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...
As a small business owner there are some tasks that you can DIY such as registering an LLC or using a template contract to send to clients, however, at times the legal help of a law firm will be the...
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...
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.
