New Jersey Business Law eNewsletters

Filing Liens and the Collections Process after a Construction Dispute

A Monmouth County Business Lawyer Explains the Rights of Your Business With the size, scope and costs that accompany a construction project, disputes can be a commonplace occurrence. However, some of the most serious disagreements happen when one party neglects to pay the other according to the contract terms. If this happens to your business, you may want to consider filing a mechanic’s lien against the property or job site. Filing a lien can help make sure that your business is compensated for its hard work, and enables you to enforce a lien by making it difficult for the owner to refinance or sell the property until you gain your deserved payments. How Can I File a Lien in New Jersey? New Jersey law stipulates that all contractors or subcontractors who expend any amount of labor, services, materials or equipment towards fulfilling a contract have the legal right to place…
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The Importance of NJ Succession Planning

Succession planning is a vital part of any organization or business that wants to decrease costs and increase efficiency. However, only 30% of hospital executives, among others, consider succession planning procedures in their organization to be effective. Thus, the Board should make succession planning and implementation as a prioritized function of its organization. Studies have been done and without succession planning, bad hiring decisions cost $2.4 million for a $100,000-per-year employee and $12 million for a $500,000-per-year executive. Even if it costs only $3 million for a $500,000-per-year executive, bad executive planning succession will cost a company dollars that could be spent elsewhere to boost and in some cases save their market share. Therefore, every New Jersey business that is looking out for their bottom line should consider New Jersey succession planning methodologies for executives or it may cost the business, shareholders and other stakeholders much more than the cost…
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Crafting a Severance Agreement

A Monmouth County Business Attorney Explains the Importance of Proper Documentation The termination of an employee is one of the most unpleasant aspects of running a business. However, certain terminations may carry the threat of litigation further down the line. If it seems possible that an employee or group of employees will pursue legal action in the event of their termination, a business may find it necessary to craft a severance agreement. Why Use A Severance Agreement? A severance agreement is not an admission of guilt for firing an employee, nor are they appropriate for each termination of an employee that occurs. However, there are some situations where an agreement can ease the transition for both parties. Although many written agreements are in the interest of preventing litigation, businesses can also use them for the purpose of securing confidential information and protecting the company against libelous statements from former employees….
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Ensuring Your New Jersey Business is ADA Compliant

The Americans with Disabilities Act of 1990 (ADA) prohibits discrimination against individuals based on their physical or mental disabilities. The determination of what constitutes a physical or mental disability is made on a case by case basis, but the governing standard is any impairment that substantially limits a major life activity such as such as hearing, seeing, speaking, thinking, walking, breathing, or performing manual tasks. A Monmouth County business lawyer can help you comply with ADA requirements. Some of the more common categories the law covers include: Serious illnesses like cancer, multiple sclerosis or HIV Short-term physical impairments like a broken leg or ankle Long-term conditions that affect mobility like the use of a wheelchair or other mobility device Mental and emotional disabilities such as anxiety, eating disorders or depression Pregnancy The ADA requires business owners to refrain from discriminating against people with these impairments in all employment matters including,…
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