Business Law | Silberman Law Firm, PLLC

Are Salary Reductions Legal in Texas?

In Texas, employers are generally allowed to reduce an employee’s salary, provided that the reduction does not breach any contractual agreements and is not based on discriminatory reasons. If an employer reduces a salary due to the employee’s race, gender, or other protected characteristic, such action would constitute illegal discrimination under federal and state laws. […]

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Understanding Non-Compete Agreements in Texas

Texas is often celebrated as a “right to work” state, a term frequently misunderstood and misapplied, especially in discussions about non-compete agreements in employment contracts. Many Texans mistakenly believe that non-competes are invalid in Texas, but this is not the case.  What Does “Right to Work” Really Mean? In Texas, “right to work” refers to […]

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Paying Compensation in Exchange for Confidentiality

In today’s discourse, the term “hush money” often carries a sensational undertone, highlighted in numerous high-profile instances, including allegations involving public figures like former President, Donald Trump. However, beyond the headlines, it’s crucial to understand the legal foundations and acceptability of paying for confidentiality in many professional and personal contexts. The Legality of Confidential Payments […]

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How Texas Lawyers Manage Client Funds

In the realm of lawyers, the management of client funds is governed by strict regulations to ensure integrity and trust in the attorney-client relationship. In Texas, the Interest on Lawyers Trust Accounts (IOLTA) program plays a critical role in this process.  What is an IOLTA? An IOLTA is a special type of trust account for […]

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Are Verbal Contracts Binding in Texas?

Verbal contracts are often confusing because of a mixture of myth and misunderstanding. In Texas, the answer to whether these agreements are binding isn’t a simple yes or no answer. It’s a nuanced journey through the state’s laws, particularly the Statute of Frauds.  At its core, Texas law does recognize verbal contracts as binding, with […]

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Executive Compensation Regulation in Texas

The recent controversy surrounding Elon Musk’s compensation package, which was invalidated by a Delaware judge, has cast a spotlight on the intricate world of executive compensation. This high-profile case serves as a compelling entry point into the broader discussion on how Texas corporations can navigate the complexities of structuring executive compensation packages. While Tesla’s situation […]

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Employment Agreements and Bonus Incentives

We previously covered general considerations of employment agreements in Texas. Today, we give extra considerations to disputes that may arise from such agreements, or the lack thereof, with a focus on bonus pay incentives. Wages paid on commission and bonuses are typically subject to the terms of either an agreement between the employee and employer or […]

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What to Know About the Corporate Transparency Act

Enacted in 2021, the Corporate Transparency Act goes into effect January 1, 2024. The purpose of the Corporate Transparency Act (CTA) is to address issues surrounding anonymous shell companies with the overall aim of fostering transparency and accountability. This act imposes new reporting responsibilities on businesses large and small, so it is important business owners […]

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