When looking at a commercial lease either as a prospective tenant or as someone who wants to make sure they know their lease terms, it’s always a good idea to read the entire agreement yourself and have a lawyer review it, if possible. If you’re saving money by reviewing your own lease, there are certain clauses to be aware of …
NM Unemployment Benefits in the Wake of COVID-19
If you need to reduce your workforce, make sure you have the facts to share with your employees. Unemployment Benefits Both the State of New Mexico and the federal government have adjusted unemployment benefits. Here is what employees can expect and where to find more information. New Mexico Unemployment The State of New Mexico has eased unemployment requirements to help …
Is Your Business “Essential” in Today’s COVID-19 Environment?
Recently the Governor of New Mexico issued a stay at home instruction for New Mexicans. https://cv.nmhealth.org/2020/03/23/state-enacts-further-restrictions-to-stop-spread-including-stay-at-home-instruction/ The order lists what types of businesses have been deemed “essential” but falls short of offering much detail other than that. The fact of the matter is many businesses provide products and services that their owners/managers certainly believe to be essential in today’s stay-at-home …
Can My Business Re-Negotiate Its Contracts with Vendors and Our Landlord in Light of the COVID-19 Pandemic?
In today’s COVID environment, businesses are being told to close their doors and send employees homes. As such, many business owners are struggling to earn enough revenue to be able to meet their contractual obligations to their vendors, landlords and banks, let alone make payroll. With financial disaster looming for so many businesses, do standard contracts, loan documents or leases …
Successfully Managing Your Business During Social Distancing. (Coronavirus)
With schools closed, empty shelves at grocery stores and people it a general panic, it’s hard to imagine how one carries on, business as usual. If you’re like me, your mind has been sucked down every what-if rabbit hole imaginable, finding it hard to envision what “normal” looks like and how your work fits into this new reality. As the …
Are Handshake Deals Enforceable?
There is a common misperception that written contracts are required for any agreement to be enforceable. While it is almost always preferable to have a written contract, hopefully crafted by an attorney with an understanding of the issues related to the specific type of agreement contemplated, all is not necessarily lost if you do not. There are some types of …
PTO in New Mexico
Do you think that because your employee handbook specifically states that if your employee quits, they forfeit unused vacation time? Well, in New Mexico, depending on how you award your employees their time off, you could be wrong. What is an Administrative Code? The New Mexico Administrative Code states that vacation pay and other forms of pay for time that …
Celebrating KOATS for Kids!
At Business Law Southwest, we are all about giving back to the community. On Dec 11, we invited some of our downtown business neighbors over to join us in gathering up donations. It was a tremendous success! Learn more about KOATS for Kids here.Find a drop off location near you here. Ready to speak to an Attorney?Contact us or give us …
Election Year Political Pitfalls for Nonprofits
With 2020 and the upcoming November Presidential election quickly-approaching, political chatter will definitely be in the air—from co-workers discussing the debates at the water cooler to family members posting their views on Facebook. Although the first amendment protects our rights to express our views as individuals, non-profit 501(c)(3) organizations must be careful, as they cannot legally engage in the same …
Business Law Southwest is a proud sponsor of KOAT 7 KOATs for Kids!
We are excited to announce that Business Law Southwest is a proud sponsor of KOAT 7 KOATs for Kids! If you want to make a donation, we’re located on the sixth floor of the New Mexico Bank and Trust Building in the heart of downtown Albuquerque. Make your coat donation from November 19 to December 20, 2019. Google map: https://goo.gl/maps/nqoVNoABv2ABS8v47 …
