Probate is an essential process where the court proves the validity of a will and authorizes the distribution of a deceased person’s assets to their close family members and other beneficiaries. The process gives a legal confirmation of the executor’s authority and the ownership of the assets before they can be passed to the beneficiaries. In most cases, the probate …
Understanding At-Will Employment in New Mexico
As a business owner or employee in New Mexico, it’s important to understand what at-will employment means and what rights and obligations come with it. At-will employment is a common type of employment relationship where an employer can terminate an employee at any time, for any reason, and without notice. However, there are some legal limitations on at-will employment in …
Employee Theft: How it Impacts a Business
Employee theft is a serious issue for businesses of all sizes, as it can have devastating financial consequences on the organization. This includes anything from stealing office supplies to embezzling tens of thousands of dollars from the company’s funds. When it comes to employee theft, business owners need to have a plan in place to prevent it from happening, and …
Understanding Expungement of Criminal Records in New Mexico
Criminal records can be a stain on your reputation that can affect your life in many ways. It can make it harder for you to get a job, a loan, and even housing. Fortunately, in New Mexico, you can get an expungement to clear your criminal record. This blog post is all about understanding the process of expungement, how it …
Protecting Your Business’ Trade Secrets
Trade secrets are perhaps the most valuable assets any company can have. They give businesses an edge over competitors, keep customers loyal, and help maintain a company’s brand or reputation. Trade secrets are a combination of confidential information, including processes, formulas, designs, and methods that give companies a competitive advantage. Furthermore, it is essential to protect these trade secrets to …
BLSW Attorney Johnn Osborn Makes a Compelling Cannabis Argument
Johnn Osborn has recently received some media attention, both locally and nationally, for his part in changing the zoning laws that previously dictated the distance in which cannabis businesses had to maintain from each other. By successfully arguing that a cannabis business going into vacant establishment improves the Albuquerque community, more cannabis retailers now have the green light to set …
Tax Payment Installment Agreements for Business Owners
Taxes can be one of the most substantial expenses for a small business owner. With the complex regulations and deadlines, it is not uncommon for small business owners to fall behind on their tax payments. Failure to pay taxes can lead to serious consequences such as penalties, interest charges, and even legal actions. However, there is a solution to ease …
The Importance of Vendor Contracts and the Role of Lawyers in Ensuring Compliance
Vendor contracts are essential legal agreements that businesses use to establish relationships with suppliers, service providers, and other external vendors. These contracts set out the terms and conditions of the relationship between the parties involved, including the scope of services, payment, deadlines, confidentiality, and legal obligations. They can also include provisions for dispute resolution, intellectual property, and warranties. As such, …
Understanding Insider Trading: Everything You Need to Know
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 …
