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New York Employment Law Blog

What you should know about starting a business

The entrepreneurial bug is hard to shake. At some point you might want to take your ideas and turn them into reality. Starting a business is an exciting life decision, but it’s no secret that it takes a lot of hard work with high risk. There are many elements that go into starting a business and you might not fully know what you are getting yourself into.

Here are three important parts of starting a business you should know about before jumping in head first.

New York enforces sexual harassment prevention training

After almost a year after the #MeToo movement began, New York has begun implementing its newer policies to minimize the amount of sexual harassment in the workplace. Earlier in the summer, they passed several different laws that focus on nondisclosure agreements, notifying employers of the sexual harassment policy, and new training standards to keep the employees up to date on sexual harassment guidelines.

New York has become the fourth state behind Connecticut, Maine and California to require this type of training. It is important to know what requirements are expected for individuals in the state of New York as well as New York City as there are now stronger expectations of how individuals need to behave in the workplace

Alternative contract dispute resolutions: Avoiding court costs

You and your employer vehemently disagree on the interpreted elements of your signed contract. Perhaps you thought you would receive more pay, better benefits or a longer employment term, and you want to settle the dispute in court.

Yet court fees become increasingly expensive, especially involving lengthy disagreements. You have the ability to engage in a process titled Alternative Dispute Resolutions (ADR) and avoid the stress and cost of court altogether. Two ways to conduct ADR processes exist in New York for your contract dispute, and hiring an experienced attorney to guide you in the direction of choosing the right form of ADR is essential. Should you and your employer prove unable to agree, your attorney will then collect evidence and fight for your rightful contract benefits in court.

What you need to know about surety bonds

New York City is always changing and growing. Some buildings are torn down, some are remodeled and some are built new from the ground up. As an NYC construction professional, you understand the demand is there, but that does not mean the process is easy. You must deal with clients, employees, city regulations and possibly subcontractors. Depending on what type of project you are working on, you may be required to sign surety bonds. Here is what you need to know about surety bonds before you get started.

Your protection against whistleblower retaliation

When companies are publicly traded, it proves essential for organizations to be upfront and honest with business practices and their financial health. When employees discover inconsistencies in organizations, brave workers come forward with crucial information.

These employees risk reputation and their careers to “blow the whistle” to alert citizens of illegal actions of their own organization. New York laws provide significant protection from retaliation in these circumstances to persuade individuals to come forward with information. Know that if you come forward with a claim of illegal action by your organization, federal law protects you from financial and professional burden.

Have a strong agreement, no matter the business structure

Are you prepared for every possible mishap your company could encounter? Chances are the answer is no. And that’s just fine, so long as you’ve prepared a plan for some of those potential hurdles.

No one can foresee and prevent every possible issue a business may face, but having an agreed-upon plan in place from the start can help you and your business partners tackle many of the common problems that lie ahead.

Proactive approaches to prevent workplace harassment

With the #metoo movement gaining momentum every day, what are you doing to keep your business and employees safe? Sexual harassment laws remain the same, but society has become more aware of this behavior and is unwilling to look the other way when it occurs. Harassment at work remains a problem, and employers need to be proactive in the ways in which it is handled.

What business owners should know about their nuisance number

There’s an old saying about being in business: if you’re in business long enough, you are going to get sued. Such an ominous prediction is not necessarily what an up and coming entrepreneur wants to hear, but it is often an unfortunate reality facing business owners.

Our system of justice embraces the adversarial process and it is (for some litigants) the last resort when it comes to solving a legal dispute. While litigation is a civil form of a dispute resolution, litigants complain that there are rarely any winners in a contested case that goes to trial. This is commonly because both sides spend an inordinate amount of money and may not get what they believe they deserve in the end.

Buying out a partner

A business partnership can be a lot like a marriage. You share the same dreams and make plans, spending a lot of time working hard to make them happen. Sometimes, when there is a disagreement there is no way to resolve it other than what feels like a divorce.

Buyouts happen all the time in the financial sector because partners see a need to go their separate ways. It can happen without a lot of emotions, but it’s important to be ready for the worst even as you hope for the best. As with everything in finance, attention to details makes all the difference.

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