You may have heard the term “insider trading” in the news or within business circles, but do you truly understand what it means? Insider trading is a serious offense that can lead to hefty fines, legal consequences, and damage to an individual or company’s reputation. As a business owner or someone who is involved in the stock market, it is …
How to Collect on Debts Owed- A Guide for Business Owners
As a business owner, you understand the importance of maintaining a healthy cash flow. However, no matter how diligent you are with your financial management, there may come a time when you encounter some customers who are unable or unwilling to pay for the goods or services they have received. As a result, you may find your business struggling to …
What Is A Whistleblower and How Can They Be Protected?
Whistleblowers are individuals who report illegal or unethical activities within companies or organizations. Whistleblowers are individuals who report illegal, immoral or unethical activities within an organization. Such activities may include fraud, corruption, and other serious misconducts. In recent times, whistleblowers have become more prevalent, specifically within the business world, as they have played a critical role in uncovering corporate fraud, …
A Guide to Contractor Agreements for Business Owners
If you are a business owner, chances are you’ve heard about contractor agreements. But what exactly is a contractor agreement, and why should you know about them? In this article, we’ll take a look at the basics of contractor agreements and how they can help your business. What is a Contractor Agreement?A contractor agreement is a legally binding document that …
What to Do When Served With a Subpoena Regarding a Client.
What do I do if my business is served with a subpoena for information about one or more of my customers? Hire a lawyer! Of course, this is exactly the answer you would expect from a lawyer. But it is indeed the very best thing to do in this situation. However, it is not necessarily required, depending upon the nature …
The Benefits of Consulting a Tax Attorney for Your Business
As a business owner, taxes can be a source of confusion and stress. Filing taxes is complex and ever-changing, so it’s important to make sure you have the right guidance. One of the best ways to ensure that your taxes are filed correctly is to consult with a tax attorney. Let’s discuss why it is important for business owners to …
A Cautionary Tale of Estate Planning: Robin Williams’ Story
When the beloved comedian, Robin Williams, passed away in 2014, many were shocked and saddened. It was even more heartbreaking to learn that his family, though provided for in his will, spent years after his passing in court battling over items, budgets and Knick knacks due to the fact the language in Mr. William’s will was non-specific and overly vague.. …
What to do When Your Professional License is Under Threat
If you are a professional who holds some kind of license, the last thing you want to hear is that a complaint has been made and that your license may be in jeopardy. This can be an incredibly stressful and nerve-wracking experience, but it’s important to remember that there are steps you can take to protect yourself and your career. …
Everything You Need to Know About Probate
Probate is a legal process that occurs when someone passes away and their assets need to be settled. It involves making sure that the deceased’s debts are paid, and that their assets are distributed according to their will or state law if there is no will. Probate can be a confusing process for those who have never been through it, …
Business Law Southwest is Moving
Beginning February 27, 2023 Business Law Southwest will have a new location! Business Law Southwest will be moving to 6801 Jefferson St NE in Albuquerque, New Mexico. The new location is in the heart of Journal Center, a beautiful area full of various professional offices, restaurants and of course home of The Albuquerque Journal. Situated along the I-25 corridor, the …
