Slowly but surely, e-commerce sales are slowly taking over an area that has traditionally been dominated by physical analogue stores. This trend has been attributed to factors such as easier access to the internet and cheaper mobile phones. As we continue with what will prove to be an interesting transition, online sellers should recognise and familiarize themselves with the legal …
The UK Jurisdiction Taskforce (UKJT), a taskforce of the UK’s Lawtech Delivery Panel, has published an expert legal statement recognising crypto-assets as property and smart contracts as enforceable agreements under English law. The adoption of crypto-assets and smart contracts was being held back due to uncertainty over their legal status, so this statement is crucial for this fast-growing sector of …
Are you a startup founder trying to innovate? Keep reading because we have news for you! In June 2019, the Government presented the White Paper on Regulation of the Fourth Industrial Revolution to make sure regulations are keeping up with innovation. Driverless cars, devices such as e-cigarettes or Artificial Intelligence applications for early diagnosis and treatment of health issues are …
What’s A Director’s Service Agreement? A director’s service agreement is a crucial document: It sets out various rights and obligations that arise as a result of appointing a director. While having such an agreement is not a legal requirement, it creates certainty for the director and the company, allowing both parties to be protected in situations of dispute or disagreements. …
Over the last few years, we’re seeing how applications of Artificial Intelligence (AI) are starting to permeate many aspects of our lives. If used well, Artificial Intelligence has vast potential to make organisations more efficient, effective and innovative. However, AI also raises significant data protection risks and compliance challenges for organisations. For this reason, the Information Commissioner’s Office (ICO) has …
With the offered benefit of added flexibility in time and finance-related matters, it isn’t a wonder that there are more than a million individuals in zero-hour contracts. Zero-hour contracts are a type of contract that you can make use of should you want to have a more casual relationship with a potential employee. I say “casual” because of the …
As a business owner, you’ll have a vision and a plan for how your business will grow. But, do you know how to get investment funding? Investment funding is how you get your venture off the ground. If you have enough money saved up so that you don’t need any outside investment, good for you. However, if you are like …
Sometimes, when starting a new business, the boundaries between personal and business lives are so blurred it is hard to separate the two. However, it is always important for you, as a company owner, to keep your personal and business assets separate. Asset protection is about protecting your personal wealth from the threat of business liabilities, which can be a …
While our beloved Shakespeare penned that ‘a rose by any other name would smell as sweet,’ the name you choose for a business must be consistent, unique and memorable unto itself. You should love it, and hope your customers will as well. And, if they identify it with a friendly company, they will share the news with others and your …
Humans, by nature, work better together. Partnerships offer founders someone to share ideas and responsibilities with, and someone to succeed or fail with. When a partnership is formed, one of the first documents the partners should prepare and sign is a partnership agreement. If you’re entering into a business partnership, it’s key to have a solid partnership agreement to protect …
