4 Key Situations to Cover in Your Partnership Agreements

A partnership is a type of business structure that is formed with two or more people. Each member contributes assets to the business and has a share in the profits and losses that the business incurs. Some partners will be active participants in the operations of the business, while others might play a more passive role. But before your business gets going, one of the most important steps is drafting and executing Read More

Maryland Trucking Accidents and its 6 Most Common Causes

Truck accidents are an all too common occurrence in Maryland. With their massive size and extra weight, large commercial trucks can have disastrous results if they crash into smaller passenger vehicles. According to the Insurance Institute for Highway Safety (IIHS), there were 3,852 deaths in large truck crashes in 2015. 69 percent of those deaths were occupants of cars and other passenger vehicles, while 16 percent Read More

What is Personal Injury Protection in Maryland?

If you’ve been involved in a motor vehicle accident, then you may be suffering damages to more than just your car. Accidents can cause serious injury leading to expensive medical bills and lost wages. Under vehicle liability insurance, the policy of the driver who causes an accident generally must pay any resulting costs, including property damage and medical care for others. But in Maryland, personal injury Read More

Business Law 101: The Importance of Vendor Agreements

If you own a business, there is a high likelihood that you have needed, or will need, a vendor or service provider for various aspects of your business. A vendor is someone who sells goods and services to businesses and includes anyone from an internet and telephone provider to a website designer. So what exactly is a vendor agreement? Why would you need one and what should be in it? The Vendor Agreement A Read More

My loved one has passed away – what do I do next?

There are no strict timelines on opening an estate, so you can wait until you are emotionally ready to open an estate. For some people, the work of opening an estate and taking care of their loved one’s affairs helps with the grieving process. Obtain a death certificate. Remember that all Powers of Attorney are no longer valid upon the death of the decedent. Search for asset information and any Last Will and Read More

Injured in an Accident? Take These 5 Key Steps to Protect Your Claim

If you have ever been injured in an accident, you will know that getting medical treatment is not the only thing that you have to deal with in the aftermath. For instance, you often have to file a claim with your insurance company or you may want to bring charges against the person that injured you. In Maryland, the courts apply a standard of contributory negligence to accident claims. Contributory negligence is Read More

Responding to Professional Complaints: Prevention, Preparation, & Response

If you are a licensed professional, one of the last pieces of mail you want to receive is a complaint about your work. However, it is not unusual for many professionals to have to respond to a complaint at least once during his or her career. With a desire to defend one’s professional aptitude, many professionals often tend to go the route of responding to the complaint on their own. However, this often gets Read More

5 Signs of a Strong Merger & Acquisition

In general, mergers and acquisitions (M&A) describe the consolidation of companies. To clarify, a merger is where two companies merge together to form one new company while an acquisition is when one company takes over, or acquires, another. Although the two terms are usually referred to together, this distinction is important as each term describes a different process. The M&A process is complicated, and not Read More

Maryland Personal Injury Law: Understanding “Contributory Negligence”

In deciding whether to award damages in a personal injury case, courts apply the legal standard of either contributory negligence or comparative negligence. The amount of damages awarded can change significantly, depending upon what standard is applied. Maryland is one of only five states that still applies contributory negligence to personal injury cases. Washington, D.C., North Carolina, Alabama, and Virginia Read More

5 Keys to Successful Business Succession Planning

If you are a business owner, chances are you have contemplated what will happen to your business once you have left the company. Business succession planning is when the owner of a business plans for a future date when they will no longer be a part of the day-to-day operations of the business. Succession planning isn’t just for death or disability of the owner; a good succession strategy also plans for expected life Read More