In the dynamic realm of service providers, maintaining fair compensation for your expertise is not just a business necessity; it's a matter of safeguarding the value you bring to the table. Embedding 'no downgrade' language into your fee and retainer...
As a business owner, you may, unfortunately, encounter situations where you have to issue refunds to clients. It could be because of a mistake on your end or because of a cancellation of a service or event. Regardless of the...
Do you know the difference between the terms “Deposits” and “Retainers”? Did you know one is usually refundable and one usually isn't? Let’s discuss the differences between “Deposits”, “Retainers”, and/or “Reservation Fees/Booking Fees”, whether using a certain term allows for...
A crucial element of any modern contract: the electronic signature clause. In today's digital age, it's more important than ever to ensure that contracts are not only executed but enforceable, even when signed electronically. That's why including an electronic signature clause...
There are many things that go into the makings of a small business like licenses, permits, or inspections. If you are starting a business that serves alcohol, you will need to take even more steps before actually serving the public....
Have you been confused by the term “Indemnification” in your contract? Don’t worry, you’re not alone. Many people don’t understand what it is and why it's there. And while an “Indemnification Clause” is a very important clause to have in...
Litigation can be expensive (like REALLY expensive), time consuming, and detrimental to a business. In many instances it is best to avoid litigation at all costs and instead find other ways to mitigate issues that arise with clients. Here are...
A common question TLP gets asked almost daily is whether you should use the term “retainer” or “deposit”. And some people believe you can use these terms interchangeably in your contracts. It makes sense; both are fees paid in advance...
Founder and attorney at The Legal Paige, Paige is a certified Juris Doctor who helps entreprenuers become legally compliant online. Law aside, she's really just a small town Montana momma who loves her family, the lake, and a good glass of red wine.
