There's much more to a lawyer's job than quick negotiation or hurriedly standing up in court to speak on behalf of my clients. Long before I even get to court its important to me to have investigated the case by talking to the opposition, witnesses, experts and anyone else who has an opinion. I may have obtained affidavits, just in case people disappear, had a photographer take pictures, in case something is removed from the internet, the business shuts down, the evidence is burned down!
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Have a seat! Our world is SO rushed. Everything we do seems to be at a speed where there's little time for self-reflection. We seldom ask ourselves amidst all of our perceived obligations - "What do I want?" Take the time to pause, sit with yourself and come back to your center and regroup within yourself. What are the things you've always wanted to do? What dreams did you give up on too quickly? What goals did you set last year and not reach? What will ultimately make you the happiest?
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This new law means for employees seeking to earn a fair wage in proportion to their worth and earning potential - they'll earn what they're worth - not just a few dollars up from their last role. Many employees, namely women, are held down under what is commonly known as the "wage gap".
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We have discussed the social and cultural Factors before, but make sure you know what the literacy rate is and the average educational level in the country? If you are selling to or your product is designed for the middle class, make sure there actually is a middle class that would support your product?
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Could there be disputes? Absolutely. There often are between buyers and sellers, which is why it's important you have a lawyer ready for litigation even after the ink has dried. Working capital is the biggest issue of dispute, with some cases going to trial and lasting for years with discrepancies in the millions and billions. Working capital is the biggest cause for dispute, but litigation post-sale can happen for any number of reasons including warranties & purchase price payments.
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Culture is very important in business and has an impact on the strategic direction of business. Culture influences management, decisions and all business functions from accounting to production. Don’t just think in terms of the national culture but also in business think of meetings, negotiation, formalities, social media use, internships and work placements hierarchy.
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So outsourcing is not just international, not just for the largest corporations and not just for saving money why then do some companies skip outsourcing?
A lot of companies don't outsource simply because they don't even realize the option is there. Without a creative mind on your team - it can sometimes be difficult to discover any way that outsourcing could be helpful. Ever heard of Influencer Marketing?
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For example, a letter of credit could be used in the delivery of goods or the completion of a service. The seller may request that the buyer obtain a letter of credit before the transaction occurs. The buyer purchases the letter of credit from a bank and forwards it to the seller's bank. This letter substitutes the bank's credit for that of its client, ensuring correct and timely payment.
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