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The Dangers of Letting AI Control Contract Drafting and Review

Artificial intelligence (AI) is being used increasingly in the preparation and negotiation of business documents. This technology offers a host of benefits, including efficiency and cost savings. However, overreliance on AI can bring significant risks. It is more important than ever for experienced business attorneys to be deeply involved in drafting and review of documents Read More

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U.S. DOL Shifts Stance on Classification of Independent Contractors

The U.S. Department of Labor (DOL) has recently altered its standards regarding classification of workers as independent contractors under the Fair Labor Standards Act (FLSA). This adjustment marks a significant departure from the previous, more rigorous interpretation of standards set under the Biden administration, impacting a wide array of employment sectors. In 2021, the DOL Read More

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Practical Steps Businesses Can Take to Protect Copyrighted Works

In the digital age, when content can be shared globally in seconds, protecting intellectual property such as copyrights is vital for businesses. Copyright infringement can lead to financial losses and damage to a company’s brand and reputation. Understanding how to safeguard created works from unauthorized use is essential. Created works that businesses need to protect Read More

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Essential Elements of a Company’s Buy-Sell Agreement

A buy-sell agreement is designed to manage the transfer of ownership interests in a company when specific, predefined events occur. It is typically part of the company’s organic document, such as a corporate shareholders’ agreement, a partnership agreement or an operating agreement in a limited liability company (LLC). By providing a structured approach to handling Read More

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What Foreign Companies Should Know About Doing Business in Arizona

Arizona is a welcoming venue for businesses, due to its lower corporate tax rates and comparative lack of restrictions. But like all states, Arizona has rules and procedures that pertain to foreign entities operating within its borders. Here’s what out-of-state companies need to know about registering and conducting business in Arizona. A company that is Read More

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How Employers Should Prepare for and Conduct Themselves in ICE Raids

In the current political climate, U.S. Immigration and Customs Enforcement (ICE) is intensifying efforts to deport undocumented workers and to prosecute employers who hire them. This shift requires business owners to be acutely aware of their rights and of how to safeguard their enterprises and their workforce.  Here are steps a business owner should take Read More

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Effective Use of Lien Waivers in Construction Projects

A lien waiver is a legal contract by which a contractor, subcontractor, supplier or other construction professional acknowledges that they have received payment for a service rendered and waives any future related lien rights on the property. It ensures that property owners are not double-charged for the same service or materials and that the property Read More

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How an LLC Can Use Equity Compensation to Promote Its Business

Equity compensation is a form of non-cash pay that includes ownership interests in a company. It is commonly used to attract, retain, and motivate key employees and service providers, especially in startups and growing businesses where cash flow might be limited. Equity compensation in a limited liability company (LLC) differs significantly from that in a Read More

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Why Your Business Website Needs a Privacy Policy and Terms of Use

In the modern digital age, where information is as valuable as currency, any company doing business on the internet need to have a prominent privacy policy and terms of use. These online documents transparently communicate how customers’ data is handled and set the ground rules for the use of the website or app. A privacy Read More

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A Business Buyer’s Choice: Asset Sale or Stock Sale?

When businesses change hands, the structure of the transaction has significantly implications for both the buyer and the seller. The two most common transactions are asset sales and stock sales. Each type has distinct characteristics, advantages, and considerations. An asset sale — also known as a bulk sale — involves the purchase of individual properties Read More

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Donald W. Hudspeth Attorney Photo
Donald W. Hudspeth
Principal Attorney

Attorney Donald W. Hudspeth has more than twenty years’ experience practicing corporate and business law. Before attending law school, Mr. Hudspeth held a stock brokers license at the age of 21 and owned his own business at the age of 23. He was a business law professor at Arizona State University, West Campus, and has conducted classes and seminars for a number of higher institutions and organizations. Mr. Hudspeth has published two books on law and is the founder of the radio programs Law on the Edge and Law Talk.

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