Articles Posted in Corporate-Business

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Like any other worker, traveling employees are entitled to payment for the time they devote to work, whether they’re traveling for business or simply on call. Making sure all legal requirements are met and potential problems are avoided is key to both regulatory compliance and sound HR management.

Payment for Travel Time

Traveling employees are entitled to payment for time they spend traveling for work, though specific restrictions do apply. The rules vary depending on whether it’s a one-day trip or an overnight trip.

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The laws that govern employment and labor are primarily designed to protect the rights of workers throughout the nation. Unfortunately, those laws are both numerous and complex, so making sure your business complies with all of them can be a challenge without skilled legal counsel.

At Hart David Carson LLP, we help Illinois employers navigate the process of labor law compliance while also developing effective internal policies, management practices, and contracts.

Employment & Labor Practice Areas

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As your company grows, the question of whether to go public will eventually arise. This decision ultimately hinges on your organization’s goals and its ability to sustain continued growth. In the end, you’ll want to make the choice that best aligns with your business objectives.

Advantages of Going Public

There are, of course, many advantages to taking things public. Doing so creates a great opportunity for a growing business, and it can help you reach loftier objectives. Among the advantages of going public are the following.

Typically, you want to avoid litigation. It can be expensive and time-consuming, and when it happens between business partners, it’s a surefire way to end that relationship. That said, sometimes it’s unavoidable. When pursuing litigation, it’s important to avoid the various pitfalls that could ruin your case. In this piece, we’ll discuss six common litigation mistakes and how to avoid them.

1. Neglecting Cost-Benefit Analysis

The first mistake may be that of pursuing litigation at all. It’s important to perform a cost-benefit analysis on what you hope to gain from your lawsuit. This not only tells you whether it is even worth pursuing, but it also helps you stay focused on what’s most important if you do decide to litigate.

Whether you run a community association for condominium owners, homeowners, or commercial owners, it’s vital to know how to keep within the bounds of both your agreements and the various laws that pertain to your organization. There are various fields of law at play here, including real estate, corporate governance, contract writing, and more.

To successfully manage your community association, consider these five tips.

1. Be Clear on Restrictions and Requirements

Most businesses derive a great deal of value from their intellectual property. As such, when someone infringes upon your IP rights, it’s important to be able to defend them. However, that doesn’t always require a lawsuit. IP litigation can be expensive, so alternative dispute resolution methods are often preferred.

Following are a few ways to quickly resolve an IP dispute without resorting to litigation.

Letter of Demand

If your property tax bill seems too high, you may wonder if there’s anything you can do to lower it. One option is to challenge your property tax assessment, but that’s only effective in certain situations, particularly given how these taxes are calculated in Illinois. In this article, we’ll discuss how to decide whether you should challenge your property’s tax assessment.

How Property Taxes Are Determined

Before diving into whether you should challenge the tax assessment on your home, it helps to first understand how your taxes are calculated. In Illinois, a property’s taxable value is determined by an assessor from your county or township.

Employee lawsuits can be expensive, even if you end up winning. If you have employees, avoiding employment disputes is vital to success. Here, we’ll go over six tips for avoiding employment disputes.

1. Set Clear Expectations

First, employees are less likely to sue if your expectations are clearly set forth. By taking the time to make sure your requirements are both fair and clear, there’s less of a chance that an employee will feel that they are being treated unfairly.

Mergers and acquisitions are terms often used in the same breath, even to the point where we abbreviate them as M&A. However, while they both refer to the joining of two companies together, they are very different concepts.

Here, we’ll go over the differences between mergers and acquisitions and why you might opt for one or the other.

The Main Difference Between Mergers and Acquisitions

When it comes to resolving disputes, arbitration has often been touted as more cost-effective than litigation, and it’s generally true—at least as long as it’s handled properly. To get the most out of arbitration, consider the following tips and tactics.

Have a Clear Arbitration Cause

First of all, a clear arbitration clause is a vital aspect of keeping arbitration as cost-effective as possible. By establishing the details of how arbitration will be carried out in advance, you can prevent a lot of the back-and-forth that may occur if those details were left up in the air.

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