Businesses operating in the technology and pharmaceutical sectors face unique challenges in protecting their intellectual property. Effective IP protection is necessary to safeguard innovations and maintain competitive advantage. There are several strategies these...
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Business Law
What to do if your Texas corporation experiences a data leak
Data leaks can be a nightmare for any Texas corporation, potentially exposing sensitive information and harming both the company's reputation and supplier and customer trust. Protecting data is more important than ever, but even with the best security measures,...
Legal requirements for protecting customer information
Data privacy and security are important considerations for businesses that collect and store customer information. Texas has laws specifically pertaining to the protection of customer data from unauthorized access, use or disclosure. Understanding these requirements...
Small business tax deduction strategies
When you run a small business, every penny counts. One way to save money and keep more of your hard-earned profits is by taking advantage of tax deductions. As a small business owner, you should know how to maximize your small business tax deductions. Separate your...
What to know about expanding your overseas business to the U.S.
Expanding your business overseas can be a strategic move to tap into new markets and boost growth. The United States, with its vast consumer base and dynamic economy, is a popular destination for international businesses seeking expansion. Before making the leap, it...
3 things to know when expanding a business to another state
Expanding a business to another state is an exciting venture that comes with its own set of challenges. Being well-informed about the legal aspects of the process can ensure a smooth transition. There are a few key things in particular that business leaders should...
How does an LLC protect itself against a consumer lawsuit?
Operating a retail business can be a lucrative venture, but one that comes with its fair share of risks. Opting for a limited liability company as your business structure is often a smart move for protecting the owners' other assets. In the case that a consumer raises...
3 common reasons shareholder or owner disputes happen
Shareholder or LLC member disputes can arise within a business for various reasons. These disputes can hinder the smooth functioning of a company and impact its overall success. 1. Divergent visions and goals One common cause of shareholder or member disputes is the...
Is it time to retain outside general counsel?
It is a given that businesses call upon attorneys when they have questions about significant transactions, compliance issues or legal exposure. Since attorneys’ skill sets vary, the owners or board may reason that hiring the right lawyer for the job is best on a...
The benefits and risks of cross-border mergers and acquisitions
Merger and acquisition transactions have many benefits and risks. Each deal works differently, but they can allow a business to compete more effectively, expand its brand, eliminate redundancy and further excel. A merger or acquisition may enable a company to grow...