The landscape is ripe with innovation and opportunity in today’s fast-paced tech industry. Yet, amidst the rush to deploy new systems and technologies, many tech companies grapple with a common nemesis: scope creep. Scope creep is when project requirements expand beyond initial agreements without corresponding adjustments to the contract terms. Scope creep can wreak havoc […]
Business Litigation
Is Your Business Partnership Showing These Warning Signs?
In the ever-evolving business world, partnerships can be both a boon and a bane. While many flourish and lead to mutual success, others can face challenges and disputes. As seasoned business litigators, we have seen firsthand how minor issues, if left unchecked, can escalate into significant legal battles. Here, we’ll discuss the warning signs that […]
Six Steps for Filing a Lawsuit in New York
Step 1: Evaluate the Case Before proceeding with a lawsuit, it’s essential to consult with an attorney who will help you evaluate your case’s strengths and weaknesses to make sure it is worth filing. As attorneys, we must tell you the truth about your case. We also have an ethical obligation to refrain from filing […]
The Differences Between Mediation and Arbitration
Mediation and arbitration are two alternative methods litigating parties in New York utilize to settle conflicts outside traditional court proceedings. While they share some similarities, there are distinct differences between the two. Let’s start with mediation. Mediation is a voluntary process in which a neutral third party, known as the mediator, assists the parties in […]
Dispute with your Business Partner Starter: Restrict their Access to the Business’ Email and Bank Accounts
Repeatedly, we see partnership disputes start over simple things. Years of friendship and close association are dispensed with in mere days by actions that are objectively inconsequential but seismic within the partnership context. One of the most common points of argument that we see is when a partner restricts their […]
Three Things You Should Know Before Going Into a Business Partnership
1. Everything Should be in writing, even if you are going into business with a family member or your best friend. Unfortunately, this mistake is all too common. Repeatedly, people go into business with family members and friends without writing down the nature of the business relationship. Inevitably, one of the partners will exercise […]
Three Problems that New York City Small Businesses Face as the City Opens Back Up
The pandemic has impacted New York almost harder than any other state. Nearly 34,000 residents have lost their lives to the COVID-19 virus, 24,000 from New York City alone.[1] Businesses have closed their doors, and life in the City has altered dramatically. According to a report by the New York City Partnership, an estimated one-third […]