What Everyone Should Know About Trade Secrets
Whether you are an employer or an employee, you need to know the basics of the law concerning the protection and misappropriation of business trade secrets. What is a trade secret? A trade secret is defined by the Uniform Trade Secrets Act as information that (1) derives independent economic value from not being known to or ascertainable by other persons who can profit from its disclosure and (2) is the subject of efforts that are reasonable under the circumstances to maintain its secrecy. Read More
WHAT DOES AT-WILL EMPLOYMENT REALLY MEAN?
Nebraska is an employment at-will state. But what does that mean?
Employment at-will is not a law, but a rebuttable presumption that if you hire an employee for an indefinite term, the employee can be terminated at any time, with or without cause, and with or without notice, as long as the termination does not violate existing law, public policy or an oral or written contract. Read More
Quick Tips for a Tenant Negotiating a Commercial Lease
Have you looked at a commercial lease and thought, where do I start? You’re not alone. The lease a landlord presents to you may look like a standard form, but no commercial lease is the same and, most often, the landlord has included landlord-favorable terms. Since the initial term of a commercial lease is often five or more years, it’s important for a tenant to read, understand and negotiate acceptable terms from the get-go.
Here are a few tips to help any tenant, from a first-timer to a seasoned renter, negotiate a more favorable commercial lease. Read More
Contesting Wills Can Get Testy
Estimates are that somewhere between $41 Trillion and $136 Trillion in wealth will be transferred in the United States before the year 2052. The vast majority of this wealth will be transferred through using Wills and Trusts. Many people believe that if a person has a Will it is the last word on how their property and possessions will be transferred. Unfortunately, an heir or beneficiary may contest the validity of the Will. The two most common attacks are whether the person making the Will had the mental capacity to make a Will and whether the Testator was unduly influenced when the Will was made. Read More
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