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Contracts

PODCAST: Blueprint to Associate Agreements

Associate Agreements and Core Concerns

Student Entrepreneurs in Dentistry Podcast Series: Blueprint to Associate Agreements I recently had the opportunity to participate in a podcast hosted by the Student Entrepreneurs in Dentistry of UNC School of Dentistry at Chapel Hill, led by Mr. Christian Hart. The podcast focused on two topics. The first was associate agreements, particularly that first agreement after…

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Key Terms for the Business Purchase and Sale Letter of Intent

Letter of Intent

Typical Terms in a Letter of Intent There are numerous stages in any business purchase and sale transaction. It is a complex and time-consuming process. One of the earliest steps in the transaction process is establishing the fundamental terms of the deal. The typical method of doing so is through the letter of intent or…

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Totman Law’s Three Underappreciated Issues Series: Three Common but Tricky Employee-Focused Issues in Written Employment Agreements

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Three Overlooked Issues in Written Employment Agreements: In today’s fast-paced world, employee mobility is a vital part of our individual economic outlook. It is in light of this context – the reasonable ability of the employee to move between opportunities – that we, as employees, must review and consider employment agreements. Not every employee is asked…

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Totman Law’s Three Underappreciated Issues Series: Three Key Tenant Risk Provisions in Commercial Lease Agreements

Waiver of subrogation, indemnification and limitation of liability

Tenant Risk in Commercial Leases: Tenant risk in commercial leases is a redundant concept. Commercial leasing embodies risk and risk allocation for the would-be tenant. As such, and because the lease agreement remains one of the most commonly utilized contracts in commercial transactions, the commercial lease is an incredibly important component of many businesses’ operational picture,…

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Bringing on a Partner: a Few Key Considerations

Bringing on a Partner

There are any number of circumstances or sets of conditions under which it may be appropriate, advisable or necessary to bring on a partner. Regardless of the reasons for doing so, however, bringing on a partner is a major milestone for any business, often leading to expanded fields of operation, cash and capital influxes and…

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Six Elements of Successful Contract Negotiations

Everyone has negotiated a contract. From haggling on the price of an old television at a garage sale, to negotiating salary and benefits at a new job, we have all negotiated a contract of one kind or another. That doesn’t mean everyone negotiates contracts well. Negotiating contracts is a skill like any other, and some…

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