Nashville Employment Lawyers
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Legal Services Offered by Our On-Demand Nashville Employment Attorneys
Our experienced Nashville 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 Nashville 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 Nashville, TN.
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- 5 min read
Non-qualified stock options give you an alternative way of compensating employees. They also give employees a sense of ownership that builds loyalty and encourages them to work harder.
Non-Qualified Stock Options: What Are They?
Grant date: The date when the employee receives the option to buy the stock.
- 6 min read
Convertible Debt: What Is It?
Convertible debt is a loan or debt obligation from an investor that is paid with equity or stocks in a company. Convertible debt is also known as convertible loans or convertible notes.
When a company borrows money from investors and plans to convert it to equity or ownership in the company at a later time, that's convertible debt. The borrower and lender decide the type of equity and a set time when the loan converts based on the company's value when the loan begins.
What Is a Convertible Bond?
A convertible bond, or CV, is a type of debt security (like stocks) that's converted to an amount of company equity that the investor and company agree to at the bond's issue.
The board of directors at your startup exists to guide your company. They aren‘t the scotch-and-cigar-filled rooms where the rich divide assets up among themselves, especially not in a startup.
The board of directors should be the most experienced people in the company, elected by stockholders. The board determines the company’s direction and drafts the company's bylaws. Also, when it comes to who is responsible for the success and the failure of the company, the board is where all eyes fall.
The board is responsible for things like setting high-level goals for the company, hiring the CEO, issuing stock, and clearing dividends. Keep in mind, your management team oversees all day-to-day operations, while the board supervises only the execut
- 3 min read
What is a Labor Condition Application?
The Labor Condition Application (LCA) is a form employers must file with the United States Department of Labor Employment and Training Administration (ETA) on behalf of employees applying for a nonimmigrant H-1B, H-1B1 (Singapore and Chile) or E-3 (Australia) work visa.
Employers submit Form ETA 9035/9035E to apply. If approved, the LCA is valid for up to three years of employment (two years for E-3).
What are an Employer’s Requirements for an LCA?
The main purpose of an LCA is for employers to attest to the employment details of H-1B, H-1B1 and E-3 applicants. The Department of Labor requires employers maintain documentation supporting that the following four main labor conditions have been met:
- Wages and benefits. Employers must provide nonimmig
- 11 min read
What Are Payroll Taxes?
Payroll taxes are taxes which are imposed on employers and employees by federal, state, and local governments. Payroll tax is different than income tax since payroll tax is all the other taxes that aren’t income taxes that are taken out of your check.
The employer and employee split payroll tax half and half. The employer is required to withhold the amount of the employee's share of the payroll tax and submit to the IRS and the state along with payroll tax return.
Needless to say, young entrepreneurs see payroll tax as a big hassle and somewhere along the way, they are told to treat all of their workers as independent contractors so the entrepreneur can:
Skip the withholding and reporting requirements
Only need to send the contractor a 1099 form once each January