Business Risk Management

Covers legal strategies and requirements for identifying, reducing, and managing risks in business operations, including governance, contracts, insurance, compliance, and liability exposure. Topics often include internal controls, workplace and product risks, regulatory enforcement, dispute prevention, and crisis response planning.

8 posts
How to Reduce Vendor Contract Risk in Chicago: Indemnity, Insurance, and Limitation of Liability Clauses Explained

How to Reduce Vendor Contract Risk in Chicago: Indemnity, Insurance, and Limitation of Liability Clauses Explained

Chicago companies can cut vendor contract risk by up to three major levers: a tight indemnity, proof-based insurance requirements, and a realistic limitation of liability clause. Illinois law enforces these terms differently depending on drafting, industry (construction vs. services), and public policy limits. This article explains how Chicago businesses and counsel can structure these clauses, […]
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How to Draft an Enforceable Non-Compete Agreement in Texas After the 2024 FTC Ban Attempt Explained

How to Draft an Enforceable Non-Compete Agreement in Texas After the 2024 FTC Ban Attempt Explained

Texas non-competes remain enforceable in 2026 if they meet the Texas Covenants Not to Compete Act’s requirements—despite the FTC’s 2024 attempted nationwide ban. The federal rule was challenged immediately, and Texas employers still primarily rely on state law and recent case guidance. This article explains how to draft an enforceable Texas non-compete after the FTC […]
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How to Draft an Indemnification Clause That Survives California Civil Code § 2778 in SaaS Vendor Contracts

How to Draft an Indemnification Clause That Survives California Civil Code § 2778 in SaaS Vendor Contracts

California Civil Code § 2778 supplies 7 default rules that courts read into most indemnity provisions unless your SaaS contract clearly states otherwise. For California-facing SaaS vendors and enterprise customers, these defaults can unexpectedly expand the defense duty and shift control of litigation. This article explains how to draft an indemnification clause that aligns with […]
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How to Draft an Enforceable Non-Compete Agreement in Texas (2026 Update for Small Businesses)

How to Draft an Enforceable Non-Compete Agreement in Texas (2026 Update for Small Businesses)

Texas non-compete agreements are enforceable only if they are ancillary to an otherwise enforceable agreement and contain reasonable limits on time, geography, and scope under Tex. Bus. & Com. Code § 15.50. Small businesses use them to protect customer relationships, confidential know-how, and key employees without risking an invalid, overbroad contract. This 2026 update explains […]
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The Patent Troll Defense That Most Startups Never Hear About

The Patent Troll Defense That Most Startups Never Hear About

Most startups can challenge a patent troll suit early by targeting the troll’s standing and demanding proof of patent ownership and enforcement rights—often forcing dismissal or a quick, cheaper settlement. Because many non-practicing entities sue through shell LLCs and incomplete assignments, they may lack the documentation needed to proceed. This article explains the standing-based “patent […]
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The New I-9 Audit Rules Every Small Business Should Have Read Yesterday

The New I-9 Audit Rules Every Small Business Should Have Read Yesterday

Small businesses can face I‑9 paperwork penalties of hundreds to thousands of dollars per form, plus higher fines and potential criminal exposure for knowingly hiring unauthorized workers. With ICE audits increasing and enforcement rules updated, even minor technical errors can trigger costly inspections and disruption. This article explains the newest I‑9 audit rules, common audit […]
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The Real Reason Your Employer Suddenly Needs an I-9 Audit

The Real Reason Your Employer Suddenly Needs an I-9 Audit

Many employers are ramping up I‑9 audits because ICE worksite enforcement and penalties for I‑9 paperwork violations can be significant—often hundreds to thousands of dollars per form—making noncompliance a costly risk. Recent enforcement trends, internal compliance programs, mergers, and remote‑work onboarding gaps are also prompting companies to review Form I‑9 records. This article explains what’s […]
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The One AI Disclosure That Turns a Lawsuit Into a Class Action

The One AI Disclosure That Turns a Lawsuit Into a Class Action

A single missing AI disclosure—clearly telling users they’re interacting with AI—can trigger class-action exposure with statutory damages that can reach $1,000 per violation under some laws. Plaintiffs use the lack of notice to argue deceptive practices and seek class-wide relief. This article explains the disclosure language, where it must appear, and how to reduce litigation […]
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