Let me start this post by saying that the law is not black and white. If it were, no one would need to hire lawyers. So, now that we have that out of the way let's get to the topic at hand. Are you and your personal assets protected once you set up an LLC? Let’s take a closer look because, surprise, there is no easy answer. What Is an LLC? I am not going to bore you with all of the details (because let's face it, do you really want to know?), instead, here is what you need t

Let me warn you right off the bat - this is not going to be a post about how you should reward yourself after you complete a task. Nor am I going to tell you to stand in front of a mirror repeating "I am not a procrastinator" 100 times. Nope. If you are looking for that type of advice, you will not find it here. Instead, I am going to share with you the cold, hard facts concerning procrastination that I learned throughout the last 15 years as an attorney, and an unconventiona

Transcript from UTLRadio Episode #285. Don't forget to subscribe to the podcast! You're listening to Understanding the Law radio with your host Attorney Peter Lamont. Hi and thanks for joining me for this episode of Understanding the Law radio. This is episode 287 and I'm your host Peter Lamont. Today we're going to be answering a question that was submitted by Stephanie from Westfield New Jersey and it concerns selling her business. Now specifically she wants to know if she

Transcript from UTLRadio Episode #285. Don't forget to subscribe to the podcast! You're listening to Understanding the Law Radio with your host Attorney Peter Lamont. Hi and thanks for joining me for another episode of Understanding the Law Radio this is episode number 285 and today is business and legal Q and A. We're going to be talking a little bit about New Year's resolutions. Now for those of you who tuned into Wednesday's show you know we had an introduction to the new

For most contractors, business growth and expansion is a key goal. The general belief is “bigger is better” and that a contracting company will bring in more revenue the larger the company gets. Unfortunately, growth does not always produce increases in revenue. In fact, when a company grows too quickly the opposite result can occur and the business can suffer serious financial setbacks. When selecting an attorney, here are some areas to focus on. CHOOSING THE “RIGHT” ATTORNE

With hurricane season in full force, mother nature’s ability to impact business and the economy cannot be ignored. As Texans and Floridians work to rebuild their lives after hurricanes Harvey and Irma, hurricane season is not even close to being over yet. Natural disasters such as tornadoes, floods and hurricanes, bring widespread destruction to anything and everything that crosses its path, small businesses included. In a lot of instances, small businesses impacted by such

Most small business owners often act as their own legal counsel for a variety of what they consider to be “simple” legal matters. Such “simple” matters often include reviewing and negotiating commercial or business property leases. While I firmly believe that a lawyer is not needed for every small business legal matter, reviewing a commercial lease is one of those matters that should almost always be done by an attorney. In response to that statement, many small business

Regardless of the size of your company, in today's social media age  it is critical that you have and enforce a social media policy.  Social media related lawsuits are rapidly developing.  These lawsuits can arise out of employee terminations or leaked confidential information. When crafting a policy, be sure to: 1. Remind employees to familiarize themselves with the employment agreement and policies included in the employee handbook. 2. State that the policy applies to multi

Everybody has had someone interrupt a family dinner with a phone call about steak knives or some other consumer product they are trying to push. Home owners have been plagued with the issue of telemarketing for decades and have tried unsuccessfully to fight back. Unfortunately, the term cold calling immediately gets associated with this particular use of it. While telemarketing is most certainly cold calling, cold calling does not necessarily mean telemarketing and it can

What started off as a digital means of staying in touch with friends has grown into a mainstream and effective method of developing and maintaining business relationships. In fact, just about every business is somehow connected through social media. Proper use of social media provides essentially unlimited opportunities for contractors to generate business exposure, generate new leads and potential clients, and connect with their existing customers. Despite the vast opportuni

The desire to grow and expand is part of our human nature. We grow as people from the moment we are born. Thus, it makes sense then that the desire to grow and expand your business is equally as natural. While growth can bring unlimited success, if it is not done correctly it could spell disaster for businesses, especially those in the inherently risky, construction industry. Successful expansion requires honest self-evaluation and a basic understanding of potential pitfalls

Most small business owners often act as their own legal counsel for a variety of what they consider to be “simple” legal matters. Such “simple” matters often include reviewing and negotiating commercial property leases. While I firmly believe that a lawyer is not needed for every small business legal matter, reviewing a commercial lease is one of those matters that should almost always be done by an attorney. In response to that statement, many small business owners would