Tag Along Drag Along Rights Explained

Tag Along Drag Along Rights Explained

Linkilaw Company Law, Legal Documents

There are many different aspects of a Shareholders’ Agreement. This is to explain what Tag Along and Drag Along rights are. What are Tag Along and Drag Along Rights? A tag along provision also called ‘co-sale right’ is a clause that allows minor shareholders to ‘tag along’ with a larger shareholder or group of shareholders if they find a buyer …

recent environmental regulations

6 Recent Environmental Regulations: A Quick Fire Guide For The Over Burdened Business Owner

Linkilaw Company Law

Business owners feel justifiably burdened by the weight of environmental compliance legislation and let’s face it, there’s always something more important to do so, we at Linkilaw like to be super helpful and this is our quick fire guide to the recent environmental regulations you really should be aware of. Control Of Asbestos Regulations 2012 Recent environmental regulations came into force …

retained fee agreement

Should Your Business Have A Retained Fee Agreement With Your Lawyer?

Linkilaw Company Law, Legal Advice

Even within the relatively short life span of Linkilaw, we’ve seen a significant shift in consumer expectations with commercial legal services and in particular, how to control costs. The traditional timed billing model worked well for lawyers, able to shift commercial risk onto the shoulders of clients, who were then at risk of paying for their lawyers inefficiencies. But with …

NDAs

Keep It Secret, Keep It Safe: Non-Disclosure Agreements

Linkilaw Company Law, Legal Documents

Businesses And Confidential Information Some secrets are kept for good reason, and nowhere is this more true than in the business world. Companies tend to forget that their intellectual property is one of their most valuable assets. With that in mind, protecting any information about the business affairs is important if the company wishes to avoid any unwanted competition, a …

build a strong business

How Good Ethics Will Help You Build A Strong Business

Linkilaw Company Law, Employee Regulations, Motivation & Success, Startup Advice & Tips

Good ethics should be considered an equally important factor to build a strong business and culture just like other factors such as salary, fulfilling work, good management, and more. In fact, according to a new 2016 Deloitte Millennial Survey, respondents said that workplace culture and responsibility are key factors that determine how successful a business will be, which underlines how …

entrepreneur visa

What You Need To Know About The UK Tier 1 Entrepreneur Visa

Linkilaw Company Law, Startup Advice & Tips

The United Kingdom Tier 1 Entrepreneur Visa aims to make the UK entrepreneurial scene more inclusive and diverse. So, if you’re an entrepreneur outside the UK and the EEA, you might want to consider applying for the Tier 1 Entrepreneur visa. However, applications are often rejected and must be thoroughly thought through! So find out below how to successfully apply …

avoid a legal battle

5 Ways To Avoid A Legal Battle

Linkilaw Company Law, Legal Documents, Startup Advice & Tips

Starting a business can be exciting and unpredictable. There are new people to meet, money to make and markets to revolutionise. However, one thing every startup wants to avoid are expensive and time consuming legal battles. Litigation is completely unnecessary and totally avoidable. Listed below are the key legal weapons you can use to defend your business in a legal …

UK employment contract

The Importance Of A UK Employment Contract

Linkilaw Company Law, Employee Regulations

A valid UK employment contract is required between all employees and employers. The contract is a legally binding agreement that lays out an employee’s employment conditions, rights, responsibilities and duties. An employment contract provides guidelines and expectations to be met by both parties of the agreement. Without a valid UK employment contract, an employer has no legal basis to enforce …

partnership agreement

Breaking Down A Partnership Agreement: Why You Should Never Use Partnership Agreement Templates In The UK

Linkilaw Company Law, Legal Documents

What Is A Partnership Agreement? A partnership agreement is an agreement between you and your partners. It lays out the framework of the partnership by detailing the duties and obligations of the partners to each other to ensure the partnership is effective. Why Do You Need A Partnership Agreement? It’s pivotal to have a written partnership agreement because it sets …

Explaining vested

Nice Vest! Explaining Vested

Linkilaw Company Law, Startup Advice & Tips

A founders agreement is undoubtedly one of the most important agreements that must be present when starting a business with more than one person. The agreement itself contains duties, responsibilities, assignment of intellectual property, vesting and much more. A vesting clause can be found inside the founders agreement and can save many founders from potential problems with equity down the …