There is a moment most startup founders recognise. A contract arrives from a customer, an investor, or a supplier. It is forty pages long. You are busy. The other side wants it signed this week. You scan the commercial terms, see that the price and the deliverables look right, and decide that the rest is […]
Category Archives: Contract
12
May
May
At a Glance An indemnity clause is a contract provision where one party agrees to cover specific losses, damages, legal costs, or liabilities suffered by the other party if certain events occur. These clauses are commonly used in commercial, SaaS, employment, and technology agreements to allocate financial risk between the parties. Depending on how the […]
11
May
May
The Ultimate Guide to Business Contracts for Startups and Companies Every business relationship eventually comes down to a piece of paper. Or these days, a PDF. A business contract is a legally enforceable agreement between two or more parties that defines their rights, obligations, payment terms, ownership of work, liability, confidentiality obligations, and what happens […]
09
May
May
Clawback Clauses Explained: The Contract Term That Can Force You to Return Money Most people assume that once money is in their account, it is theirs. A clawback clause says otherwise. It is one of the least understood provisions in commercial and employment contracts, and one of the most financially consequential when it gets triggered. […]
26
Apr
Apr
Most people read a contract looking for the price, the deliverables, and the timeline. Those matter. But the clauses that actually determine who wins and who loses when a business relationship goes wrong are almost never in those sections. They are buried three-quarters of the way through the document, written in dense legal language, placed […]
23
Apr
Apr
You’ve been handed a contract. Maybe it’s for a new job, a vendor agreement, a lease, or a business partnership. It’s 12 pages of dense legal language, and you have no idea what half of it means. So you think: maybe I should have a lawyer look at this. Then comes the dreaded question, how […]
14
Apr
Apr
Most startups don’t fall apart because of bad products or a tough market. They fall apart because two people who started as friends, colleagues, or classmates never had a real conversation about what happens when things get complicated At My Legal Pal, our lawyers have reviewed hundreds of founder disputes, and almost every single one […]
06
Apr
Apr
Most people hear the term “1099 contract” and assume it is just a tax thing. It is not. The 1099 refers to a tax form, yes, but the contract itself is a full legal agreement that governs an entire working relationship between a business and an independent contractor. Getting it right matters more than most […]
Contract, Entertainment Law
How Influencer Contracts Quietly Take Away Content Ownership And How to Protect Your Rights Before You Sign
04
Apr
Apr
Why Influencers Lose Content Ownership Without Realising It There is a belief that runs through creator culture, quietly and persistently, that you own what you make. You thought of the concept. You showed up, shot the content, edited it, and posted it. Of course it is yours. Brand deal contracts say otherwise. And they […]
03
Apr
Apr
Most startups die for the usual reasons. Running out of money. The wrong market. A product that never finds its people. But some startups die for a reason that never makes it into the post-mortems: a single missing clause in a contract they signed before they knew what they were doing. The Limitation of Liability […]