Author Archives: Prakhar Rai

Trump’s Tariffs 2025 : Which Countries Are Hit Hardest and What It Means for Global Trade

Trump's Tariffs 2025

President Trump has unleashed the most comprehensive tariff offensive in modern American history, and the ripple effects are reshaping global commerce in ways we haven’t seen since the 1930s. We’re not talking about surgical strikes on specific industries anymore. Trump imposed a universal 10% tariff on all countries starting April 5, 2025, using emergency powers […]

How to Purchase Property in the U.S ?

How to Purchase Property in the U.S

Buying property in America can feel like navigating a maze blindfolded. Between confusing legal terms, mountains of paperwork, and seemingly endless steps, it’s no wonder many people feel overwhelmed before they even start looking at houses. Lets go through this guide to know how to purchase property in the U.S But here’s the thing: millions […]

What does a contract lawyer do ?

What does a contract lawyer do

TL;DR: A contract lawyer drafts, reviews, negotiates, and helps enforce commercial agreements. Their job is to make sure what you agree to on paper reflects what you intended, protects you when things go wrong, and holds up legally when tested. Contract law is fundamentally similar across common law countries, but the specifics vary enough between […]

7 Common Mistakes in Trademark Applications

Common Mistakes in Trademark Applications

TL;DR: Most trademark application problems in India are preventable, and they cluster around seven specific mistakes: filing in the wrong class, an inadequate search before filing, choosing a mark that isn’t distinctive enough, incomplete documentation, incorrect applicant details, missing priority claims, and improper power of attorney paperwork. Each of these can trigger an examination objection, […]

Why Online Dispute Resolution (ODR) Is the Future of Cross-Border Dispute Resolution

ODR

TL;DR: Online Dispute Resolution (ODR) is the use of digital platforms to conduct negotiation, mediation, or arbitration without parties needing to be in the same room or country. It removes the travel and scheduling burden that makes cross-border litigation and arbitration so expensive. ODR decisions can be legally binding and enforceable, particularly through arbitration backed […]

Will vs Trust: Which Estate Planning Tool is Right for Your Family?

will vs trust

When Sarah’s father passed away unexpectedly last year, she discovered something shocking: his $800,000 estate would be tied up in probate court for at least 18 months. Meanwhile, her neighbor Mike’s similar-sized estate transferred to his children within weeks through a living trust. This stark difference highlights one of the most important decisions families face […]

How to Operate an LLC: A Complete Step-by-Step Guide (From Incorporation to Compliance)

LLC

Starting an LLC is just the beginning. The real challenge lies in operating it correctly, staying compliant, and building a foundation that’ll grow with your business. If you’ve been wondering how to navigate the maze of paperwork, tax obligations, and legal requirements that come after formation, you’re not alone. Most business owners get their LLC […]

Non-Compete Agreement Rules by State and Country in 2025

Non-Compete Agreement

TL;DR: There is no global standard for non-compete enforceability, and the gap between jurisdictions is wider in 2026 than it was even two years ago. In the United States, the FTC’s attempt at a nationwide ban is dead, vacated by a federal court in 2024, upheld on appeal, and formally removed from the Code of […]

Most Common Contract Mistakes That Cost Businesses Money

contract mistake

TL;DR: Contract mistakes are expensive in a specific way other business mistakes are not: a bad marketing decision can be reversed next week, but a bad contract locks you into unfavourable terms for months or years, and unwinding it costs legal fees on top of whatever the bad terms already cost you. Seven categories of […]

Contract vs Agreement: What’s the Legal Difference?

contract vs agreement

TL;DR: Every contract is an agreement, but not every agreement is a contract. An agreement is simply two or more people saying yes to the same thing. It becomes a contract only when it is legally enforceable, which generally requires an offer, acceptance, something of value exchanged, capable parties, a lawful purpose, and a genuine […]