latest thinking

Neural Networks and Advanced AI Contract Issues

Neural Networks and Advanced AI Contract Issues

By Drew Stevens

Hailed by some as one of the more promising tools in artificial intelligence and machine learning, neural networks present both a range of exciting applications and legal contract issues. As an AI lawyer, I always find working on AI, cloud platform, and neural network-related services contracts engaging, based on the unique and interesting issues that […]
Ohio’s Prompt Payment Act

Ohio’s Prompt Payment Act: An Overlooked Solution for Unpaid Subcontractors and Material Suppliers

By Andrew Randol

When subcontractors or material suppliers go unpaid, a mechanics’ lien is often looked at as their sole remedy. Typically, a mechanics’ lien should be filed in order to preserve any lien rights; however, this is not the only statutory remedy available to subcontractors and material suppliers. If a subcontractor or material supplier has requested payment […]

Mergers and Acquisitions Due Diligence: Financial and Operations Review

By Drew Stevens

Perhaps you’ve just started the due diligence process, and you’re wondering what you should be looking for in sizing up your target. Here, we’ll examine a few key areas – financials, operations, products, customers, and sales and marketing. Financial Review Your M&A process and gauging whether to buy your target business will likely center around […]
Received an EEOC Charge of Discrimination

I Received an EEOC Charge of Discrimination, Now What!?

By Andrew Randol

You receive a “Notice of Charge of Discrimination” in the mail from the EEOC alleging that your company discriminated against one of your current or former employees. Virtually every company has been there; if yours hasn’t, stay tuned. In any given year, 80,000 to 90,000 EEOC complaints are filed. So, what are they? What does […]

SaaS Agreements: Authorized Users and Storage Capacity

By Drew Stevens

<p>Whether you’re rolling out your software as a service (SaaS) or tweaking an existing SaaS agreement, there are a number of areas that warrant further consideration. Two issues, which initially may seem straightforward enough, are authorized users and storage space.</p>
All Residential Contracts Must Be Compliant with Ohio Consumer Law

ATTENTION ALL CONTRACTORS! All Residential Contracts Must Be Compliant with Ohio Consumer Law.

By Andrew Randol

<p>If you are a contractor that performs any work on residential properties, then beware of an obscure law known as the Consumer Sales Practices Act, and its close relative, the Home Solicitation Sales Act (the “Acts”).</p>
Simple Agreement for Future Equity

What is a SAFE? 5 Things to Know

By Drew Stevens

<p>Raising money for your company? A Simple Agreement for Future Equity (“SAFE”) can be a great alternative to the more traditional convertible notes, in certain cases.</p>
When Can I Fire My Employee

When Can I Fire My Employee?

By Andrew Randol

<p>At anytime I want, they’re my employee, right? Not so fast. Terminating an employee for a retaliatory or discriminatory reason can land your company in deep water with the EEOC or result in a lawsuit. Thus, termination should always involve a multi-step risk mitigation process. </p>
Asset Purchase Agreement Checklist

Four Key Asset Purchase Agreement Checklist

By Drew Stevens

<p>You may be contemplating buying a business, shopping for a complementary subsidiary, or just weighting the pros and cons of a potential M&A deal. One of the core agreements for executing a M&A deal is the asset purchase agreement.</p>

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