A 2011 Supreme Court decision has had a major effect on the number of class action lawsuits being brought by employees against companies, as the employers are pushing arbitration as the top option. Consumer disputes can now not be the subject of class action disputes, which has led to dramatic declines in both the number of class action consumer lawsuits and the cost of these to companies. A Coachella Valley corporate law firm can make a number of recommendations for any company that is concerned with the potential for class action lawsuits being brought against them. Continue reading
Tag Archives: Labor Contracts
Question: What sort of contract should you have when you’re employing a developer for equity?
Is this contract what you would give to employees other than the compensation part? What is the regular practice if a company plans to give more equity for one employee over another? If I’ve 50% equity and a contracting developer has also 50% equity, what happens if I choose to bring another member on and offer them 10% equity? Is it possible to take 5% from the developer and my equity to pay this person? Continue reading
Realistic Concerns When Negotiating a New Contract
Before consideration for a bargaining strategy can be implemented, the employer must identify the goals of the company. A determination must be made on which is more important for the company, less restrictive language in the contract or better economic terms. The company must also decide if they have the appropriate Palm Springs business litigation law firm bargaining on their behalf. Continue reading