Typically, before reaching a business agreement, you’ll need to negotiate with the other party. As easy as it seems, it gets very complicated because both parties seek to obtain favorable terms and meet their needs. On any occasion, it’s a good idea to review some ways of effective negotiation since it is a very important...
Out on the street, the traffic starts jumping With folks like me on the job from 9 to 5 – Dolly Parton – 9 to 5 For your information: Some entrepreneurs left their regular job to find a startup after hearing this song. Other people have joined a startup’s team just for the culture of...
In The Wizard of Oz, Dorothy says to her dog: “Toto, I’ve a feeling we’re not in Kansas anymore.” The magical land of Oz seemed, – well, magical, to Dorothy, who was swept away from her home in Kansas by a tornado. The tornado to the legal community has been the announcement of Facebook’s founder,...
There is something you should know about this post: it has been written inspired by a real-life experience. A business trip in Kosovo: I was in a coffee shop, waiting for one of the clients for the usual business meeting. Suddenly my phone beeps. ‘It must be her.’, I thought as I opened the message. ...
Entrepreneurs run business looping from ethical rules to legal requirements. We are aware that doing business requires compliance with legal, ethical and unwritten rules – followed as a internal practice among the community. These unwritten norms are fluid and often leave room for interpretation, while the law is strictly demanding. In particular, the law no....
A commercial company is composed of bodies behind which stand individuals, who may enjoy privileges based on the company’s form of organization. For example, limited liability companies are the typical form of companies, whose partners are liable based on their contribution. However, there are situations known as ‘abuse with position’ when privileged persons may abuse...
In a previous blog post, we have mentioned the merger of companies as a legal process that might result in one entities’ unfair dominance in the market. What is a Merger? A merger is a steady change of control due to: The merger of two or more undertakings, or parts of undertakings –...
Ideally, the market is regulated due to the harmonization of the law of supply and the law of demand. However, monopolistic structures tend (not infrequently) to affect the fair, equal and efficient market. Public-economic policies aim to lessen this absence of competition by adopting new rules, laws and bylaws. In Albania, the legislator has followed...
Dear reader, we are fully aware that due to the recent economic recession, you might find yourself before a staff shortage. To that end, we thought of answering the 10 most frequently asked questions about layoffs. 1. What are the reasonable reasons for the dismissal of the employee by the employer? Employers should...
We have come to understand that AI is here to stay – either we get on the AI Choo-Choo-Train now or later. Something that has grasped our attention in particular is the notion of “AI-powered workplace”[1]. This refers to a set of tools, techniques and methods that may provide value to the employees or the...
