How to Draft a Legally Sound Business Contract: A Step-by-Step Guide

A business contract is the foundation of any strong business relationship. So, how do you ensure that yours stands firm? A business contract is a legally binding agreement between two or more parties outlining their rights, responsibilities and obligations. Drafting a clear business contract is crucial for protecting your business interests and ensuring that all …

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Understanding Corporate Tax Compliance: A Guide for Business Owners

What determines the success of a business to you? It is easy to say it is dependent on profits, but there are so many important factors that influence a business’s success. One of those important factors that you need to understand is tax compliance. Corporate tax compliance refers to the process of ensuring that your …

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What Every Employer Should Know About Wrongful Termination Claims

Do you want to fire an employee? First, make sure that you have the grounds to fire that employee before jumping the gun. A wrongful termination claim can harm your business. Wrongful termination is the termination of an employment contract for an employee where: • The termination is initiated by the employer. • The employer …

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Mergers and Acquisitions: Legal Pitfalls to Watch Out For

Mergers and acquisitions offer great growth potential, but with great opportunity comes great risk. Are you prepared to navigate the legal challenges? A merger or acquisition (M&A) is a business transaction that involves the transfer of ownership of a company to another company. Mergers and acquisitions are complex with numerous potential issues that can affect …

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Handling a Loved One’s Estate: Getting a Letter of Administration in Nigeria

When someone passes away without a will (a legal document stating how they want their belongings shared), their assets—like money, property, and possessions—need to be managed legally. This is where a Letter of Administration comes in. It’s a court-issued document that gives you the authority to handle and distribute the deceased person’s estate. Let’s walk …

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What is Litigation?

Everyone has been in a situation where they have disagreed with someone before. Normally, you would try to mend the situation amongst yourselves. But what if that doesn’t work? You have sought multiple solutions, but nothing has changed. At this point, you may have to resort to litigation. Litigation is the process of taking legal …

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Your Guide to Divorce: Understanding the Different Types and Their Consequences

Suffering in silence should never be an option. Marriage is precious, but you should not feel obligated to stay if it makes you increasingly unhappy. Not all marriages are happy ones, and it is no secret that global divorce rates are increasing. If you find yourself struggling in your marriage, you should consider a divorce. …

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Why You Need Insurance

Have you ever heard the quote “Life comes at you fast?” Unfortunately, that statement can be shockingly accurate for all the wrong reasons. From a sudden accident to a natural disaster. It may sound unlikely, but you just never know. That’s why you should not hesitate to set up an insurance policy just in case. …

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