Dallas Employment Lawyers
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Legal Services Offered by Our On-Demand Dallas Employment Attorneys
Our experienced Dallas employment attorneys & lawyers can help guide you on how to proceed with various employee decisions such as reviewing employee documents such as contracts, agreements, policies, and handbooks, along with difficult decisions such as firing, lawsuits, claims, and complaints.
Although not every single employment contract will require legal assistance, many employment lawyers would recommend avoiding unilateral employment contracts that strongly benefit one side over the other. These types of employee contracts rarely hold up in court, yet having the funds needed to combat an issue in court can limit the employee’s options.
A confidentiality agreement and a non-compete agreement are common forms of employee contracts that one of our Dallas employment attorneys can help customize for your business. If your business needs to fire an employee, proper measures should be taken from a business legal standpoint to ensure proper communication and a smooth transition of dismissing that employee. In any case, we suggest you connect with our employment attorneys to discuss your options.
Improve Your Legal ROI with Affordable Employment Attorneys that service Dallas, TX.
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- 4 min read
How Many Shares Does a Company Have?
Typically a startup company has 10,000,000 authorized shares of Common Stock, but as the company grows, it may increase the total number of shares as it issues shares to investors and employees. The number also changes often, which makes it hard to get an exact count.
Shares, stocks, and equity are all the same thing. A share is one piece of ownership in a company. When you own shares, you are a shareholder. Owning shares in a company gives you the right to your part of the company's earnings and everything it owns. The more shares you own, the bigger the part of profits you're entitled to.
When a company starts up, owners must choose an amount of stocks to authorize. This is the total amount of stocks the company will issue to employees and investors. Not all authorized stocks are issued since some are usually held back for future investing and employee stock options.
Why Do Com
- 6 min read
Vesting Schedule: What Is It?
A vesting schedule is an incentive program set up by an employer which, when it is fully "vested," gives the employee full ownership of certain assets — usually retirement funds or stock options. It is an employer's way of giving employees a reason to stay with the company. To be 100 percent vested means that you are able to take all of your retirement benefits with you if you leave or have been fired.
Example: You are given 5,000 stock options or shares of restricted stock. Your vesting schedule is four years, and 25 percent of the grant vests each year. At the first anniversary of your grant date and on the same date over the subsequent three years, 25 percent of the options or restricted stock "vests," or becomes available to you. Once each portion vests, you can sell the shares. After four years, you have total access to all of the stock options and can do with them what
- 5 min read
Non-Compete Clause: What Is It?
A non-compete clause prohibits any employee from using the skills and knowledge used or gained at your workplace for a set period of time after their employment, either by working for a competitor, or by recruiting business from current clients. It is written into an employee's contract when they sign on with your company or when they leave your company.
Many employers add non-compete clauses to employee contracts. These clauses protect businesses, but are controversial. Also, they may not be enforceable in all places.
Non-compete clauses are traditional at jobs where workers are highly skilled or do very specialized work. However, more and more businesses include non-compete clauses in contracts, even if employees' tasks are not technical
- 2 min read
Learn More About the HIPAA Privacy Rule
Not only does the Health Insurance Portability and Accountability Act (HIPAA) protect workers and their families by requiring employers to limit preexisting medical condition exclusions, but it has also set the Privacy Rule in place to protect electronically stored patient healthcare information.
History of the Privacy Rule
Congress determined that because of problems with breaches of privacy, widespread electronic transmission of h
- 6 min read
Work for Hire: What Is It?
Work for hire is any created work that can be copyrighted like songs, stories, essays, sculptures, paintings, graphic designs, or computer programs. In the U.S., work for hire — shorthand for the term "a work made for hire" — applies if the created piece is part of a person's job or made by an independent contractor.
Instead of the creator keeping the copyrights, the copyright and publishing rights belong to their employer. For example, when a staff writer drafts a blog for his employer, the company becomes the author and assumes the copyrights for the blog. All areas of copyright ownership now belong to the company, including credit for the blog and control of the blog. Work for hire is part of the U.S. Copyright Act of 1976 and changed the go-to rules of copyright ownership. Work for hire applies in two situations:
- An employee creates work during her normal functions as an employee