Fiduciary Duties and AI
Pivoting to AI will have serious implications for fiduciary responsibilities. Companies, family offices, and all advisors must strike an appropriate balance between human expertise and technological advancement. It is imperative that AI users encourage critical evaluations of AI-generated results with independent human thinking. The failure to do so can be catastrophic for everyone involved. Tools […]
Avoid Unforced Errors When Executing Contracts
This firm works with a number of business brokers and investment bankers who are very good at their professions. They should be commended for their hard work and creativity to help buyers and sellers reach agreements. But they are not attorneys in the same way attorneys are not business brokers or investment bankers. Therefore, your […]
Drafting Cease and Desist Letters
Effective cease and desist letters do not require fancy lawyerly language. Like many other letters, they need to be direct and terse without sugarcoating the fact your company will take certain actions to protect its trade secrets and other confidential information. Your goal is to convince the new employer’s legal counsel, not the former employee, […]
NDA No-Nos
It is common knowledge that a Non-Disclosure Agreement (NDA) does not provide absolute protection of a company’s intellectual property or other proprietary information. Unfortunately, many business owners are not advised with sufficient detail as to (1) why an NDA is insufficient and (2) how to keep an NDA enforceable. Receiving poor or no advice concerning […]
When Secrets May Not Be Trade Secrets
In many trade secret disputes, the parties are focused on fighting over whether the information was adequately protected
