Mediation and early neutral evaluation are two alternative dispute resolution methods that help individuals and organizations solve problems outside of court. These processes share the common goal of facilitating dispute resolution. However, they differ significantly...
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Business
The legal steps to forming a business in Kentucky
The 2021 U.S. Census reported over 92,000 businesses with employees in the state. Becoming a part of this landscape is an exciting venture. However, it demands careful planning and adherence to certain procedures. Understanding the steps involved in this process is...
What to know about unauthorized use of a trademark
The U.S. Patent and Trademark Office reported 440,668 trademark applications in 2022, not including foreign applications. In the world of business, trademarks are invaluable assets that represent a company's brand and its unique products or services. Unauthorized use...
Facing price gouging accusations in your business
According to the United States Census, there are over 360,000 small businesses in Kentucky. In bustling marketplaces throughout the state, businesses strive to offer competitive prices to attract a wide range of customers. However, during certain situations,...
What start-up businesses need to know about protecting their intellectual property
Because it is intangible, it can be challenging to clearly identify your company’s intellectual property. Intellectual property is the knowledge, processes and intangible technology that your company develops and uses. In many cases, your intellectual property is more...
Ending your business partnership
The end of a business partnership can be as tumultuous as the end of a marriage. As you dissolve your partnership, you must divide the assets that you and your business partner have contributed and acquired in your joint venture. There are many steps to this complex...
What to do if someone sues your business for breach of contract
Running a business has so many built-in struggles. Regrettably, a lawsuit for breach of contract is a real possibility that can add to your burden. Such a suit may come from an employee, vendor, customer or another company if the entity believes your company did not...
3 ways to protect your intellectual property
Your intellectual property (IP) includes your designs, inventions and ideas. When someone steals or copies your work for financial gain, it can harm your business. Therefore, it is essential to safeguard your IP and protect the integrity of your product. Register your...
How a partnership agreement can prevent business disputes
Starting a joint venture with a fellow entrepreneur is an exciting opportunity to achieve something great with your shared resources. There is always a cause for concern, though, as disputes can arise between even the most like-minded of partners. Partnership...
Why do I need to consult with an attorney if I have an invention or idea?
Innovation is an important part of success in any marketplace. Those who have a solid idea or invention are wise to take steps to protect it, otherwise they risk losing out to a competitor. How do I protect my invention or idea? There are couple of different ways to...