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Implied Employment Contracts

October 11, 2021 by Sandra Ighalo

What Factors Can Be Cited as Evidence of an Implied Employment Agreement? In Texas, as in most states, employment is considered to be at will—the vast majority of people do not have any type of written agreement setting forth the terms and ...

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Filed Under: Business Contracts Tagged With: Implied Employment Contracts

Severance Payments

October 8, 2021 by Sandra Ighalo

When Are They Required? What Should They Include?

When Are They Required? What Should They Include? In Texas, which takes an at-will approach to employment relationships, you can terminate an employee at any time, and for any reason, provided it's not in violation of a valid employment agreement or ...

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Filed Under: Employment Agreements Tagged With: Severance Payments

Severance Payments

August 27, 2021 by Sandra Ighalo

severance-payments

When Are They Required? What Should They Include? Texas takes an at-will approach to employment relationships, which means you can terminate an employee at any time, and for any reason, as long as you don't violate a valid employment agreement, ...

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Filed Under: Employment Agreements Tagged With: Severance Payments

Employment Agreements—The Pros and Cons

August 6, 2021 by Sandra Ighalo

Employment Agreements—The Pros and Cons

When Is It Better to Have Your Employees Under Contract? There’s no requirement, at any level or for any job, that the parties enter into a binding employment agreement. A well-constructed agreement can offer benefits but also will place some ...

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Filed Under: Business Contracts Tagged With: Employment Agreements

Noncompete Agreements—The Basics

July 8, 2021 by Sandra Ighalo

Noncompete Agreements—The Basics

What You Need to Know About Covenants Not to Compete When you put a lot of time and money into a business—developing the product and packaging, building a customer base, and formulating the most effective marketing strategy—you don't want an ...

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Filed Under: Noncompete Agreements Tagged With: Agreement Is a Contract

Happy 4th of July 2021

July 3, 2021 by Sandra Ighalo

MCIS Law, PLLC

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Filed Under: Uncategorized

Choosing the Optimal Legal Structure for Your Business

June 9, 2021 by Sandra Ighalo

choosing-the-optimal-legal-structure-for-your-business

Factors Involved in Business Formation When you establish a new business enterprise, you have a number of options with respect to legal structure. The ultimate decision depends on several factors. Ownership Structure Determine the number of owners ...

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Filed Under: Business Tagged With: Optimal Legal Structure

Memorial Day 2021: Remember & Honor

May 31, 2021 by Sandra Ighalo

Memorial Day 2021: Remember & Honor

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Filed Under: Uncategorized

Are Oral Business Contracts Enforceable in Texas?

May 7, 2021 by Sandra Ighalo

When Must a Commercial Agreement Be in Writing? In business, many ventures and transactions are initially sealed verbally or with a handshake. Are there commercial agreements that must be in writing? For centuries, oral agreements have been valid ...

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Filed Under: Business Contracts Tagged With: Commercial Agreement

Setting Up an S Corporation

April 7, 2021 by Sandra Ighalo

Setting Up an S Corporation

Necessary Steps to Protect Your Enterprise An S corporation can provide a number of benefits to a startup business: You can limit liability to the amount of your investment. You can avoid taxation at the corporate level. Ownership can typically ...

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Filed Under: Business Formation Tagged With: Setting Up an S Corporation

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