In these uncertain economic times, companies are looking for ways to cut expenses and conserve cash. One increasingly popular way to do so is to outsource work to independent contractors instead of hiring additional employees.
Structured properly, these consulting relationships can add tremendous value to your business. Structured improperly, these relationships can bring about disastrous results. One common mistake – treating someone as an independent contractor when they should have been an employee under federal and state law – can lead to significant liability for both you and your company.
Topics for this complimentary seminar will include, among others:
- Understanding the difference between employees and independent contractors, and the consequences for mischaracterization
- Structuring and drafting the consulting agreement
- The business deal
- Representations and warranties
- Authority to act for your company
- Ownership of intellectual property
- Confidentiality
- Non-competition and non-solicitation covenants
- Indemnification