Being your own boss, making your own hours, and making lots of money sounds like an amazing life of an entrepreneur. However, small business owners will tell you that it can be more challenging than expected.
Many attorneys seek to increase the value of their law firms. Valuation is important for an attorney who may want to sell, retire, add a partner, or prepare for the possibility of public investment, a trend for which there is significant momentum around the world and - recently - in the U.S.
According to the Equal Employment Opportunity Commission (“EEOC”), many workers feel their rights are being violated by their employers.
This is not an exhaustive list, but here are four things you should consider when determining, and trying to maximize, the price of your business.
When drafting employment agreements, most of our clients are focused mostly on compensation. However, the majority of legal issues arising from employment agreements tend to impact other aspects of the employment arrangement.