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Arbitration Clauses in Business Contracts: How to Draft One That Actually Works

By russolawllc819 | August 21, 2026

An arbitration clause that is vague, one-sided, or poorly drafted may be unenforceable — or may produce a process nobody wanted. Here is what practitioners focus on when drafting them.

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My Partner Wants to Dissolve the Business — Do They Have the Right To?

By russolawllc819 | August 21, 2026

A business partner demanding dissolution does not necessarily have the legal right to force it. Learn how dissolution works in NJ and NY LLCs and partnerships.

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Can I Get Out of a Contract Because Circumstances Have Changed?

By russolawllc819 | August 18, 2026

Changed circumstances do not automatically excuse contract performance. Learn how impossibility and frustration of purpose doctrines work under NJ and NY law.

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How to Get an SBA Loan to Buy a Business in New Jersey and New York

By russolawllc819 | August 14, 2026

SBA loans are among the most widely used financing tools for small business acquisitions in NJ and NY.

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What Happens to My Business If I Die Without a Succession Plan?

By russolawllc819 | August 14, 2026

Without a succession plan, your business interest passes under your will or intestacy laws — which may not reflect your intentions and can create serious problems for surviving co-owners.

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Buying a Medical or Professional Practice: What’s Different From Buying a Regular Business?

By russolawllc819 | August 11, 2026

Acquiring a medical or professional practice involves licensing requirements, fee-splitting restrictions, and goodwill issues that do not arise in ordinary business acquisitions.

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What the AAA’s 2024 Data Tells Business Owners About Arbitration vs. Litigation

By russolawllc819 | August 7, 2026

The American Arbitration Association’s 2024 data on commercial dispute resolution contains useful benchmarks for business owners deciding whether to include arbitration clauses in their contracts.

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My Business Partner Is Taking a Salary I Never Agreed To — What Can I Do?

By russolawllc819 | August 7, 2026

A business partner paying themselves an unauthorized salary is a form of self-dealing that can constitute a breach of fiduciary duty. Learn what steps are typically considered in NJ and NY.

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What Is an Indemnification Clause and Why Does Everyone Fight Over It?

By russolawllc819 | August 4, 2026

Indemnification clauses are among the most heavily negotiated provisions in any business contract. Here is what they cover and why the details matter in NJ and NY.

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How Life Insurance Policies Are Used to Fund Buy-Sell Agreements

By russolawllc819 | July 31, 2026

Life insurance is one of the most common funding mechanisms for death-triggered buyouts under a buy-sell agreement. Here is how it works and what to consider.

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