Weekly IP Buzz for the Week Ending August 14, 2020

In this week's post, we talk about a few of the more important clauses involved in almost all commercial leases.

Plus, a discussion of the pros and cons of using arbitration agreements in attorney-client relationships to help with potential disputes.

Common Important Clauses of Commercial Leases

A commercial lease is something that you will likely encounter if you run your own business, whether it is leasing a location for your retail shop or an office space for your service-based business. This article covers a few of the more important clauses involved in almost all commercial leases, including "Use and Exclusives Clause" and "Improvement and Alterations Clause."

Read more here.

Arbitration Clauses Between Attorneys and Their Clients: The Factors to Consider

Arbitration clauses have become "increasingly common in lawyer fee agreements." Generally speaking, arbitration provisions with clients are more ethically acceptable for resolving fee disputes as opposed to malpractice claims. Several bar associations across the country have established rules encouraging the informal resolution of fee disputes between lawyers and their clients, such as arbitration or mediation procedures. 

Find the full article here, including the eight factors of client arbitration agreements.

Click to read the previous Weekly IP Buzz on Thriving Attorney.

For more posts, see our Intellectual Property Law Blog.

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In addition to Thriving Attorney, Darin M. Klemchuk is founder of Klemchuk LLP, a litigation, intellectual property, and transactional law firm located in Dallas, Texas. Click to read more about Darin Klemchuk's practice as an intellectual property lawyer.