacts you if you are selling your business.
If your business hires employees, it is more than likely that they are protected by the Transfer of Undertakings (Protection of Employment) regulations, also known as TUPE. This means that if you’re selling your business, you must act in compliance with TUPE’s...
How to vary an employment contract
There are different steps to be taken when changing the terms of an employment contract, depending on whether the changes are being proposed by the employer or the employee, and depending on the nature of the changes. First, obtain the employee’s written consent by...
Six things your solicitor can teach you about business
Although there is a common misconception that lawyers are only needed for drafting complex legal documents and mediating disputes, the reality is that the insight and guidance of solicitors can be more important for your business than you think. The right legal advice...
Essential legal tips for every start-up business.
Launching a start-up business is more than coming up with a great business idea, and it can be daunting to tackle all the legal requirements for your new company. That’s why we’re sharing a few key tips for every soon-to-be start-up founder, to set you and your...