Many people confuse ‘mediation’ with ‘arbitration’, and some use the terms interchangeably. Fear not, you will never do that after reading this short breakdown. “Mediation” is a voluntary settlement conference where opposing parties attempt to settle their dispute using a 3rd party mediator, usually a lawyer or retired judge. The mediator does not make any decisions but merely tries to …
What Legal Aspects Should I Consider When Naming My Business?
Naming your business is one of the most exciting steps in creating your brand identity, but it’s also a critical moment for making smart legal decisions. The name you choose will represent your company in the marketplace—for better or worse. What many new business owners don’t realize is that choosing a name without considering legal factors can lead to trademark …
Knowing When to Dissolve Your LLC
Deciding to close your business can be tough, especially when it involves a Limited Liability Company (LLC). Many business owners find themselves asking, “Is it time to dissolve my LLC?” Ignoring the signs can lead to financial strain and legal headaches. Here’s how to recognize when it might be time to make that call, and what you should consider along …
Can You Move Your Business (LLC) to Another State?
Relocating your Limited Liability Company (LLC) to a new state can open the door to exciting opportunities such as greater access to customers, lower taxes, or even a better cost of living for you and your team. But moving an LLC isn’t as simple as packing up your desk and hitting the road. It involves legal, financial, and operational considerations …
Super Lawyer Class of 2025 Announced
BLSW Attorneys Receive Prestigious Honor. Super Lawyers rates outstanding lawyers who have attained a high-degree of peer recognition and professional achievement. Super Lawyers recognizes the top attorneys nationwide, across a variety of practice areas and firm sizes, using a patented process of independent research and peer input. The lawyers selected include those with many years of experience, as well as …
Fiduciary Duties and Constructive Trust in New Mexico Real Estate
Fiduciary duties lie at the heart of the real estate profession. When individuals engage a real estate broker to help them navigate the process of purchasing property, they are entitled to honesty, loyalty, and the utmost good faith. If a broker breaches these fiduciary duties for personal gain, courts in New Mexico—and elsewhere—have a range of equitable remedies at their …
What Are the Different Types of LLC Dissolution?
Why You Need an Attorney on Your Side Ending a business is rarely an easy decision. Whether it’s due to financial difficulties, changes in goals, or disputes, dissolving a Limited Liability Company (LLC) involves more than just ceasing operations. It’s a formal process that, when done incorrectly, can lead to significant legal and financial complications for everyone involved. For small …
Important Factors to Consider Before Buying a Business
Buying a business can be an incredibly rewarding endeavor, whether you’re an entrepreneur looking for your next challenge or someone eager to become their own boss. However, purchasing a business isn’t something to rush into. There are key factors you need to evaluate to ensure you’re making a wise investment. This blog will guide you through the essential considerations, helping …
What is a Trust?
Trusts are legal arrangements made to serve a variety of specific purposes. They can be seen as legal agreements between a person who sets up the trust and a trustee, who manages assets for beneficiaries. Trusts can serve as an essential component of a person’s estate planning process, particularly when it comes to transferring assets or wealth to heirs or …
Public Information Requests in New Mexico
As a resident or a business her in New Mexico, you might need access to public information held by state agencies or local governments. Thankfully, the state has provisions for the release of such information through what is known as a Public Information Request. However, the process can be complex, and difficult to navigate. In this post, we will discuss …