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The Eye of Privacy blog from Sheppard Mullin has a very helpful post for small businesses with links to the Federal Trade Commission cyber guide. The purpose of the guide which contains various modules is to help small businesses address data security threats. This is something all small business owners should have in their toolkit. Gone are the days where where the small business owner says “I don’t need to worry about that.” We’re…
I recently had the distinction of reviewing a franchise agreement for the very first prospective franchisee in a franchise. My review revealed there were still many issues to work out in the agreement and with the system in general to make it reasonable for the franchisee. But the potential opportunity was very intriguing to the prospective franchisee due to the financial success of the underlying business. Sometimes it is difficult to balance the legal issues…
If you’re not a risk taker, you should get the hell out of business. – Ray Kroc I read the above quote today, and wondered, is this true? Do you really need to be a risk taker to be in business? And, if you don’t take risks you should actually get the hell out of business. Because as a business lawyer, our whole being is about reducing risks for clients, not advocating for it. I…
I am excited to announce that I have been a part of a pilot project through the Iowa Secretary of State’s office which now enables our law firm to offer online fast track limited liability company (LLC) and incorporation filing services. Now it is more convenient than ever to get the legal assistance you need in setting up your Iowa business. Not only can you get legal advice you deserve from an Iowa…
On our new Brick Gentry Trial Team Blog I write about how the $500,000,000 settlement Michigan State is paying to the young women sexually abused by Larry Nassar sends a strong message to business and organizational leaders. DO THE RIGHT THING! I know it is a really simple message. But organizations consistently minimize, hide or ignore bad behavior. It is incumbent upon organizational leaders to step up and do the right thing when wrongdoing occurs.…
It is reported that Michigan State will be paying $500,000,000 to the young women who were abused by Larry Nassar. I used all the zeros for a reason. It is a shocking number. I am not going to dive into all the facts and circumstances that led to the settlement in this post. What I do want to stress is this: If you see wrongdoing in your organization, particularly if you are the leader…
I saw an interesting tweet from Elon Musk the other day, It’s super messed up that a Tesla crash resulting in a broken ankle is front page news and the ~40,000 who died in the US auto accidents alone get almost no coverage. On the one hand, I understand his point. An accident involving a broken ankle isn’t too much to get excited about. On the other hand, the advent of the self-driving vehicle technology…
One of the things I hear over and over from distressed franchisees is that they purchased a franchise because it was a “proven business model.” Now, I don’t blame most franchisees for this thought process as they head into their franchise business purchase.  The franchise industry has done a remarkable job of marketing itself where people are preconceived to believe franchises are proven business models. Second, some franchises have been in business for a long…
One of the things I hear over and over from distressed franchisees is that they purchased a franchise because it was a “proven business model.” Now, I don’t blame most franchisees for this thought process as they head into their franchise business purchase.  The franchise industry has done a remarkable job of marketing itself where people are preconceived to believe franchises are proven business models. Second, some franchises have been in business for a long…
I am not getting any younger. This is a fact but it also means my friends are not getting any younger either. And lately, I’ve seen some of those friends down-sized and looking for work. It can be hard for older workers to obtain employment. This article from Forbes discusses some factors that enabled the EEOC to obtain a $2.8 million settlement with Darden Restaurants (parent of Olive Garden) on behalf of older job applicants.…