What are earnouts in merger and acquisition deals? David Rodriguez, partner at Richards Rodriguez and Skeith explains: An earnout is a tool that parties use to bridge a valuation gap between an optimistic seller and a pessimistic buyer. An earnout essentially is a provision in the definitive agreement that measures the company’s performance post-closing and… Read More »

It’s never an exciting moment when you’re subpoenaed to give a deposition in a lawsuit. In fact, the thought of might cause panic, stress or anxiety. However, giving a deposition doesn’t have to be daunting. There are three basic rules to know before you give a deposition: 1. Tell the Truth Why should you tell… Read More »

Have you ever wondered at what point you should contact a patent lawyer to learn about your rights? Here are 5 examples of when you should contact a patent lawyer to protect yourself, your business or your products. 1. Protecting an invention from your competitors When you’ve created something unique to your market, you’ll want to… Read More »

As your business grows, it’s likely your business grows along with it. Whether you have five employees or 50 employees, it’s important to document administrative components, such as employee performance and discipline. Not only is having documentation a helpful aspect in your business, but it can be useful in protecting your business if you’re ever… Read More »

Commonly in commercial contracts, there exists a clause called a Merger and Integration Clause. What is this particular clause and why is it so important in commercial contracts? A merger and integration clause in a commercial contract states that what is written in the contract is the deal and no other said deal exists outside… Read More »