Business Law Palm Beach

With a few exceptions, generally yes, you are bound to a business document you signed even if you did not read it. Sophisticated businesspeople do not gamble on the exceptions. They consult with a good business attorney to ensure that their rights and interests are adequately protected. Doing helps them to fully understand the terms so they can make the business decision whether or not to sign the agreement. What makes up a contract Under Florida law, contracts are ordinarily required to have three legs on which they stand. They must contain an offer, must be accepted, and importantly must have consideration. Not all contracts have to be written, but without a writing trying to later prove what was agreed, like the terms and the performance by each party, may prove very difficult. So, the simple solution is just to have written agreements preferably prepared by your business lawyer. Can I write a business contract without a lawyer Business contracts do not have to be formal, lengthy wr...

Whether to have a noncompete comes up on both the employer and employee side. As a Board Certified expert in Florida business law I would say whether to offer or sign one depends on the unique circumstances because they are regulated and limited by law. Noncompetes are regulated by Statue In Florida, employment is at will. So, if there is no employment agreement, the the employee serves at the will of the employer. As a consequence, restricting that freedom of employment is regulated by a specific statute formally called Restraint of Trade, but commonly referred to as the non-compete statute. Noncompetes must be reasonable Because a noncompete restricts future employment, the Statute requires that it be reasonable in the time scope and geographic limits.  The time limits are in the statutes. Up to two years is ok and one year is deemed reasonable. That's not to say it is automatic, but most times those limits hold up.  How far the noncompete goes is a different story. The...