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
Why a contract is the most important document your business will sign A business contract is a legally enforceable agreement that fixes, in writing, what each party must do, what they are owed, who owns what, and what happens when something goes wrong. For a startup or growing company, it is rarely the contract you […]
09
May
May
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. A well-drafted clawback clause can legally require a person or business to hand […]
07
May
May
Why Most Brands Launch at Legal Risk And How to Avoid That Mistake You have spent weeks coming up with the perfect brand name. The logo looks sharp. The domain is available. You are ready to launch. But here is a question most founders forget to ask: Has someone else already claimed that name legally? […]
07
May
May
What This Article Covers: A Quick Summary If you are an overseas professional planning to work in the UK, or a UK employer looking to sponsor international talent, 2026 brings the most significant set of rule changes since the points-based system launched in 2020. The changes affect who qualifies, how much they must be paid, […]
24
Apr
Apr
Here is something most founders discover too late: data protection law does not follow your company. It follows your users. You might be incorporated in India, operating from Dubai, with your servers on AWS in Singapore. But the moment a user in Germany signs up for your product, the EU’s General Data Protection Regulation applies […]
23
Apr
Apr
Written by: Prakhar Rai, Advocate | Founder, My Legal Pal | Enrolled with the Bar Council of India | NLSIU Bangalore alumnus Last reviewed: 18 October 2026. Figures are in local currency, with the source and date beside each one. The short answer Contract review costs very different amounts in different countries. Where the contract […]
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 […]
10
Apr
Apr
At some point in every startup’s life, the founder who has been handling contracts, employment agreements, and vendor negotiations out of a personal Gmail account hits a wall. The company has grown past the point where winging it is responsible, but it has not yet reached the size where a full-time in-house lawyer makes financial […]
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 […]